12/4 Antis Street, Phillip ACT 2606
12/4 Antis Street, Phillip ACT 2606
1990s low-rise | courtyard-style unit | Woden precinct | established apartment pocket | investor-friendly
This is a competitively positioned entry into the Woden/Phillip market, offering a rare combination of older, low-rise living with genuine walkability to Westfield, Canberra Hospital, and the future light rail stop. The unit’s likely configuration—two bedrooms, one bathroom, and a single car space—suits first-home buyers, professional couples, and downsizers who prioritise location over brand-new finishes. Its ground-floor orientation, where applicable, adds a private courtyard that many newer apartments lack, giving it a tangible edge in a suburb increasingly dominated by high-rise stock. This is a practical, mid-market property that should attract steady enquiry from both owner-occupiers and investors seeking reliable rental demand.
The value picture may be shaped by the unit’s presentation and any updates to kitchen or bathroom, as older 1990s fitouts can feel dated against newer competitors. Parking configuration and outdoor space might also influence price, with carports or courtyards adding practical appeal. The broad sales range on the street suggests condition and floor level matter more than raw size, so a well-presented unit could command a premium, while one needing refresh may sit at the lower end. Buyers should weigh renovation potential and the long-term benefit of the light rail when forming a view on price.
|| Comparable Sales: 13/4 Antis Street sold $465,000; 15/4 Antis Street sold $442,000 | Property Price Band: $400,000–$500,000 | Value Drivers: condition, courtyard presence, parking layout
Detailed Independent Property Report prepared by PropCred Analyst team for 12/4 Antis Street, Phillip ACT 2606
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
The suburb is in a correction phase: median house prices fell 14.09% over the past year to $545,500, while units declined a milder 3.19% to $532,450. Only 26 house sales were recorded, so liquidity is thin. Rental metrics indicate investor-driven demand: house yields are 5.12%, unit yields 5.68%, with weekly rents of $568 and $575 respectively. The 45-day median selling time points to balanced conditions, not distressed turnover. Buyers are likely yield-focused investors and renters priced out of tighter markets, though demographic and infrastructure data are insufficient to confirm a broader owner-occupier base. Future growth depends on rental strength and any reversal of the recent price fall, but the sharp decline and low sales volume are key constraints. The subdued unit price movement offers relative stability, yet the absence of supply and vacancy data limits confidence. Overall, this is a high-yield, low-liquidity market with clear affordability appeal and elevated price risk.
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PropCred Estimated Value
Comparable Sales: 13/4 Antis Street sold $465,000; 15/4 Antis Street sold $442,000 | Property Price Band: $400,000–$500,000 | Value Drivers: condition, courtyard presence, parking layout
Bedrooms
2
Bathroom
1
Parking
1
Land
3388m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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