117 Bandjalong Cres, Aranda ACT 2614

117 Bandjalong Cres, Aranda ACT 2614
Aranda views | 936mยฒ block | dual-level layout | strong owner-occupied street The propertyโ€™s competitive edge lies in its elevated dual-level layout on a full 936mยฒ block in a street where 90 percent of residents are owner-occupiers and turnover is low. For a buyer seeking a family home with spatial separation across two levels and a land holding that is uncommon in this price band, the configuration provides a rare combination of outlook and practical floor area. It serves best a buyer who values long-term suburb stability and a catchment position near Aranda Primary and Canberra High. The principal risk is the propertyโ€™s age and condition, which is not disclosed in the data-any deferred maintenance will erode the buyerโ€™s negotiation buffer against a market where median four-bedroom houses sit at $1.4 million. The unimproved value of $712,000 leaves meaningful land leverage, and the broadband position is adequate without being a differentiator. A buyer should hold this property for a minimum of seven years to absorb holding costs and capture the land value uplift typical of tightly held Aranda streets.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Aranda is an established, high-quality family suburb with strong demand driven by couples with children seeking its excellent public school catchment and proximity to Belconnen amenities. The market for houses is characterised by steady, moderate price growth and low turnover, reflecting its desirability and limited stock. Future demand is underpinned by its enduring appeal to families and downsizers, though high entry prices and sensitivity to interest rates present ongoing constraints to broader affordability and supply.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

3

Land

936mยฒ

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