15A Burara Cres, Waramanga ACT 2611
15A Burara Cres, Waramanga ACT 2611
This is a three-bedroom, two-bathroom dual occupancy unit with two parking spaces, set on an 835-square-metre lot with 130 square metres of internal living space. The property is classified as a villa or duplex and occupies a notably larger land parcel than typical units in the street, giving it a rare land-to-building ratio for this property type in Waramanga.
What is competitively strong about this property is the land size. At 835 square metres, the lot is substantially larger than what is usually attached to a dual occupancy unit, meaning the property offers a level of outdoor space and privacy that is uncommon for this configuration. This positions it well for buyers who want a low-maintenance home but value a generous block-typically families or downsizers looking for established gardens and room to move. The internal area of 130 square metres is functional and moderate, but the land is the clear standout feature. In Waramanga, where the housing stock is a mix of standalone homes and dual occupancies, this property provides a middle ground: more space than a standard unit, without the full upkeep of a detached house. It serves best a buyer who prioritises land over internal square footage and wants a foothold in an established, garden-rich neighbourhood.
Several factors may materially affect the value of this property. The lack of detailed information on finishes, building age, and aspect means a buyer should verify these in person, as they can shift desirability and price. An older build without modern upgrades may require a budget for renovations, while a well-maintained or recently updated interior could justify a premium. The inconsistent parking count across listings suggests a need to confirm the actual car accommodation, as parking can influence appeal for families or tenants. The property’s dual occupancy classification may also affect financing or redevelopment potential, so a buyer should check the title and any strata or body corporate arrangements. These factors do not necessarily detract from value, but they are points a buyer should weigh carefully before forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 15A Burara Cres, Waramanga ACT 2611
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Waramanga is a stable, family-oriented suburb with a market dominated by established houses. Demand is driven by buyers seeking larger homes, evidenced by consistent sales activity and a focus on three-to-five bedroom properties. Recent price trends show moderate long-term growth despite some short-term softening, with houses taking a typical time to sell. Future growth is underpinned by sustained buyer interest, though limited available stock and broader market sensitivity present constraints on supply and affordability.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
835m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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