26 Berry Street, Downer ACT 2602
26 Berry Street, Downer ACT 2602
1965 detached house | 666m² block | EER 1 | park frontage | inner-north family pocket
This is a genuine mid-1960s family house on a full-size block, which is increasingly uncommon in Downer’s inner-north market. The 666m² land parcel is the primary competitive edge, offering rear-yard potential, side access possibilities, and a footprint that suits renovation or extension. The park-frontage position with playground and street library directly across the street adds a quiet, family-oriented micro-location that many comparable houses lack. Fresh paint, extended open-plan living, reverse-cycle heating and cooling, and restored roof tiles mean the property is move-in ready rather than a full project, though the EER 1 rating signals original thermal performance. This house best serves owner-occupier families wanting a solid base in a leafy, walkable suburb near light rail, Dickson shops, and the CBD, with room to add value over time. The configuration is classic rather than unique, but the combination of land, position, and immediate condition gives it a practical edge over tired or subdivided stock nearby.
Value may be shaped by the dated energy rating, which could deter buyers prioritising low running costs or sustainability credentials, though it also presents an opportunity for targeted upgrades like insulation, double glazing, or solar. The single garage and modest internal area of roughly 110–118m² might limit appeal for households needing more immediate space, but the extended living area partially offsets this. Block shape and garden layout could influence how easily a future extension or granny flat might fit, and the older build may require ongoing maintenance despite recent cosmetic work. Buyers should weigh the cost of potential thermal improvements against the strength of the location and land, as the property’s value likely hinges more on its site and setting than on the house itself.
|| Comparable Sales: 12 Melba Street sold $1.28M; 8 Hall Street sold $1.22M | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, park frontage, renovation potential, condition
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Berry Street, Downer ACT 2602
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
The suburb is a premium, established Canberra market, with a median house price of $1.22 million and a 2.7% annual growth rate. Demand is led by high-income professionals, with household earnings typically between $78,000 and $130,000, and a demographic mix of younger adults (20–29) alongside an average age of 37, indicating both entry-level professionals and settled families. Sales velocity is firm: 53 house sales in the past year, with three-bedroom stock turning over in a median 39 days. Four-bedroom homes trade at $1.2 million but saw only 11 sales, pointing to constrained opportunities for larger dwellings. The $1.185 million three-bedroom median underscores affordability pressure for first-time buyers, while the stable, Australian-born, largely secular population base suggests limited demographic volatility. Overall, this is a tightly held, high-value suburb where supply of larger family homes is the principal market constraint.
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PropCred Estimated Value
Comparable Sales: 12 Melba Street sold $1.28M; 8 Hall Street sold $1.22M | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, park frontage, renovation potential, condition
Bedrooms
3
Bathroom
2
Parking
1
Land
666m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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