2 Inwood Place, Gowrie ACT 2904

Corner block cul-de-sac | 845sqm rare large parcel | 4-bed family home | Architect-designed This property presents a competitively strong offering based on its substantial and increasingly rare corner block in an established suburb, delivering genuine openness and privacy. The architect design and long-term single occupancy suggest a solid core structure. It serves a buyer seeking a low-density family setting with future flexibility, as such parcels are seldom available. The primary decision risk is the absence of recent sales evidence on this street, creating price discovery uncertainty. The opportunity lies in securing a large block before broader market recognition of this scarcity. Acquire for long-term hold to capitalise on both land value and the option for future alteration, given the flexible corner position. Comparable sales context is limited but instructive: – 5 Inwood Place sold for $602,000 in May 2018. This dated sale indicates significant underlying price growth in the area. – 2 Woods Place, a larger 5-bedroom on a similar 873sqm block, sold circa November 2024. Its estimated value near $1.33 million, while not a direct comparison, benchmarks the land value for substantial blocks in Gowrie. This data confirms the premium for large blocks in this locale, providing a credible baseline for assessing this property’s land-centric value proposition.