1 Tyrrell Circuit, Kaleen ACT 2617
1 Tyrrell Circuit, Kaleen ACT 2617
4 bed / 2 bath / 3 car | Loop street in established Kaleen | School catchment priority | Strong family-house demand | Larger-block potential
This house presents a configuration that sits above the typical older stock in Kaleen, where 3-bedroom homes with single parking are common. The four-bedroom layout with three dedicated parking spaces gives it a practical edge for families who need room to grow and space for vehicles, trailers, or a workshop. Its position on a quiet loop street within the priority enrolment area for Kaleen Primary School and University of Canberra High School Kaleen makes it particularly well-suited to owner-occupiers with school-aged children. The property also benefits from the suburb’s broader appeal — mature trees, substantial lots, and proximity to Belconnen’s employment and services — which keeps demand steady from upgraders and those seeking more space without leaving the established inner-north belt.
The value picture for this house will likely hinge on its condition relative to the 1970s-era stock around it. If the kitchen, bathrooms, and flooring have been updated, the property may command a premium over original-condition homes on similar blocks. The land size, while not confirmed in available records, is likely to fall within the 700 m² to 1,000 m² range typical of the street, which supports future extension or landscaping potential. Buyers should weigh whether the three-car parking is genuinely usable — garages versus carports, access width, and turning space all matter. The absence of a confirmed energy rating or build-year record may prompt a building inspection to clarify insulation, window quality, and overall structural condition, as these factors can influence ongoing running costs and renovation budgeting.
|| Comparable Sales: 75 Tyrrell Circuit sold at $1.03M in Oct 2024; 9 Tyrrell Circuit sold at $1.125M in 2021 | Property Price Band: $1.0M–$1.1M | Value Drivers: condition of interiors, land size and usability, parking configuration and layout flexibility
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Tyrrell Circuit, Kaleen ACT 2617
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✓
Execution Risk
!
1
Market Insight
Kaleen is a family-dominated Canberra suburb where 76% of households are families, drawing high-income and public-sector buyers. Demand is underpinned by tight supply: vacancy is 0.33% and listings sit 21.4% below the five-year average. Median house prices range from $1.035 million to $1.065 million depending on the measure, with annual growth between 2.81% and 7.57%; houses clear in 32 days, with 74 sales reported. The rental market is firm, with a 3.41% gross yield and median weekly rent of $700. Affordability and rate sensitivity are the main risks, though constrained supply offers tailwinds.
PropCred Estimated Value
Comparable Sales: 75 Tyrrell Circuit sold at $1.03M in Oct 2024; 9 Tyrrell Circuit sold at $1.125M in 2021 | Property Price Band: $1.0M–$1.1M | Value Drivers: condition of interiors, land size and usability, parking configuration and layout flexibility
Bedrooms
4
Bathroom
2
Parking
3
Land
907m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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