3 Roberts Street, Macquarie ACT 2614

3 Roberts Street, Macquarie ACT 2614
3-bed family house | 659m² block | triple-car parking | established Macquarie pocket | single-bathroom layout A clear family-house proposition is found at 3 Roberts Street. The 659m² block is a genuine advantage in this part of Macquarie, where established detached housing is the dominant character and larger lots are increasingly sought. Three-car parking is a practical rarity, especially for households with multiple vehicles, a trailer, or workshop needs. The house is well matched to buyers who want a solid entry into a mature Belconnen suburb with strong school catchment access, good local shopping, and straightforward commuting to the city and universities. It serves best as a long-term family home rather than a prestige property, with its value concentrated in land, location, and everyday utility rather than standout architectural features. The main constraint is found in the single-bathroom layout, which may be viewed as limiting for larger families or those wanting a spare bathroom. Higher maintenance outlay might be expected from an older building profile, and less efficient heating and cooling could be included in the ordinary running costs. At the same time, real scope is left for a considered renovation that lifts comfort and value. The final price may be influenced more by interior condition and presentation than by land alone, so updating costs should be weighed carefully against the strength of the location. >>Comparable Sales: 3 Moy Place at $390,500 (2009); 30 Bennelong Crescent recent comparable | Property Price Band: $900K–$1M | Value Drivers: land size, triple-car parking, school catchment
Detailed Independent Property Report prepared  by PropCred Analyst team for 3 Roberts Street, Macquarie ACT 2614
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Macquarie ACT 2614 is a compact, professional-focused suburb of 3,104 residents, with a dominant 20-29 age cohort and a high-skilled workforce driving owner-occupier and investment demand. The rental market is tight, with vacancy at 1.16% and stock down 40% for houses and 25% for units year-on-year, underpinning a resilient investment case. House prices have risen 5.21-5.51% annually to a $899,000-$1,010,250 range, with 38 sales in the past year including sub-$720,000 transactions, indicating active middle-market activity; units sit at $399,500-$412,500 with 3.38% growth. Gross yields remain low at 1.23%, a constraint for yield-focused buyers, but tight supply, population growth of 14.96% from 2016-2021, and proximity to Jamison Centre support future demand. The key risk is affordability: median house prices above $1 million may test younger professionals, while low stock levels could intensify competition despite rate sensitivity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

659m²

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