13/5 Gould Street, Turner ACT 2612

13/5 Gould Street, Turner ACT 2612
Oversized 117sqm inner-north unit | Two secure car spaces | Prime Turner locale near light rail | High-spec Five complex This property presents a competitively strong proposition due to its rare spatial configuration, offering 117 square meters which is exceptional for a two-bedroom apartment in the inner north. This scale, combined with two car spaces, quality finishes, and a dedicated study nook, creates a durable advantage for owner-occupiers seeking long-term comfort or professionals working from home. Its location in a well-regarded complex moments from the Braddon precinct and light rail solidifies its appeal to buyers prioritizing urban convenience without compromising on living space. Proceed with the understanding that the lack of a disclosed floor level and building age introduces valuation ambiguity, a risk that must be priced into your offer. The established rental yield near 5.8% provides a sound commercial logic for investors. This is a hold property; its oversized layout ensures it will remain distinct in the market, making it suitable for a long-term capital hold or a premium rental. The sales history indicates steady capital growth: – Jun 2008: $530,000 – Feb 2017: $590,500 – Current Ask: $630,000 – $650,000 This trajectory, alongside the current asking price sitting below the estimated market value of $671,000, suggests the listed range is positioned for negotiation.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Turner is an established inner-north suburb prized for its proximity to the Canberra CBD. Demand is driven by a young, professional demographic seeking urban convenience, supported by strong recent sales activity. The market demonstrates solid turnover, with houses and units moving at a measured pace. Future growth is underpinned by sustained population increases, though the limited volume of house sales suggests a tightly held market that may constrain supply.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

1733m²

Built

Recent Assessments