146 Strickland Cres, Deakin ACT 2600
146 Strickland Cres, Deakin ACT 2600
Duplex on 618m² | 146m² internal | EER 1 | Deakin medical precinct | $1.575M ask
This townhouse-style duplex holds a rare position in Deakin: a manageable footprint on a substantial block, within walking distance of the medical precinct and strong school catchments. The 618m² land component is the standout—unusual for a duplex and offering future flexibility that most comparable units lack. The 3-bed, 2-bath layout suits downsizers seeking single-level convenience, or professionals wanting inner-south proximity without the maintenance of a larger detached house. Its yield profile, while modest, reflects solid rental demand in a suburb where land scarcity underpins long-term value.
The EER of 1 is a material constraint, likely to require energy upgrades that may affect holding costs and appeal to efficiency-focused buyers. The FTTN connection, rather than full fibre, is a functional limitation. The price point sits above typical duplex values, justified largely by the block size and location, but the older building age and dated finishes may narrow the buyer pool. Land tax implications if rented are significant, which may influence investment calculations. The property’s value rests heavily on its land content and position, not its current structure.
|| Comparable Sales: 99 Strickland Cres sold $2.8M (746m², 4-bed) | 109 Strickland Cres est. $2.3M (812m², 5-bed) | Property Price Band: $1.5M–$1.6M | Value Drivers: Land size, medical precinct proximity, duplex configuration on prime block
Detailed Independent Property Report prepared by PropCred Analyst team for 146 Strickland Cres, Deakin ACT 2600
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Deakin sits in Canberra’s inner south, positioned as a high-value, tightly held suburb with median house prices at $1.9–2.0 million and units at $1.16–1.25 million. High-income buyers are driving demand, focusing on $2 million-plus upgrades, supported by scarce stock and strong competition. House values rose 7.5% annually in the past year, with one measure showing 18% compound growth; unit growth reached 38.9% in a single year, though gross yields remain constrained at 2.7% for houses and 3.9–5.2% for units. Sales turnover is low at 35–43 houses per year, reinforcing supply tightness. Future growth is supported by national housing schemes pushing prices up 3.5–6.6% and rents rising 3–4% due to supply lag. Key risks are affordability, with six-figure incomes required for rentals, and rate sensitivity—early 2025 Canberra house yields were negative at -10.5%.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 99 Strickland Cres sold $2.8M (746m², 4-bed) | 109 Strickland Cres est. $2.3M (812m², 5-bed) | Property Price Band: $1.5M–$1.6M | Value Drivers: Land size, medical precinct proximity, duplex configuration on prime block
Bedrooms
3
Bathroom
2
Parking
2
Land
618m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!