15/224 Flemington Road, Harrison ACT 2914

15/224 Flemington Road, Harrison ACT 2914
3-bed 2-bath townhouse | built 2016 | light rail close | pool & BBQ complex | strata-managed The townhouse is positioned in a contemporary three-level layout, with stone kitchen, ducted climate control, and double glazing within a poolside complex. Harrison’s modern medium-density corridor places it a short walk from light rail and Gungahlin services. The configuration is suited to low-maintenance owner-occupiers, first-home buyers, and investors. School proximity and strong connectivity are noted as rental drivers. The shared land model is compact, while complex amenities lift it above typical unit stock. This is regarded as a dependable choice for location-focused buyers. Value may be influenced by strata fees and shared-control constraints, which are typical for this property style. Aspect for the specific unit is not confirmed, so sunlight quality might vary. The absence of individual land reduces private outdoor appeal, though the pool and common spaces compensate. Ducted reverse-cycle air and stone finishes are likely to hold condition value. Rental demand appears strong, supporting investment logic, but future price growth may depend on light rail consistency and building maintenance standards.
Detailed Independent Property Report prepared  by PropCred Analyst team for 15/224 Flemington Road, Harrison ACT 2914
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk 2
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Market Insight

The suburb’s house median sits at $995,000–$1,042,500, with unit median at $510,000. Annual house growth ranges from -4.33% to 2.21%, while units fell 4.85%. Sales volume for houses is 86–92, with median days on market of 41. The price gap between houses and units indicates demand is concentrated in the detached segment. The negative unit growth and mixed house growth are the key constraints, pointing to rate sensitivity and a lack of consistent momentum. Future growth will depend on whether house demand sustains given the mixed recent trend. The sales and turnover data do not suggest an over-supplied or distressed market.
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PropCred Estimated Value

Comparable Sales: 2/224 Flemington Road at $697,000; 75/224 at $681,000 | Listed Price Band: $650K–$750K | Value Indicator: unit condition, internal layout, orientation

Bedrooms

3

Bathroom

2

Parking

1

Land

1.19 ha

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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