110/20 Federal Highway, Watson ACT 2602

2-bed unit | Watson 2602 | 94sqm | strong rental yield potential | good school catchments This unit offers a rare combination of size and yield in a market where median prices sit higher at $475,000. The 94sqm floorplan is generous for a two-bedroom apartment, and the building’s 70% owner-occupier ratio suggests stable management and lower turnover risk. With rental returns in the building reaching 6.1% and strong school catchment proximity—Majura Primary just over a kilometre away—this property suits an investor or a first-home buyer looking for long-term hold potential. The 6-star energy rating adds to its appeal for cost-conscious occupants. The main risk is the property being under offer, meaning any buyer must act decisively if competition falters. The building’s 141 units are numerous, so future supply could pressure capital growth, though recent sales show consistent pricing around $415,000 to $420,000. Watson’s demographic skew toward renters and short tenure residents suggests some tenant churn, but the area’s 43 sales this year indicate active demand. For a buyer seeking immediate rental income or a well-positioned home near schools, this unit presents a practical opportunity with limited downside.