1/48 Knoke Avenue, Gordon ACT 2906
1/48 Knoke Avenue, Gordon ACT 2906
Renovated single-level townhouse | Gordon’s strong owner-occupier suburb | 4.0 energy rating | 2-car parking in a quiet complex
This property’s primary buying case rests on its combination of a single-level layout and a 4.0 energy rating, both rare in the Gordon townhouse market. The 103-124m² floorplan with two dedicated parking spaces positions it well for downsizers or investors seeking low-maintenance stock in a suburb where 77% of residents are owners, not renters. The 2020 purchase price of $440,000 provides a clear floor for value assessment, while the recent renovation removes immediate capital expenditure. It serves best as a lock-and-leave home for professionals or as a stable rental holding in a catchment with Gordon Primary and Lanyon High within 1km.
The key risk is the absence of recent comparable sales for this specific unit, making price discovery uncertain until the guide is confirmed. The street’s 42% rental ratio is higher than the suburb average, which may temper capital growth in a soft market. Opportunity lies in the 321m² block being slightly larger than typical for a two-bedroom townhouse, offering potential for future extension if zoning permits. Hold this property for steady rental yield and moderate long-term appreciation, not for short-term flipping.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/48 Knoke Avenue, Gordon ACT 2906
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Gordon is a mature, established suburb in Canberra’s south, characterised by a stable, professional demographic. Demand is primarily driven by owner-occupiers, many of whom are mortgaged professionals, supporting consistent sales activity. Recent price growth has been steady, with houses transacting relatively quickly, indicating solid underlying demand. Future growth is supported by ongoing population increases, though the market faces potential sensitivity to interest rates given the high proportion of mortgaged owners, and rental supply appears notably constrained.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
321m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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