15 Crackajack Way Moncrieff ACT 2914
15 Crackajack Way Moncrieff ACT 2914
Ex-display home | premium finishes | 500m² lot | near reserves | Gungahlin precinct access
This property presents a competitively strong proposition due to its status as a former display home, which typically ensures high-quality construction and premium interior finishes. The expansive living area flowing to outdoor space, combined with exceptional storage and a 500m² lot, offers a low-maintenance, contemporary lifestyle. It serves families or professionals seeking a turnkey residence in a peaceful yet well-connected suburb, with priority access to schools and immediate proximity to parks.
The primary decision involves assessing value against its last sale price of $1,178,000 just two years prior, in a market where comparable four-bedroom houses have a median of $1.11m. The premium for its condition must be justified, as future capital growth may be tempered by this recent price history. Proceed only if the auction aligns with the higher end of its estimated range, targeting long-term hold. Our detailed report provides the necessary real market valuation and locality risk assessment to anchor your bid.
Recent comparable sales data is limited, but the property itself sold for $1,178,000 in May 2024. This establishes a direct benchmark, indicating the vendor’s likely price expectation will be at or above this level, requiring any offer to account for market movement since that date.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Crackajack Way Moncrieff ACT 2914
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Moncrieff is a young, high-growth suburb anchored by a professional demographic, driving strong demand for family housing. Recent capital growth reflects this sustained buyer interest, supported by significant population expansion. The market’s trajectory is underpinned by this demographic influx, though its relative newness presents a typical supply constraint as it matures.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
499m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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