10 Pajong Street, Ngunnawal ACT 2913
10 Pajong Street, Ngunnawal ACT 2913
Compact modern build | 3-bed family layout | small 248sqm block | owner-occupied suburb | strong school proximity
This is a contemporary detached house that suits first-home buyers or young families wanting a low-maintenance footprint in a stable, largely owner-occupied suburb. The 2015 build with internal-access garage and three built-in wardrobes offers practical, move-in-ready living. Its 106sqm interior is efficient rather than spacious, but the layout supports everyday family use without wasted space. The property sits within a well-served school catchment and a demographic skew toward under-40s, which keeps demand steady from similar buyer profiles. Its compact land component is typical of newer infill stock, so the appeal rests on condition, convenience, and modern finish rather than outdoor potential.
The small block size may limit appeal for buyers seeking generous yard space or future extension options, and the single bathroom could constrain larger households. Rental demand appears reasonable given local yield patterns, but the property’s value hinges on how its presentation and internal condition compare to other modern houses in the immediate area. Buyers should weigh the efficiency of the layout against the modest land component and consider whether the lack of a second bathroom affects long-term resale flexibility.
|| Comparable Sales: 11 Gubbity Street, Ngunnawal – 3 bed, 2 bath, 292sqm land, sold around $804k | Property Price Band: $700k–$800k | Value Drivers: build year, internal condition, block size, school proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Pajong Street, Ngunnawal ACT 2913
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
This suburb has a mid-tier housing profile, with house medians ranging from $770,000 to $830,250 depending on the source and units at $650,000. Annual house growth varies widely, from 1.25% to 5.1%, while unit growth sits at 1.56%. Demand is driven by a high share of couples with children, a significant proportion of purchasers, and a professional and clerical workforce. Market activity is steady: houses sell in 35 to 41 days and units in 36, with 153 house sales over the past year. Rental returns are solid at 4.32-4.4% for houses and 4.86% for units, with median weekly rents of $642 and $600. These fundamentals point to stable, income-backed demand, though price growth remains modest and data-dependent.
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PropCred Estimated Value
Comparable Sales: 11 Gubbity Street, Ngunnawal – 3 bed, 2 bath, 292sqm land, sold around $804k | Property Price Band: $700k–$800k | Value Drivers: build year, internal condition, block size, school proximity
Bedrooms
3
Bathroom
1
Parking
1
Land
248m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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