112 Atherton Street Downer ACT 2602

Renovated house | 773m² land in Downer | 4 beds, 2 baths, 2 cars | Auction scheduled This property presents a competitively strong offering due to its recent renovation on a large block, a configuration that is increasingly rare in established suburbs. The land size and building coverage of 36% provide immediate equity in land value and future flexibility, serving a buyer seeking space or long-term capital growth. Its position in a high-ownership area on a tree-lined street reinforces its appeal to owner-occupiers, particularly families supported by the priority school catchments. Proceed with the understanding that an auction with a 60% clearance rate indicates competitive but uncertain bidding, requiring a strict maximum price. The absence of risk overlays is advantageous, but the data inconsistency on car spaces and lack of building age detail necessitates thorough pre-purchase verification. This house is a hold for the long term, leveraging its renovated state and land bank. A Propcred report would specifically validate its real market valuation against recent sales and clarify any locality risks for insurance.