146/395 Antill Street, Watson ACT 2602
146/395 Antill Street, Watson ACT 2602
Large three-bedroom apartment | full-day northern sun | Mt Majura outlook | family-sized in bushland setting
This property occupies a genuinely uncommon position in Watson’s apartment market. The combination of over 100sqm of internal space, a northern aspect that captures winter sun, and direct adjacency to Mt Majura Nature Reserve creates a living environment rarely found in a complex of this kind. For buyers seeking a family-sized unit that functions more like a townhouse in feel, the layout and balcony orientation are the primary structural advantages. The property sits within a peaceful, well-landscaped complex with mature trees and open space, which supports both owner-occupier appeal and tenant demand from downsizers or professional households. Its proximity to Watson Shops, Majura Primary, and a 15-minute commute to the city reinforces its suitability for those prioritising lifestyle convenience without sacrificing space.
The bushfire overlay is the principal risk and it carries real cost implications. Insurance premiums may be higher, and vegetation management or compliance requirements could affect strata levies or future maintenance obligations. That said, the absence of flood or heritage overlays simplifies planning risk, and the estimated rental return of $710 per week indicates strong income potential for an investor. The current asking range sits notably below the estimated value, which suggests either a motivated vendor or a pricing strategy designed to attract multiple offers. A buyer should treat this as a hold-and-enjoy property: the combination of size, aspect, and location is difficult to replicate, and the bushfire overlay is manageable with proper due diligence on insurance and building certification.
Detailed Independent Property Report prepared by PropCred Analyst team for 146/395 Antill Street, Watson ACT 2602
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Watson presents a compelling, dual-speed market where houses demonstrate robust capital growth, significantly outpacing the more moderate unit performance. This divergence suggests strong demand for family-oriented homes, likely driven by owner-occupiers seeking established neighbourhoods with solid infrastructure links. The market for houses is active, with properties transacting at a measured pace, while the higher rental yields for units indicate their relative affordability and appeal to investors. Future growth for houses appears well-supported by current momentum, though the softer unit market trajectory warrants attention as a potential constraint on broader suburb performance.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
6.61 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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