30 Ingamells Street, Garran ACT 2605
30 Ingamells Street, Garran ACT 2605
1968 detached house | 945m² block | 19% building coverage | redevelopment approved | 0.5 energy rating
This property presents a rare combination of scale and optionality within an established inner-south suburb. The 945m² block with only 19% building coverage is competitively strong, offering substantial redevelopment potential beyond the current 180m² single-storey dwelling. The approved planning for a two-storey replacement with basement garage and pool confirms the site’s capacity for significant value uplift. Its position within priority enrolment for Garran Primary and Alfred Deakin High, alongside proximity to Canberra Hospital, serves families and medical professionals seeking convenience and long-term flexibility. The low-density neighbourhood character and older housing stock make this a compelling proposition for buyers wanting to secure a large parcel in a tightly held area.
The current dwelling’s age and 0.5/10 energy rating may require meaningful capital investment if retained rather than replaced. The redevelopment approval suggests the existing house holds limited functional appeal, and its condition likely reflects a property nearing end-of-life. Rental demand appears active, with an estimated $715 weekly return, but the low yield typical of higher-value suburbs may temper investment-focused buyers. Buyers should weigh the cost of demolition and new construction against the premium achieved for modern dwellings on similar blocks, while noting the absence of flood, bushfire, or heritage constraints reduces build risk. The 5G coverage and established services add practical appeal, though the property’s value hinges largely on land position and development upside rather than the existing structure.
Detailed Independent Property Report prepared by PropCred Analyst team for 30 Ingamells Street, Garran ACT 2605
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Garran presents a mixed investment picture. The median house price sits at $1,350,000, but annual capital growth has fallen sharply by 8.47 percent, and only 31 houses sold in the past year. Transaction evidence from September 2025 to January 2026 shows a wide spread, from roughly $275,000 to $2,370,000, with notable sales at $1,400,000, $1,975,000 and $2,370,000. Demand is led by established professionals aged 40 to 49, mostly Australian-born with bachelor degrees and high household incomes, a cohort typically seeking space and stability. Their capacity to absorb higher borrowing costs gives the suburb some resilience, yet recent interest rate rises have weighed on buyer sentiment across Canberra, and the market is clearly repricing. The negative growth rate is the central constraint, and any recovery will depend on rate relief and renewed buyer confidence. No infrastructure or supply-side catalysts appear in the data, so near-term momentum remains subdued.
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PropCred Estimated Value
Comparable Sales: Ingamells St $1.341M (May 2024); Fitchett St $1.8M (May 2024) | Property Price Band: $1.3M–$1.5M | Value Drivers: land size, redevelopment approval, school catchment
Bedrooms
3
Bathroom
1
Parking
2
Land
945m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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