38 Mchugh Street, Evatt ACT 2617
38 Mchugh Street, Evatt ACT 2617
Renovated north-facing family house | 655 m² block in established Evatt | 3-bed, 1-bath layout suits practical buyers | Sunroom adds flexible living space | Strong owner-occupier appeal in a quiet pocket
This house holds genuine appeal for buyers seeking a move-in-ready family home without the premium of a larger or newer build. The north-facing orientation is a real advantage, giving the living areas and backyard good natural light through the day, which matters in Canberra’s cooler months. The renovated presentation lifts it above original-condition stock in the suburb, and the open-plan flow with a sunroom offers practical versatility—whether as a study, playroom, or extended lounge. On a 655 m² block, the yard is manageable yet functional for weekend use, and the 3-bed, 1-bath format aligns well with first-family buyers or downsizers who want detached housing without excess upkeep. In Evatt’s established suburban character, this house competes strongly on condition and aspect rather than size, making it a sensible choice for those prioritising immediate comfort over future expansion.
The single-bathroom layout may be a constraint for some families, particularly those with older children or frequent guests, and this could narrow the buyer pool slightly. The car accommodation is listed as two spaces, but whether that is a garage, carport, or open parking is not confirmed, which may affect perceived convenience and security. The block size, while adequate, is smaller than some nearby houses, so buyers wanting a large yard for extensions or substantial outdoor entertaining might find it limiting. The age of the building is not clearly documented, and while the renovation suggests recent updates, the underlying structure—roof, insulation, or wiring—may still reflect its original era, so a building inspection would be wise. These factors may influence how the price is negotiated, but they do not diminish the property’s core strength as a well-presented, light-filled family home in a sought-after school catchment.
|| Comparable Sales: 9 McHugh Street (3/1/2, 765 m², built 1974, est. $855K) | Property Price Band: $775K–$875K | Value Drivers: Renovated condition, north-facing aspect, sunroom flexibility, established suburb location
Detailed Independent Property Report prepared by PropCred Analyst team for 38 Mchugh Street, Evatt ACT 2617
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Evatt (ACT 2617) is a family-dominated suburb, with buyer activity concentrated in 3- and 4-bedroom houses (21 and 19 sales) against just 3 unit sales. Median house price is $860k–$875k, but annual growth is negative at -0.57% to -4.44%, indicating price pressure. Houses sell in 17–36 days; gross yield 3.97%; median rent $650. Annual sales volume of 83–87 houses and an upcoming auction on Levine Street signal a functional, active market. Larger-home demand appears via recent listings above $1.45M for 5-bedrooms. Key risks: high rate sensitivity from significant mortgage exposure among owners and supply constraints from only 5 rentals last month and negligible unit turnover. Negative growth points to affordability ceilings.
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PropCred Estimated Value
Comparable Sales: 9 McHugh Street (3/1/2, 765 m², built 1974, est. $855K) | Property Price Band: $775K–$875K | Value Drivers: Renovated condition, north-facing aspect, sunroom flexibility, established suburb location
Bedrooms
3
Bathroom
1
Parking
2
Land
655m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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