3/26 Schonell Circuit, Oxley ACT 2903
3/26 Schonell Circuit, Oxley ACT 2903
Elevated boutique unit | 95 m² with two car spaces | Rare Brindabella views | Older low-rise stock | Tightly held suburb
This unit stands out for its generous internal size and dual car spaces, a configuration that is uncommon in Canberra’s apartment market. The 1985 low-rise build, combined with an elevated and private position backing Oxley Hill, offers a quiet, light-filled living environment that appeals strongly to downsizers and professionals seeking low-maintenance living without sacrificing outlook. Its position within a tightly held suburb, where detached houses dominate and command significantly higher prices, makes this a distinct and comparatively affordable entry point. The property is best suited to buyers prioritising space, privacy, and views over modern finishes or high energy efficiency, as the older construction and modest EER of 3 are balanced by the rarity of the setting and the practical floorplan.
The asking price positions this unit above the suburb’s typical unit median, reflecting its premium attributes rather than generic stock. The 95 m² layout and two car spaces may justify this premium for buyers who value functionality and storage, but the older build and lack of detailed renovation information mean condition should be verified in person. The rental estimate of $540 per week suggests a reasonable income potential, though the higher entry price may compress yields compared to cheaper units in the area. Buyers should weigh the value of the views and quiet location against the need for potential updates, as presentation and energy efficiency could influence long-term appeal and resale.
|| Comparable Sales: 2/26 Schonell Circuit, similar 95 m² unit, no sale price available; 17 Schonell Circuit, house, sold $1.295M | Property Price Band: $550K–$650K | Value Drivers: outlook, internal size, dual parking, low-rise character
Detailed Independent Property Report prepared by PropCred Analyst team for 3/26 Schonell Circuit, Oxley ACT 2903
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Oxley, ACT 2903 is a fundamentally residential, family-oriented market. Demand is driven by a high concentration of family households and an owner-occupier base, with a notable share of mortgage-holding owners. The median house price is $973,750, having achieved a compound annual growth rate of 4.3% – steady, durable appreciation. Weekly median house rent is $745.
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PropCred Estimated Value
Comparable Sales: 2/26 Schonell Circuit, similar 95 m² unit, no sale price available; 17 Schonell Circuit, house, sold $1.295M | Property Price Band: $550K–$650K | Value Drivers: outlook, internal size, dual parking, low-rise character
Bedrooms
2
Bathroom
1
Parking
2
Land
1.91 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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