1 Clermont Street, Fisher ACT 2611

Corner block | Quiet street | Move-in ready | 2-bed house on large land This property presents a competitively strong entry point into the established Fisher market, primarily through its land position. The significant block size, even at the lower estimate, offers a scarcity premium in the suburb and provides future flexibility. Its freshly updated condition and single-level layout make it a low-maintenance proposition, ideally serving first-home buyers or downsizers seeking a quiet, convenient location with established school catchments. The decision hinges on verifying the true land area, as the discrepancy directly impacts value and potential. Rates and land tax liabilities are material for investment calculations. This house is not a high-growth play but a stable land-backed property; it should be acquired at a price that reflects its current rental yield, not speculative redevelopment potential, and held for the long term to realise land value appreciation. Recent comparable sale at 11 Clermont Street, a 3-bedroom house on 720m², sold in February for approximately $911,000. This suggests a clear value benchmark, indicating the subject 2-bedroom property should transact at a proportionally lower price, with the difference reflecting one less bedroom. This establishes a credible pricing corridor for your offer strategy.