105/6 Cape Street, Dickson ACT 2602
105/6 Cape Street, Dickson ACT 2602
2-bed, 2-bath, 1-car apartment | late-2010s complex | strong shared amenities | light rail access | inner-north rental appeal
The apartment sits within the Malabar development, a newer and more amenity-rich option than much of Dickson’s older unit stock. Its two-bedroom, two-bathroom layout gives it broad appeal among professional couples, small households, downsizers and investors seeking inner-north convenience without relying on a car. Access to the pool, gym, theatre room, entertaining areas and basement parking adds lifestyle value, while the nearby light rail, retail precinct and city connections support both owner-occupier and tenant demand. The property’s competitive position comes from its practical configuration and established amenity package rather than scarcity.
Value will depend on the apartment’s exact floor level, aspect, outlook, internal area and balcony size, which are not confirmed in the available material. Units with stronger natural light, quieter positioning or views toward Mt Ainslie may command a premium, while owners’ corporation costs, building density and exposure to noise or overlooking could moderate appeal. The broader complex is associated with modern finishes including ducted climate control, double glazing, stone benchtops and Bosch appliances, but these inclusions should be verified for the subject apartment. Rental evidence is supportive, although ongoing strata costs will shape the effective return
Detailed Independent Property Report prepared by PropCred Analyst team for 105/6 Cape Street, Dickson ACT 2602
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Dickson’s market is split. Houses are mid-correction, with the median price at $1.02 million after a 7.33% annual decline and a further 1.78% fall last quarter. Units are steadier, holding at $590,000, down 1.34% annually but up 4.98% quarter-on-quarter. Demand centres on first-home buyers, activated by the federal 5% deposit scheme, which explains elevated unit activity: 98 unit sales against 39 house sales in the past year. Houses take 34 days to sell, pointing to measured turnover. Rental returns reinforce the divergence—units yield 5.39% versus houses at 3.39%, both with a $650 weekly median rent. The unit segment, with its higher yield and buyer pool, carries the suburb’s near-term momentum. The constraint is house price softness, which may persist if affordability pressures and interest-rate sensitivity remain.
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PropCred Estimated Value
Comparable Sales: 107/6 Cape Street sold for $568,000; 108/6 Cape Street sold for $600,000; 115/6 Cape Street was recorded at $580,000 with rent around $650 per week | Listed Price Band: high-$500ks to low-$600ks | Value Indicator: floor level, aspect, balcony size, internal condition and owners’ corporation costs
Bedrooms
2
Bathroom
2
Parking
1
Land
1.8 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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