10 Glossop Cres, Campbell ACT 2612
10 Glossop Cres, Campbell ACT 2612
Complete rebuild in Campbell’s best pocket | 780sqm with 45% coverage | TT Architects design | 3 living zones plus study
This property’s primary buying case rests on its scarcity. A recent complete rebuild by TT Architects on a full 780sqm block in Campbell’s most desirable street is rare, and the 45% building coverage leaves genuine outdoor space, which most new builds in the area sacrifice. The 351sqm floorplan with three distinct living areas, a rumpus, and a study suits a professional couple or family who need separation between zones and value design over volume. The 6-star EER, double glazing, and ducted heating and cooling mean running costs are low, and the property’s elevation at 603m with no flood or bushfire overlay removes two common insurance and resale discounts. The master suite with in-slab heating and oversized walk-in robe is a clear differentiator in this price bracket.
The primary risk is price discovery. The unimproved value sits at $1.19 million, meaning the rebuild cost is effectively $1.36 million above land, which is high for Campbell and may cap capital growth until the next market cycle. The rental yield of 2.88% is below average for the area, so this property is best held as a primary residence rather than an investment. The 2025 roof height detection suggests the structure is recent and compliant, but buyers should verify council approvals and any encumbrances on Block 13 Section 23. The street itself has 61% owner-occupiers, which supports long-term value but also means limited rental comparables. For a buyer who intends to live here for at least seven years and values design and space over immediate resale arbitrage, this property holds its ground.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Glossop Cres, Campbell ACT 2612
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Campbell is a sought-after inner-north suburb, characterised by its proximity to the CBD and a demographic of young professionals and managers. Demand is driven by this cohort, including a significant portion of childless couples and renters, seeking urban connectivity. The market has experienced price sensitivity with recent declines, reflecting broader affordability constraints. Future interest is underpinned by its established location and quality amenities, though high entry prices and supply dynamics present ongoing considerations.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
780m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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