17/60 Port Jackson Circuit, Phillip ACT 2606
17/60 Port Jackson Circuit, Phillip ACT 2606
Top-floor corner unit | 76mยฒ light-filled layout | walk to Woden Town Centre | single carport only
This propertyโs competitive edge lies in its top-floor position on a large 2685mยฒ block, offering privacy and natural light rarely matched in this price bracket. The open-plan living with remote blinds and a private balcony gives the feel of a larger apartment, while the generous bedroom sizes and full bathroom with separate bath and shower make it genuinely livable for a couple or small family. For first-home buyers or downsizers seeking low-maintenance living within walking distance of the hospital, CIT, and government offices, this unit offers a rare combination of space and convenience at a price point well below the suburbโs median two-bedroom unit value.
The lack of on-site parking beyond a single carport and the dated energy efficiency rating are material risks that limit appeal to car-dependent households and may increase ongoing utility costs. The 1996 purchase price of $130,000 and 2018 sale of $342,500 show steady but unspectacular capital growth, and the current estimated value range of $438,000 to $445,000 reflects a market that has not fully caught up to Phillipโs broader growth. However, the low entry point relative to the suburb median and the strong rental yield potential around 5.4% make this a viable hold for an investor or a sensible long-term home for an owner-occupier who can accept the parking constraint. Buy this property for its liveable layout and location advantage, not for short-term capital gains.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
This suburb presents a nuanced opportunity, with its market currently in a corrective phase following a period of significant price adjustment. Recent trends indicate a softening in values, particularly for houses, while the unit market has demonstrated greater resilience. Demand appears anchored by investors, attracted by rental yields that remain comparatively robust, suggesting a steady income proposition despite the broader price recalibration. Future performance will hinge on the suburb’s ability to stabilise, with key constraints including a limited sales volume that can amplify market volatility and a lack of clear, proximate demand catalysts from major infrastructure or demographic shifts.