208/302 Northbourne Avenue, Dickson ACT 2602

208/302 Northbourne Avenue, Dickson ACT 2602
No sale history | rental yield near 5% | no flood or fire risk | low owner occupancy The absence of a verified sale record for this unit introduces price anchoring uncertainty for a buyer, but the rental yield of 5 percent confirms genuine investment-grade income flow. An entry near $670,000 offers a margin of safety against the wider valuation range. A buyer should treat this property as a hold for stable cash flow rather than short-term capital appreciation. The location on Northbourne Avenue provides competitive advantage with Lyneham High School 400 metres away and accessible transport. The combination of two bathrooms and one car space is rare for this price point in Dickson. This unit best serves an investor or an owner-occupier who prioritises rental return over premium finishes. To confirm price comparability, a buyer should request off-market transaction data from a local agent covering the last 12 months.
Detailed Independent Property Report prepared  by PropCred Analyst team for 208/302 Northbourne Avenue, Dickson ACT 2602
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ! 1
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Insight: Dickson ACT 2602

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.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1.29 acres

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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