1416/3 Grazier Lane, Belconnen ACT 2617
1416/3 Grazier Lane, Belconnen ACT 2617
14th floor position | High Society development | Belconnen convenience | one-bedroom with parking
The 14th-floor position in High Society offers a genuine advantage over lower-level units in the same complex, providing outlook and natural light that typically command a premium in resale and rental demand. The inclusion of a secure parking space is increasingly rare for one-bedroom apartments in Belconnen and strengthens appeal for professional tenants or owner-occupiers who commute. This property suits first-home buyers seeking a foothold in a well-connected suburb or investors targeting the University of Canberra and government worker rental pool.
The main risk centres on body corporate levies, which can be higher in high-rise developments with lifts and common amenities—these must be verified before proceeding. The estimated value range of $325,000 to $435,000 is wide, suggesting variability in sale outcomes depending on floorplan efficiency and internal condition. The 58-day average days on market for one-bedroom units indicates that well-presented properties sell steadily but overpriced listings linger. A rental appraisal and inspection of common areas will clarify whether this unit offers above-average yield or carries deferred maintenance risk.
Detailed Independent Property Report prepared by PropCred Analyst team for 1416/3 Grazier Lane, Belconnen ACT 2617
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✕
2
Belconnen ACT 2617
Belconnen is a well-established commercial and residential hub offering relative affordability and excellent connectivity, attracting young professionals, first-home buyers, and investors. Demand is driven by high rental yields, steady employment in nearby government and retail sectors, and proximity to educational institutions, supported by a tight rental market. Recent price corrections reflect broader interest rate sensitivity, though low sales volume indicates constrained supply. Future stability hinges on sustained rental demand and population growth, with affordability and limited stock presenting ongoing constraints.
PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
1.74 acres
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst