162 Maribyrnong Avenue, Kaleen ACT 2617
162 Maribyrnong Avenue, Kaleen ACT 2617
5 bed / 3 bath family scale | strong school proximity | established street | larger-than-typical Kaleen layout
This property holds a genuine competitive edge in Kaleen, where most detached houses cluster around three bedrooms and a single bathroom. The five-bedroom, three-bathroom configuration is uncommon for the suburb’s 1970s-era stock, suggesting either a substantial renovation, a thoughtful extension, or an original build that was always larger than its neighbours. That extra space directly serves growing families, multigenerational households, or buyers who need dedicated home-office or guest zones without sacrificing everyday living areas. Its position near Kaleen Primary School and University of Canberra High School Kaleen strengthens its appeal to owner-occupiers prioritising walkable schooling, while the established, tree-lined street adds a settled, family-oriented character that tends to hold demand well. This is a property best suited to buyers seeking immediate space in a convenient, suburban setting rather than those chasing a renovation project.
The value picture may hinge on how the interior finish compares to the suburb’s typical older presentation. If the kitchen, bathrooms, and flooring have been updated to a contemporary standard, the property could command a noticeable premium over nearby sales; if the layout is original or dated, buyers might factor in a reasonable refurbishment budget. The land size and block shape are not confirmed, so the usable outdoor space and any potential for future extension remain open questions that could influence how the price feels relative to the house’s footprint. Market conditions in Kaleen have shown resilience, but the final result may depend on how many comparable family-sized homes are available at the same time, and how well this property’s condition matches buyer expectations for a five-bedroom offering.
|| Comparable Sales: 88 Maribyrnong Avenue sold $905,000; 156 Maribyrnong Avenue benchmarked at 808m² block | Property Price Band: $1.0M–$1.1M | Value Drivers: five-bedroom layout, school proximity, condition and finish level
Detailed Independent Property Report prepared by PropCred Analyst team for 162 Maribyrnong Avenue, Kaleen ACT 2617
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Kaleen is a family-dominated Canberra suburb where 76% of households are families, drawing high-income and public-sector buyers. Demand is underpinned by tight supply: vacancy is 0.33% and listings sit 21.4% below the five-year average. Median house prices range from $1.035 million to $1.065 million depending on the measure, with annual growth between 2.81% and 7.57%; houses clear in 32 days, with 74 sales reported. The rental market is firm, with a 3.41% gross yield and median weekly rent of $700. Affordability and rate sensitivity are the main risks, though constrained supply offers tailwinds.
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PropCred Estimated Value
Comparable Sales: 88 Maribyrnong Avenue sold $905,000; 156 Maribyrnong Avenue benchmarked at 808m² block | Property Price Band: $1.0M–$1.1M | Value Drivers: five-bedroom layout, school proximity, condition and finish level
Bedrooms
5
Bathroom
3
Parking
3
Land
1091m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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