103/45 Eastlake Parade, Kingston ACT 2604

103/45 Eastlake Parade, Kingston ACT 2604
Mid-level unit | 166-unit complex | Kingston Foreshore locale | 2015 build | Strata ~$6k p.a. This one-bedroom unit presents a competitively priced entry into the tightly held Kingston Foreshore precinct, a location that typically commands a premium. Its 2015 construction offers modern finishes within a large, established complex, positioning it well for an owner-occupier seeking a low-maintenance residence or an investor targeting a fundamental inner-south location. The noted sense of privacy for a unit of this scale is a distinct operational advantage, differentiating it from more transient stock in the area. Proceed with a clear assessment of strata governance and capital expenditure history, as levies are material. The pricing reflects the unit’s compact size and the scale of its building, not its premium address. It serves as a strategic foothold; hold for long-term land value accretion in a transformative precinct, not short-term appreciation. Its configuration suits a single professional or as a leveraged investment, but the financial model must absorb the fixed strata cost.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Kingston is a well-connected inner-south suburb with access to quality schools and urban amenities. Demand is driven by young professionals and investors, particularly for its apartment market, which sees strong transaction activity. Recent price trends indicate a softening market with notable declines, presenting affordability challenges. Future growth is supported by steady population needs, though the market faces constraints from high entry prices and sensitivity to broader economic conditions.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1.22 acres

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