512/484 Northbourne Avenue, Dickson ACT 2602

512/484 Northbourne Avenue, Dickson ACT 2602
Largest 2-bed design in complex | North-east corner aspect | High EER 6 | Prime Dickson location near Lyneham High This unit presents a competitively strong proposition within its complex, offering the largest two-bedroom floor plan in a sought-after Dickson address. Its north-eastern corner position ensures excellent light and cross-ventilation, while the 93sqm internal area and two bathrooms provide a practical layout rare in apartment stock. This configuration best serves an owner-occupier seeking space and amenity or an investor targeting the strong rental demand indicated by the $690 per week estimate, supported by proximity to multiple schools. Proceed with due diligence on the identified flood overlay, as this may impact insurance costs and future liquidity. The current offer price sits just above the estimated market value, suggesting limited immediate equity gain. However, the unit’s superior size and aspect within the complex justify a premium for long-term holders. Acquire this for its liveability and positional strength, not for short-term speculation.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Dickson presents a nuanced market, with its unit segment showing recent resilience while houses face headwinds. Demand is currently anchored by first-home buyers, supported by government incentives, creating a distinct entry-level dynamic. Recent price trends diverge, with units experiencing quarterly growth against a softer annual backdrop for houses, indicating a cautious but active lower-priced segment. Future growth will hinge on sustained first-home buyer activity, though the broader market’s sensitivity to economic conditions remains a key consideration.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

3076m²

Built

Recent Assessments