15/1 Flecker Place, Florey ACT 2615
15/1 Flecker Place, Florey ACT 2615
2-bed renovated townhouse | 2-car garage plus carport | compact 86m² | established leafy complex | strong downsizer appeal
This townhouse competes well because it is genuinely move-in ready. The renovation is not cosmetic; it extends to the kitchen, bathroom, laundry, flooring, and lighting, which removes the immediate capital outlay most buyers face with 1980s stock. The two-car provision is rare for a compact unit and will appeal strongly to households with two vehicles or those who value secure storage. Positioned in a tranquil, low-density complex, it serves downsizers and small households who want lock-and-leave living without apartment compromises. The courtyard with afternoon light adds private outdoor space that many similar units lack, making it a practical, low-maintenance choice for owner-occupiers and investors alike.
The 1988 build and modest internal area may temper price growth compared to newer or larger townhouses. The energy rating appears inconsistent across records, so thermal performance should be verified before committing. The compact layout suits one or two people but may feel tight for families, limiting buyer pool. The strata arrangement on a large parcel may carry shared maintenance obligations, though no specific costs are disclosed. Buyers should weigh the renovation quality against the older fabric and confirm the actual EER to gauge ongoing comfort and running costs.
|| Comparable Sales: 3-bed townhouse in same complex sold Oct 2023 for $690,000; another 3-bed in complex sold Jul 2026 | Property Price Band: $580,000–$680,000 | Value Drivers: renovated condition, dual parking, courtyard and outdoor space
Detailed Independent Property Report prepared by PropCred Analyst team for 15/1 Flecker Place, Florey ACT 2615
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Florey, in Canberra’s Belconnen District, presents a tightly held market: 48-51 house sales over the year to October 2025, with only three rentals and zero listings last month. Median house prices hover between $927,500 and $935,000, with annual growth of 1.6% to 4.1% across sources; units sit at $658,500, growing 4.85%. Houses sell in a median 42 days. Recent transactions span $650,000 to $1,550,000 for 3-6 bedroom properties, indicating demand from owner-occupiers and investors drawn to stable, family-oriented housing. Weekly rents for four-bedroom houses reach $750, five-plus bedrooms $800, while a unit median rent is $530. Future growth leans on limited supply and steady absorption, but affordability pressures are emerging: median prices near $1 million, and vehicle-dependent transport with no detailed public infrastructure pipeline adds constraint.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 3-bed townhouse in same complex sold Oct 2023 for $690,000; another 3-bed in complex sold Jul 2026 | Property Price Band: $580,000–$680,000 | Value Drivers: renovated condition, dual parking, courtyard and outdoor space
Bedrooms
2
Bathroom
1
Parking
2
Land
1.07 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!