102/2 Woodberry Avenue, Coombs ACT 2611
102/2 Woodberry Avenue, Coombs ACT 2611
Modern two-level townhouse | 2-bed 2-bath with 2 car spaces | 105 m² efficient layout | Coombs medium-density precinct | Strong rental demand profile
This townhouse holds a clear competitive edge through its balanced configuration—two genuine bedrooms, two bathrooms, and two parking spaces within a compact 105 m² footprint. That combination suits first-home buyers wanting low-maintenance living without sacrificing functionality, and downsizers seeking single-level convenience if the internal layout allows. The property sits within Coombs’ newer townhouse stock, where modern finishes like stone benchtops, timber flooring, and integrated appliances are typical, so it should feel current rather than dated. Its position in a medium-density development with shared land and no detected overlays means fewer surprises on title, and the school catchment connection to Charles Weston and Evelyn Scott schools broadens its appeal to young families. The active leasing market in the precinct, evidenced by nearby townhouses renting quickly, signals this unit would attract reliable tenants if purchased as an investment.
Value may hinge on internal level configuration—whether bedrooms sit upstairs or down—and the quality of finishes relative to comparable units. Aspect and natural light are unconfirmed, and those factors can shift buyer perception noticeably. The 105 m² size is efficient but not generous, so any awkward layout or limited storage might temper demand. Conversely, a private courtyard or balcony, plus the tandem garage with internal access, could strengthen its position. The complex-level land parcel means strata fees and shared maintenance obligations will matter, so reviewing those costs before committing would be prudent. Proximity to parkland and arterial roads adds practical convenience, but the car-oriented setting may not suit buyers wanting walkable urban amenity.
|| Comparable Sales: 92/2 Woodberry Avenue sold $650,000; 114/2 Woodberry Avenue similar townhouse | Property Price Band: $600K–$700K | Value Drivers: internal layout configuration, finish quality, parking arrangement and courtyard space
Detailed Independent Property Report prepared by PropCred Analyst team for 102/2 Woodberry Avenue, Coombs ACT 2611
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
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: 92/2 Woodberry Avenue sold $650,000; 114/2 Woodberry Avenue similar townhouse | Property Price Band: $600K–$700K | Value Drivers: internal layout configuration, finish quality, parking arrangement and courtyard space
Bedrooms
3
Bathroom
2
Parking
2
Land
1.24 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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