15 Elia Ware Cres, Bonner ACT 2914

15 Elia Ware Cres, Bonner ACT 2914
Detached family house | Mid-2010s build | 404–558 m² block | Modern finishes | Owner-occupier demand This property sits in a modern, family-focused pocket of Bonner where detached houses on separate titles are the standard. The configuration is typical of the area — three to four bedrooms, two bathrooms, and a garage — which aligns well with what local buyers expect. The build era from the mid-2010s means the structure is relatively new, with contemporary fixtures like stone benchtops, stainless-steel appliances, and reverse-cycle heating and cooling. The block size offers more flexibility than many newer suburbs, and the street’s character is consistent and well-presented. This house serves best for families or move-up buyers seeking a low-maintenance, ready-to-live-in home without the premium of an older established suburb. The land size and layout are the primary factors that may shape its value. A larger-than-standard block could support future extensions or outdoor improvements, while a smaller one would limit that potential. The absence of any overlay constraints suggests straightforward ownership, and the strong digital infrastructure adds practical appeal. The rental yield, estimated around four percent, is reasonable for this market and may attract investor interest, though the dominant buyer profile remains owner-occupiers. Condition and presentation will matter most — a well-maintained interior and tidy yard will hold value better than one needing updates, even in a newer home.
Detailed Independent Property Report prepared  by PropCred Analyst team for 15 Elia Ware Cres, Bonner ACT 2914
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk
Income Risk 2
Execution Risk
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Market Insight

Bonner sits in Gungahlin, north Canberra, a family-oriented suburb with a young median age of 34 and a professional, high-income base. The median house price is $960,375, up 7.91% annually, but 3-bedroom homes sit at $770,000 and 4-bedroom homes at $1,020,300. Demand is driven by families aged 30-39 with bachelor qualifications; sales are steady at 96 per year, with 3-bedroom properties taking 48 days to sell and 4-bedroom properties 37 days. A 9.05% population rise since 2016, strong infrastructure links via Gungahlin Drive and potential light rail, and a high household income underpin future growth. Risks include affordability limits from high prices, constrained supply from low turnover, and interest-rate sensitivity among professional buyers.
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PropCred Estimated Value

Comparable Sales: 36 Elia Ware Cres sold $555,000 in 2015; 42 Elia Ware Cres marketed near $1.1M | Property Price Band: $1.0M–$1.1M | Value Drivers: Block size, modern condition, street presentation

Bedrooms

3

Bathroom

1

Parking

1

Land

249m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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