11/33 Eastlake Parade, Kingston ACT 2604
11/33 Eastlake Parade, Kingston ACT 2604
Balcony noise from waterfront foot traffic | No built-in robes in second bedroom | Lower level may limit outlook | Basement parking in flood-zone precinct
This unit serves buyers seeking lifestyle over capital gains: the 5.0 EER and double glazing reduce energy costs, but the second bedroom without wardrobes undercuts rental flexibility. The wrap-around glazing, ironbark flooring, and included whitegoods raise liveability, but a buyer should discount 5-10% for the storage shortfall and public access noise. Hold for steady rent or live in it-don’t bet on short-term appreciation.
What makes it rare is the 70 sqm living area plus 17.6 sqm balcony with water views in a premium hub-rare for two-bedrooms in Kingston. The two car spaces and storage add operational leverage for owner-occupiers or couples. This property suits a buyer who prioritises lifestyle convenience over a pure investment play; its value lies in cost avoidance and daily utility. Book a private inspection to test noise and light levels before offering.
Independent, Unbiased Research Report for this property by PropCred Analyst team
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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
2
Bathroom
2
Parking
2
Land
1.31 acres
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