12/11 Tenison-Woods Circuit, Bonython ACT 2905
12/11 Tenison-Woods Circuit, Bonython ACT 2905
Top-floor position with views | 94m² internal, rare size for 2-bed | 75% owner-occupied building | Priority school catchment
This unit offers a genuinely uncommon combination in the Bonython market: a top-floor, 94-square-metre two-bedroom apartment in a predominantly owner-occupied building. The internal area is well above typical for a two-bedroom strata unit, which translates into more usable living space and stronger appeal to downsizers or professionals seeking a permanent home rather than an investment. The priority enrolment at Bonython Primary and Lake Tuggeranong College adds family buyer depth, while the 48% long-term residency rate signals a stable building with limited turnover pressure. For a buyer wanting a low-maintenance home with genuine space and a neighbourhood feel, this unit positions well against newer, smaller stock.
The primary risk is the auction timing and the area’s recent 0% clearance rate, which may mean the property needs to be bought below the estimated $541,000 to offer equity upside. The lack of recent sales in the building and the 1993 last sale history create pricing uncertainty. The parking inconsistency between sources should be verified before bidding. The opportunity lies in the top-floor scarcity and large internal area-features that hold value better in a slow market. If bought with a 5–7 year hold, this unit can serve as a solid owner-occupier base or a low-turnover rental with reliable tenant demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 12/11 Tenison-Woods Circuit, Bonython ACT 2905
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Bonython is a well-established family suburb in Tuggeranong, supported by stable public sector employment. Demand is driven by owner-occupying professionals and families, creating a tight market with low sales turnover. Recent price growth has been modest for houses, though unit performance is stronger, with solid rental yields underpinning investment appeal. Future stability is linked to Canberra’s employment base, yet affordability constraints and interest rate sensitivity present ongoing headwinds for capital growth.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
2467m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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