12 Macandie Street, Casey ACT 2913

12 Macandie Street, Casey ACT 2913
3-bed 2-bath 2013 townhouse | 145m² with double garage | EER 5.5 ducted climate control | Quiet complex near schools and shops | Land title ambiguity worth clarifying This townhouse sits comfortably above entry-level stock in Casey, offering a practical 145m² layout that suits families and downsizers alike. The 2013 build brings modern insulation standards and an EER of 5.5, which translates to lower energy bills and year-round comfort. Ducted heating and cooling throughout, plus two dedicated parking spaces, make it genuinely low-maintenance without sacrificing liveability. Its position in a quiet complex near the Gold Creek–Gungahlin schooling pathway and local amenities gives it strong appeal for owner-occupiers, particularly young families wanting space without the upkeep of a detached house. The double garage and two bathrooms are meaningful advantages over smaller townhouses in the area, and the contemporary two-storey design holds broad market appeal. The reported land size varies significantly between sources—one suggesting a large titled area, another a compact 173m² block—so the actual ownership footprint should be confirmed before committing. This may affect long-term flexibility, such as future extensions or subdivision potential, though for most buyers the internal layout and location will carry the decision. The asking price aligns with recent transactions for comparable townhouses in the suburb, and the rental estimate suggests solid investor interest if that is a consideration. Condition and presentation will be the final differentiators, as the listing does not detail kitchen or bathroom finishes, so an inspection should focus on those areas to gauge whether any upgrades are needed. || Comparable Sales: 6/29 Bott Crescent sold $805,000 in March 2025; 12/12 Maris King Street sold $770,000 in early 2023 | Property Price Band: $750K–$850K | Value Drivers: condition and finish quality, land title clarity, proximity to schools and local amenities
Detailed Independent Property Report prepared  by PropCred Analyst team for 12 Macandie Street, Casey ACT 2913
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk
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Market Insight

Casey, in Canberra’s northwest Gungahlin district, is a family-oriented suburb. Demand is led by young families and professionals commuting to Canberra, with government deposit schemes drawing first-home buyers. House prices have settled around $927,500–$947,500; annual growth is uneven at 6.46% and -0.95%, while units sit at $614,000 after a -1.44% decline. Houses sell in about 42 days, with 102–104 annual sales and a 4.1% gross yield; weekly rents reach $680, or $798 for four-bedrooms. Supply is tight, supporting prices. Future growth rests on continued residential development and northwest ACT infrastructure, but affordability is stretched and interest-rate sensitivity is a key risk.
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PropCred Estimated Value

Comparable Sales: 6/29 Bott Crescent sold $805,000 in March 2025; 12/12 Maris King Street sold $770,000 in early 2023 | Property Price Band: $750K–$850K | Value Drivers: condition and finish quality, land title clarity, proximity to schools and local amenities

Bedrooms

3

Bathroom

2

Parking

2

Land

1.07 acres

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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