108/55 The Causeway, Kingston ACT 2604
108/55 The Causeway, Kingston ACT 2604
Two-level townhouse-style unit | 117 m² in Peninsula | Wetlands outlook | 2-car parking | Premium inner-south apartment
This property stands out in Kingston’s apartment market because it combines a rare townhouse-like layout with a substantial 117 m² internal footprint and two secure car spaces. The split-level design, high ceilings, and timber floors give it a sense of scale that most units in the area lack, while the peaceful outlook over the Jerrabomberra Wetlands adds a layer of privacy and greenery that is hard to replicate. Built in 2017, it offers modern finishes like stone benchtops, double glazing, and quality appliances, making it a low-maintenance option that does not feel compromised. It serves downsizers and professionals who want apartment convenience without sacrificing space or parking, and its position near the foreshore and Telopea Park School broadens its appeal to families seeking a strong school catchment.
The property’s value may be influenced by its position within the building—its outlook and level likely carry a premium, but units with less desirable aspects in the same development could trade differently. The two-level configuration may not suit all buyers, particularly those seeking single-level living, which could narrow the buyer pool slightly. The 2017 build age means the property is still relatively new, but strata fees and building management costs may rise over time, affecting holding costs. The absence of a private outdoor space beyond a balcony and courtyard might limit appeal for those wanting more external area, though the wetlands view compensates for this in most cases. Buyers should weigh the premium for the outlook against the practicality of the layout when forming a price view.
|| Comparable Sales: 406/55 The Causeway sold May 2025 for $1,751,000; 201/55 The Causeway sold Feb 2022 for $1,100,000 | Property Price Band: $1.0M–$1.1M | Value Drivers: wetlands outlook, two-level layout, 2-car parking
Detailed Independent Property Report prepared by PropCred Analyst team for 108/55 The Causeway, Kingston ACT 2604
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Kingston, an inner-south Canberra precinct, combines urban density with mature infrastructure. Young professionals aged 20–39 drive demand, targeting apartments: unit sales reached 268 in the past year versus 23 house sales, with gross unit yields near 5% and a $670,000 median, down 2.2%. Houses are pricier and slower—Property.com.au records a $1.937 million median and a 3.1% annual fall; Your Investment Property Mag reports $645,000 and -25.73%, reflecting thin turnover and volatile data. Houses average 70 days on market and yield 3.81%. Strong ACT school catchments, bus links and arterial roads support unit demand. Affordability improves gradually; house medians are projected at $1.18 million by end-2026. Rate sensitivity and high entry prices remain constraints.
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PropCred Estimated Value
Comparable Sales: 406/55 The Causeway sold May 2025 for $1,751,000; 201/55 The Causeway sold Feb 2022 for $1,100,000 | Property Price Band: $1.0M–$1.1M | Value Drivers: wetlands outlook, two-level layout, 2-car parking
Bedrooms
2
Bathroom
2
Parking
2
Land
2714m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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