16 Bendora Cres, Palmerston ACT 2913
16 Bendora Cres, Palmerston ACT 2913
3 bed single-level family house | 474m² block | double garage | built 2000 | Palmerston school catchment
This property holds a clear competitive edge for family buyers seeking a practical, single-level layout in an established Gungahlin suburb. Its configuration—three bedrooms, two bathrooms, and a double garage with internal access—delivers the most requested package for owner-occupiers, particularly those with young children or downsizers prioritising accessibility. The 474m² block is modest but fully fenced, offering manageable outdoor space without excessive upkeep. Positioned within the priority enrolment areas for Palmerston District Primary School and Gungahlin College, the house serves households where school proximity drives decision-making. Its 2000 build year places it among the suburb’s settled housing stock, where streetscapes are mature and neighbours are long-term residents. The combination of single-level living, secure parking, and an outdoor entertainment area makes this a straightforward, low-friction purchase for buyers who value function over flair. It competes well against newer but often smaller townhouse alternatives, offering more genuine house appeal at a comparable price point.
The property’s value may be shaped by its internal area discrepancy—reported between 133m² and 142m²—which could influence how buyers compare it against similar houses. Its energy efficiency rating of 3.5 out of 10 might prompt cost-conscious purchasers to factor in cooling or insulation upgrades, particularly during Canberra winters. The evaporative cooling system and dishwasher are functional but dated, so a buyer may budget for modernisation over time. The absence of flood, bushfire, or heritage overlays reduces regulatory risk, while nbn FTTP and 5G coverage support contemporary living needs. Given its 2010 purchase price of $472,000 and the suburb’s steady family demand, the house may appeal most to those who see cosmetic refresh potential rather than requiring turn-key condition. The rental estimate of $685–$695 per week suggests solid investor interest, though owner-occupiers likely form the strongest buyer pool.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Bendora Cres, Palmerston ACT 2913
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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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, 176m², sold $810k) and 4 Bendora Cres (4 bed, 158m², sold $875k) | Property Price Band: $880K–$980K | Value Drivers: single-level layout, double garage with internal access, school catchment position
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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