16/10 Dominion Circuit, Forrest ACT 2603
16/10 Dominion Circuit, Forrest ACT 2603
Ground-floor garden apartment | 2 bed 2 bath 2 car | Owner-occupier scale | Direct courtyard access | Premium inner-south location
A ground-floor position with private courtyard access is rare in the inner-south. The property is configured as a two-bedroom, two-bathroom apartment with secure side-by-side garaging and generous storage, a combination better suited to owner-occupation than to short-term letting. Bentley Suites is a respected 2004 development with manicured gardens and a resident pool. For downsizers wanting proximity to Manuka, Kingston, and the Parliamentary Triangle without a house, this is an ideal fit. Practicality is added by the study nook, reverse-cycle air conditioning, and direct garden access, and two-car garaging is a differentiator.
Body corporate fees for a pool complex may be higher than typical, a cost to weigh against amenity. Kitchen or bathroom refreshes might be prompted by the 2004 build. A modest privacy trade-off might accompany ground-floor garden access, though this is managed in mature complexes. Resale patience might be required, but owner-occupier demand may be maintained.
>>Comparable Sales: 7/10 Dominion Circuit, Forrest sold around $605,000; 13/10 Dominion Circuit, Forrest recorded at $750,000 | Property Price Band: $650K-$750K | Value Drivers: courtyard access, double garaging, complex amenity
Detailed Independent Property Report prepared by PropCred Analyst team for 16/10 Dominion Circuit, Forrest ACT 2603
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✕
2
Market Insight
Forrest, in Canberra’s inner south, anchors its prestige market near Parliament House and the diplomatic zone. Demand comes from affluent government executives and established professionals; the 48-year median age and Forrest Primary catchment reinforce family buyers. House prices have corrected sharply-median $3.7–3.9 million, annual growth -9.7% to -14.4%, and only 15–18 sales. Units sit at $743,000 with a 4.11% yield against houses’ 1.92%. Recent sales to $6.15 million show top-end depth. Government employment underpins future demand, but high entry pricing and rate sensitivity cap growth.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
1.15 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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