1604/2 Furzer Street, Phillip ACT 2606

1-bed in Phillip | 6-star EER | 59-76 sqm | no flood or bushfire overlay The unit’s 6/10 energy rating imposes modest ongoing utility costs relative to a 7+ rating, which translates to roughly $200-$400 annually in additional heating and cooling bills, but it also avoids the premium pricing of higher-rated units while still meeting efficient standards. The 1.02-hectare land within the complex offers no private outdoor space but provides shared amenities that reduce maintenance obligations, making this a low-effort hold for an investor or owner-occupier who values convenience over land appreciation. Buy or hold only if you accept that capital growth will track the unit median rather than detached homes, as the 1-bed configuration limits buyer pool depth. The 1-bedroom, 1-bathroom layout with a single garage is competitively rare in Phillip for a unit under $400,000, as most comparables at this price point sacrifice parking or have exposed NBN infrastructure rather than the standard FTTP connection present here. This property suits a first-home buyer or an investor seeking high cashflow potential from a rental yield that historically outpaces 2-bedroom units in the area due to lower entry costs. With 104 one-bedroom units sold locally this year at a median of $412,500, the listing price positions you below that median-capture a modest entry discount while the market remains liquid, then confirm your offer with a finance pre-approval to lock in the rate before the next Domain update.