2/3 Barrington Cres, Amaroo ACT 2914
2/3 Barrington Cres, Amaroo ACT 2914
Two-storey townhouse | North-rear aspect | Boutique complex | EER 5.0 | Single garage
This townhouse offers a genuinely practical layout for buyers seeking low-maintenance living without sacrificing space. The two-storey configuration separates living areas from bedrooms, which suits families or downsizers wanting privacy and function. Its north-facing rear is a real advantage in Canberra’s climate, maximising winter light and warmth, while the boutique complex of only 14 buildings keeps it quieter and more private than denser developments. The 1997–1998 build is solid brick veneer with concrete tiles, and the EER 5.0 rating is respectable for its era. It serves best buyers wanting school catchment access, established suburb services, and a smaller footprint than the typical Amaroo house, with strata management handling external upkeep.
The property’s value may be shaped by its strata structure, which reduces private land entitlement and autonomy compared to freestanding homes nearby. Its finish level is functional rather than premium, with single glazing and no major renovation evident, so buyers might factor in future upgrade costs. The current rent of $600 per week is close to estimates, suggesting steady tenant demand, though yields remain moderate. The large “land size” figure in some data is misleading for a townhouse, so focus on the internal 134 m² and garage space when comparing. Holding costs are reasonable, with strata, rates, and land tax combining to roughly $1,845 per quarter, which is manageable for this product type.
|| Comparable Sales: 5 Bemm Place sold around $835,000 for a renovated house; 28 Bizant Street sold higher for a larger 2007 build | Property Price Band: $700K–$800K | Value Drivers: North-rear aspect, boutique complex setting, functional layout over renovation status
Detailed Independent Property Report prepared by PropCred Analyst team for 2/3 Barrington Cres, Amaroo ACT 2914
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Amaroo, in Canberra’s Gungahlin district, is positioned in a competitive market where strong buyer turnout and firm auction competition are driving demand. House prices sit near $980,000, with annual growth between 0.5% and 3.8%, while units have outperformed, posting 19.7–23.5% growth to a median of roughly $740,000–$760,000. Houses sell in a median 46 days on about 75–84 sales annually. Rental yields are modest for houses at 3.8% but firmer for units at 4.65–5.0%, with weekly rents of $650 for houses and $540–$600 for units. The suburb offers access to Gungahlin’s local marketplace and standard car spaces; school catchment quality varies by school. Future growth depends on sustained auction heat and buyer demand, though record spring listings could shift conditions toward a buyer’s market.
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PropCred Estimated Value
Comparable Sales: 5 Bemm Place sold around $835,000 for a renovated house; 28 Bizant Street sold higher for a larger 2007 build | Property Price Band: $700K–$800K | Value Drivers: North-rear aspect, boutique complex setting, functional layout over renovation status
Bedrooms
3
Bathroom
2
Parking
1
Land
1.37 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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