18/16 Ray Ellis Cres, Forde ACT 2914

Freestanding townhouse | rare 1.75-acre lot | no common walls | strong family suburb The property’s strongest buying signal is its freestanding configuration on a 1.75-acre lot within a quiet complex-this is uncommon for a townhouse and effectively delivers standalone-home privacy without the detached price. The 270m² total size, with a double garage and separate downstairs living, positions it well for families who need space but prefer lower-maintenance grounds. Priority enrolment for Harrison School and Gungahlin College adds practical long-term appeal for buyers with school-age children, and the street’s high owner-occupier ratio (80%) suggests stable neighbourhood character. The main risk is the lot’s size-1.75 acres in a complex may limit future subdivision or development upside, and the estimated value around $873k sits below the asking range, meaning the buyer may need to negotiate or accept a premium for the rare freestanding format. Rental yield is modest at roughly 3.7% gross, so this is best held as a primary residence rather than an investment. The quiet green setting and no overlays reduce holding risk, but the buyer should confirm body corporate rules on the lot before proceeding. For a family wanting a house-like feel in a well-located suburb, this property works as a long-term home with stable value growth.