92 Phillip Avenue, Downer ACT 2602

92 Phillip Avenue, Downer ACT 2602
Ex-gov 1960s stock | Four-bed rarity | Leafy inner-north | Move-in ready family home This property presents a competitively strong proposition due to its four-bedroom configuration within a 1960s ex-government series, a relatively rare find that directly serves the family buyer segment in the sought-after Inner North. Its move-in-ready status on a large 769m² block, with no development overlays, offers immediate utility and positions it as a low-complexity entry into a high-demand, established suburb. The combination of a low 2025 Unimproved Value and a significant estimated capital gain since its last sale underscores its underlying land value and potential for sustained demand from both owner-occupiers and investors. Proceed with the understanding that its 3.0 Energy Efficiency Rating imposes a tangible cost through higher utility bills and future upgrade requirements, while the absence of detailed comparable sales data obscures precise market calibration. The opportunity lies in acquiring a scarce, large-format family home in a tightly held location, with the commercial logic of benefiting from both land value and rental demand. This property is a hold for long-term capital growth, suitable as a primary residence or a strategic investment, but requires a budget for thermal performance improvements to protect its future value.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

This suburb is positioned as a sought-after residential market, characterised by a young, professional demographic with high household incomes. Demand is driven by this established cohort seeking family-oriented housing, evidenced by strong sales activity for three and four-bedroom homes. Recent price growth reflects a stable and active market, with properties transacting efficiently. Future performance will hinge on the suburb’s ability to retain its affluent professional base, though its established desirability provides a solid foundation against broader economic headwinds.

PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

2

Land

769m²

Built

Recent Assessments