15/41 Pearlman Street, Coombs ACT 2611
15/41 Pearlman Street, Coombs ACT 2611
3 bed townhouse | 2 car spaces | 133 m² modern build | EER 6/10 | school catchment
This townhouse holds a genuine edge in Coombs because of its size and parking. At 133 m², it is larger than most compact attached stock in the area, and the two-car arrangement—one garage, one open space—adds practical daily convenience that many competing townhouses lack. The 2015 build means modern finishes, decent insulation, and an energy rating of 6, which keeps running costs reasonable. Positioned within priority enrolment for Charles Weston and Evelyn Scott schools, it suits young families or professionals who want low-maintenance living without sacrificing space. The layout, with three bedrooms and two bathrooms, works comfortably for a small household or as a strong rental proposition given the estimated $680 weekly return.
The property’s value will likely hinge on how its internal configuration and aspect compare to similar stock in the street. While the reported land figure reflects the parent strata block rather than private land, the building size itself offers genuine flexibility. Orientation is unconfirmed, which may affect natural light and outlook—worth checking in person. The growth suburb context means a steady supply of comparable townhouses, which could temper price appreciation over time. However, the school catchment and two-car parking may support stronger demand from owner-occupiers than investors, potentially stabilising resale value. Buyers should weigh the balance between modern convenience and the lack of a private outdoor footprint.
|| Comparable Sales: 46/41 Pearlman St sold $640,000; 21/41 Pearlman St sold $670,000 | Property Price Band: $650,000–$750,000 | Value Drivers: building size, two-car parking, school catchment proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 15/41 Pearlman Street, Coombs ACT 2611
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Coombs is a young, mid-sized market—median resident age 32, population 4,851—where demand is underpinned by local schools and a solid rental base: four-bedroom houses command $890 weekly. Yet price action is sharply negative. House values fell 19.91% over the year to a $910,000 median, while units slipped 2.88% to $675,000. Sales velocity is moderate: houses average 46 days on market, units 54, with annual volumes of 33 and 105 respectively. The house decline signals affordability pressure and weak buyer confidence. Units face the additional drag of a nationwide condo downturn. No future growth drivers are identified; the key risk is sustained capital erosion, particularly for houses.
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PropCred Estimated Value
Comparable Sales: 46/41 Pearlman St sold $640,000; 21/41 Pearlman St sold $670,000 | Property Price Band: $650,000–$750,000 | Value Drivers: building size, two-car parking, school catchment proximity
Bedrooms
3
Bathroom
2
Parking
2
Land
2.18 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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