10 Broadbent Street, Scullin ACT 2614
10 Broadbent Street, Scullin ACT 2614
Broadbent St, Scullin | 4-bedroom 1969 build | 750m² block | priority school zone | auction clearance 0%
The property’s strongest buying case is its combination of a 750m² block and a 1969 build in a priority enrolment zone for three sought after schools. At 21% building coverage, the house leaves substantial land that could be redeveloped or extended, giving a buyer positional optionality rare in the immediate area. The solar panels and air conditioning reduce holding costs, but the true edge is the lot size and low density zoning, which suits a buyer looking for a long term hold with future subdivision or renovation potential. This house best serves a family or investor who values school catchment certainty and a land heavy position over a turnkey interior.
The 0% auction clearance rate in Scullin signals a soft market, meaning the property may take longer to sell or achieve a price below the vendor’s expectation. The 1969 construction date means the building envelope and services likely need updating, and the NBN Fibre to the Node is a secondary consideration. The opportunity lies in negotiating from a position of weak demand, particularly if the auction passes in and a private treaty becomes available. A buyer prepared to renovate or hold through a slower cycle could secure a land rich property at a discount to its longer term value.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Broadbent Street, Scullin ACT 2614
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Scullin presents a market in transition, with recent price trends reflecting a period of softening. Current demand appears anchored by owner-occupiers, with a notable portion of households carrying mortgages, suggesting established residential appeal. The market is characterised by very low vacancy rates, indicating solid underlying rental demand, particularly for units which offer higher yields. Future growth will likely depend on broader economic factors, with the key near-term constraint being the recent negative capital growth trajectory and relatively low sales volume, pointing to a cautious and limited market.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
1
Land
749m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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