16 Bendora Cres, Palmerston ACT 2913
16 Bendora Cres, Palmerston ACT 2913
3-bed family house | 474 m² block | built 2000 | single-level layout | quiet street near schools
This property offers a practical, established family layout that remains consistently sought after in Palmerston. Its single-level design on a moderate block suits first-home buyers, downsizers, and small households seeking low-maintenance living without sacrificing indoor-outdoor flow. The 2000 build provides solid bones, while the double garage, fenced yard, and outdoor entertaining area cover everyday needs efficiently. Its position on a quiet crescent, within easy reach of local schools and Gungahlin services, reinforces steady demand from owner-occupiers rather than investors.
Value may be shaped by the property’s dated finishes and modest energy rating, which could require updating to match newer stock. The internal area is compact for its bedroom count, so prospective buyers should assess whether living spaces meet their needs. However, the regular block size and single-level format offer renovation potential, allowing future owners to lift presentation and efficiency. Market conditions in Palmerston appear stable, with family-oriented housing maintaining consistent interest, though price growth may depend on how quickly comparable properties transact.
|| Comparable Sales: 11 Bendora Cres (4-bed, $850k–$900k) and 4 Bendora Cres (4-bed, $820k–$870k) | Property Price Band: $800k–$900k | Value Drivers: single-level layout, block size, renovation potential, location convenience
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Bendora Cres, Palmerston ACT 2913
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Palmerston, a mature Gungahlin suburb, is seeing steady demand from higher-income professionals aged 30-39, drawn to four-bedroom houses that sell in a median nine days. House prices sit near $921,000 to $982,000, though annual growth has slipped 3.0%, while units average $641,000 and gross yields run 3.4%. Sales are thin at roughly 75-85 a year, with just 14 listings and five rentals last month, reflecting tight supply. Future upside hinges on road links to Gungahlin Drive and ACT-wide price momentum, but the soft price trajectory, weak population growth of under 1%, and rate sensitivity among leveraged buyers cap near-term gains.
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PropCred Estimated Value
Comparable Sales: 11 Bendora Cres (4-bed, $850k–$900k) and 4 Bendora Cres (4-bed, $820k–$870k) | Property Price Band: $800k–$900k | Value Drivers: single-level layout, block size, renovation potential, location convenience
Bedrooms
3
Bathroom
2
Parking
2
Land
474m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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