11 Drummond Row, Yarralumla ACT 2600

End-of-cul-de-sac position near lake | renovated 4-bed with north-facing balcony | strong rental yield potential | priority school catchment The property’s primary buying case rests on its rare combination of a renovated four-bedroom layout with a north-facing balcony and a quiet cul-de-sac position within walking distance to Lake Burley Griffin and Yarralumla shops. For a family seeking a design-led home with immediate lifestyle access, the open-plan ground floor with butler’s pantry and separate media room offers genuine flexibility, while the upper-level master with ensuite and dressing room provides separation. The 619m² lot and 355m² building size are generous for the suburb, and the estimated rental return of $790 per week signals strong tenant demand, making this viable for an owner-occupier with future investment optionality. The key risk is the discrepancy between the current four-bedroom configuration and the historical three-bedroom data, which may complicate financing or future resale if buyers perceive the renovation as non-compliant. The lack of recent comparable sales on Drummond Row adds uncertainty to valuation, and the older building coverage data suggests the extension may be recent enough to warrant due diligence on approvals. For a buyer, the opportunity is to secure a renovated house in a tightly held street with low turnover and high owner-occupancy, which typically supports capital stability. Hold this property as a primary residence to maximise lifestyle and school catchment benefits, then reassess rental conversion after two years of ownership.