1 Herdson Place, Macgregor ACT 2615
1 Herdson Place, Macgregor ACT 2615
Established family suburb | Single-level detached stock | Mid-range EER | Quiet residential street | Strong owner-occupier demand
This property likely fits the dominant MacGregor pattern: a single-level detached house on a standard suburban block, offering private yard space, off-street parking, and practical family living. The suburb’s character is firmly low-density and established, which appeals most to owner-occupiers seeking a settled neighbourhood with room to grow into. The configuration is straightforward and functional, with no premium frills but no obvious compromises either. For a buyer wanting a solid, liveable family home in a well-connected Belconnen suburb, this represents a dependable choice.
The value picture may hinge on the condition and presentation of the interior, as comparable stock in the area shows modest upgrades rather than high-end finishes. The EER range suggests typical Canberra thermal performance, so heating and cooling efficiency could influence running costs. Land size and the potential for future extensions or dual-occupancy use may add flexibility, but only if the block shape and zoning permit it. Buyers should weigh whether the current layout meets their needs without substantial renovation, as the price band likely reflects standard suburban quality rather than standout features.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Herdson Place, Macgregor ACT 2615
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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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 (3 bed, 2 bath, 450m²) sold at $745,000; similar single-level stock in the suburb trading around $700,000–$780,000 | Property Price Band: $700,000–$800,000 | Value Drivers: condition and finish level, land size, single-level layout appeal
Bedrooms
3
Bathroom
1
Parking
2
Land
514m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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