2/24 Golgerth Street, Denman Prospect ACT 2611

4-bed duplex on large lot | priority school zone | recent comparable sales up to $910k | strong rental demand This property presents a competitively strong proposition as a four-bedroom duplex occupying a significantly larger land parcel than typical units, aligning it more closely with house medians in a family-focused suburb. Its priority enrolment for Evelyn Scott School and proven rental demand around $860 per week create a solid foundation for either an owner-occupier seeking space or a long-term investor targeting capital growth in a developing area. The configuration serves buyers needing house-like accommodation without the standalone price point. The primary risk is the bushfire overlay, which may affect insurance costs and future resale appeal. The medium energy efficiency rating also presents a potential upgrade cost. However, the recent sales trajectory within the building demonstrates clear capital growth, with a near-identical unit selling for $910,000 in late 2025. The commercial logic favours a buy-and-hold strategy, leveraging the established rental stream while benefiting from the suburb’s maturation. Proceed with a standard building inspection and bushfire assessment. Recent sales within the same building provide a clear value benchmark: – 5/24 Golgerth St: Sold for $910,000 in November 2025. – 8/24 Golgerth St: Sold for $801,500 in November 2020. – 1/24 Golgerth St: Sold for $772,000. This trajectory supports the estimated value near $974,000, indicating sustained demand for this specific duplex format in the complex. The $910,000 sale five months ago is the most relevant comparable, setting a firm floor for current pricing.