117/68 Hardwick Cres, Holt ACT 2615
117/68 Hardwick Cres, Holt ACT 2615
Mid-2000s unit complex | 2-bed configuration likely | Kippax retail walkable | Investor and first-home appeal | Mixed building condition
This unit sits within a well-established mid-2000s apartment complex in Holt, a suburb that offers practical, everyday convenience rather than prestige. The building’s mix of one to three-bedroom units means 117 is likely part of a solid, functional stock that appeals strongly to first-home buyers and investors seeking low-maintenance living near Kippax Shopping Centre. The complex’s balconies, open-plan layouts, and built-in storage are standard but genuine draws for renters and owner-occupiers alike. With multiple recent sales in the building, there is clear market activity, and the location’s short drive to Belconnen Town Centre and Lake Ginninderra adds everyday lifestyle value. This unit best serves a buyer wanting dependable rental demand or an affordable entry into Canberra’s property market without compromising on amenity access.
The property’s value may be shaped by its specific floor level and orientation, which are not confirmed, and these factors could influence natural light and outlook. Some units in the complex show older finishes, including insulation standard non-compliance and missing energy ratings, so 117’s condition and any recent updates may materially affect its price. Parking allocation and bathroom count, likely one or two spaces and baths, could also differentiate it from comparable units. Buyers should weigh these variables when forming a view on price, as they may justify a premium or require a discount depending on the unit’s actual state.
Detailed Independent Property Report prepared by PropCred Analyst team for 117/68 Hardwick Cres, Holt ACT 2615
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✓
Market Insight
Holt, in the ACT, is a family-oriented suburb with a high proportion of mortgaged owners. That mortgage profile implies rate sensitivity, with variable rates at 5.34–5.59% and thin stock—just 4–7 listings. House prices sit at $827,594–$835,000, growing 3.49–6.4% annually; units at $593,148–$680,000, growing 1.5–11%. Houses sell in 38–42 days; annual sales of 78–80 indicate a steady, shallow market. Demand is underpinned by Canberra’s record auction clearances. Future growth relies on market momentum, while key risks are rate sensitivity and limited inventory.
PropCred Estimated Value
Comparables: 28/68 Hardwick Cres sold $425,000; 67/68 Hardwick Cres sold $420,000 | Price Band: $300,000–$400,000 | Value Drivers: Unit size, floor level, condition and any upgrades
Bedrooms
2
Bathroom
2
Parking
2
Land
1.02 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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