16 Elizabeth Cres, Macquarie ACT 2614
16 Elizabeth Cres, Macquarie ACT 2614
North-facing 822m² block | architect-upgraded two-level family house | four-car garage with glass doors | heated pool and outdoor kitchen | premium Macquarie family offering
This is a genuinely rare configuration for Macquarie. The combination of a large north-facing parcel, a substantial two-level floor plan with over 280m² of living space, and a four-car garage puts it well above the suburb’s typical stock, which leans heavily toward older units and modest single-level homes. The finishes are not cosmetic — commercial-grade double glazing, in-floor heating, a sky-lit kitchen with Miele appliances, and motorised blinds suggest a renovation done to a high standard rather than a quick update. The layout serves family life exceptionally well, with multiple ensuites, walk-in robes, and a dedicated alfresco kitchen that extends living outdoors. This property will most strongly appeal to established families or executive households seeking a move-in-ready home near schools and Belconnen access, without the wait or risk of building new.
The price outcome may be shaped by how buyers weigh the property’s premium positioning against its older suburb context. The house is materially larger and more amenity-rich than most surrounding dwellings, which could support a strong price, but the lack of verified nearby comparable sales for similar renovated family homes means the market may take time to establish a clear benchmark. The four-car garage and pool add practical value for the right buyer, yet they also narrow the pool to households that genuinely need that space. The north-facing orientation and high-spec glazing are durable advantages that should hold value well, while the two-level configuration may be less appealing to downsizers or those seeking single-level living. Buyers should also consider the property’s position within the established suburb fabric — the premium finishes stand out, but the surrounding streetscape may not match the home’s internal quality.
|| Comparable Sales: No direct verified sales for similar renovated family homes in the immediate street were available; nearby stock is dominated by older units and smaller houses | Property Price Band: $1.6M–$1.7M | Value Drivers: land size and north aspect, renovation quality and finishes, four-car garage and pool configuration
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Elizabeth Cres, Macquarie ACT 2614
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Macquarie ACT 2614 is a compact, professional-focused suburb of 3,104 residents, with a dominant 20-29 age cohort and a high-skilled workforce driving owner-occupier and investment demand. The rental market is tight, with vacancy at 1.16% and stock down 40% for houses and 25% for units year-on-year, underpinning a resilient investment case. House prices have risen 5.21-5.51% annually to a $899,000-$1,010,250 range, with 38 sales in the past year including sub-$720,000 transactions, indicating active middle-market activity; units sit at $399,500-$412,500 with 3.38% growth. Gross yields remain low at 1.23%, a constraint for yield-focused buyers, but tight supply, population growth of 14.96% from 2016-2021, and proximity to Jamison Centre support future demand. The key risk is affordability: median house prices above $1 million may test younger professionals, while low stock levels could intensify competition despite rate sensitivity.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: No direct verified sales for similar renovated family homes in the immediate street were available; nearby stock is dominated by older units and smaller houses | Property Price Band: $1.6M–$1.7M | Value Drivers: land size and north aspect, renovation quality and finishes, four-car garage and pool configuration
Bedrooms
4
Bathroom
3
Parking
4
Land
822m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!