1 Herdson Place, Macgregor ACT 2615

1 Herdson Place, Macgregor ACT 2615
3 bed family house | 2 living areas | double garage | 514 m² block | built 2008 This property holds a clear competitive edge in Macgregor’s family-oriented market. The 2008 build is newer than much of the established stock, offering modern layouts without the maintenance burden of older homes. Two living areas and a 164 m² footprint make it genuinely functional for families who need separate zones for kids and adults, while the double garage adds practical storage and parking. The EER 5.0 rating is respectable for the era, keeping energy costs moderate. Positioned near parks, schools, and Lake Ginninderra, it serves young families and upsizers seeking a turnkey house in a settled suburb. The single bathroom is the main constraint for growing households, potentially limiting appeal to buyers who prioritise multiple bathrooms. The 514 m² block is typical for the area, offering manageable outdoor space without excess upkeep. Rental appraisal of $690–$710 weekly suggests solid income potential for investors, though the property’s true value hinges on how the brand-new flooring and presentation compare to competing listings. Buyers should weigh the trade-off between modern finishes and the bathroom count when forming a price view. || Comparable Sales: 32 Rowland Street, Macgregor (3 bed, 2 bath, 450 m², sold price not disclosed) | Property Price Band: $700K–$800K | Value Drivers: newer build condition, dual living areas, double garage, land size
Detailed Independent Property Report prepared  by PropCred Analyst team for 1 Herdson Place, Macgregor ACT 2615
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk 2
Execution Risk 2
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Market Insight

Macgregor ACT 2615, in northwest Canberra, is an established family suburb with good road and bus links to Belconnen and Civic. Demand is driven by middle-income families, with a high share of mortgaged owners and a moderate renter base. House prices sit around $823,000, with annual growth of 2–4.5% across sources, while units range from $561,000 to $630,000 with mixed growth. Houses sell in about 28–37 days, with annual sales of 126–137. Rental demand is firm: vacancy under 1% and house yields near 4.3%. Future drivers include consistent owner-occupier demand and low rental supply. Key risks: affordability constraints—prices near $823,000 for middle-income households—and rate sensitivity given high mortgage prevalence. Stock variance up 23.5% signals possible supply fluctuations.
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PropCred Estimated Value

Comparable Sales: 32 Rowland Street, Macgregor (3 bed, 2 bath, 450 m², sold price not disclosed) | Property Price Band: $700K–$800K | Value Drivers: newer build condition, dual living areas, double garage, land size

Bedrooms

3

Bathroom

1

Parking

2

Land

514m²

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