13/1 Gordon Street, City ACT 2601

13/1 Gordon Street, City ACT 2601
One bedroom on Gordon Street | strata five hundred dollars a week hidden | no flood or fire risk | EER six is decent but not premium The quarterly holding costs of over two thousand nine hundred dollars will reduce your net yield below three and a half percent unless rent rises to six hundred per week, so buyers should stress-test their cashflow with a vacancy buffer. The sixty-two square metre floorplan inside a flat on a large land holding offers rare land value in the city fringe, making this more a long-term hold than a short-term flip, and your judgment should be to buy only if you can hold for seven years minimum. The ninety-four square metre total building size includes garage and balcony giving you usable space that most one-bedroom units in this part of town lack, and the six star energy rating cuts power bills by roughly fifteen percent compared to older stock. This property suits a first home buyer wanting to enter the suburb with lower capital outlay or an investor who values land content over modern finishes. Review the strata minutes for upcoming levy increases then book a building inspection before making your offer.

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

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Market Insight:

Canberra’s central suburbs present a tightly held, owner-occupier market underpinned by stable public sector and professional demand. Competition is strengthening, particularly from first-home buyers, within a supply-constrained environment where listings remain low. Recent price growth has been measured, with houses outperforming units, supported by resilient rental conditions and a critically low vacancy rate. Future growth is anchored to this persistent demand-supply imbalance, though affordability pressures and inconsistent development pipelines present ongoing constraints to entry and expansion.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1.71 acres

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