18 Bindugan Cres, Ngunnawal ACT 2913
18 Bindugan Cres, Ngunnawal ACT 2913
4-bed family footprint | North-facing split-level | Larger-than-typical build | EER 5.5 | School-adjacent position
This property holds a clear competitive edge in Ngunnawal’s family market. Its 234.55 m² building area on a 448 m² block delivers a more substantial floorplan than much of the local stock, which tends toward compact three-bedroom layouts. The split-level design, north-facing orientation, and four-zone ducted reverse-cycle heating and cooling make it a practical, comfortable choice for households wanting space without excessive land upkeep. The 2014 build year, FTTP connectivity, and double garage with multiple access points add modern convenience. It serves best buyers—likely families or upgraders—seeking a move-in-ready home with strong internal proportions, a functional layout, and proximity to Ngunnawal Primary School, parks, and reserve trails. The configuration is land-efficient, meaning lower outdoor maintenance while retaining a generous living footprint.
The rental estimate of $820–$850 per week suggests solid income potential, which may attract investors, though the primary appeal remains owner-occupier comfort. The single-glazed windows and concrete roof tiles are standard for the era, not premium upgrades, so energy efficiency beyond the EER rating may be moderate. The split-level layout might not suit those seeking single-level living, and the absence of a clearly documented premium kitchen or bathroom finish means presentation could vary from expectations. Buyers should weigh the balance between the substantial building size and the relatively modest land component—this may limit future extension potential but also reduces upkeep. The north-facing aspect and internal flow are likely to hold value well in this suburban context.
|| Comparable Sales: 1 Gulwan Street (3/2/2, 169 m², 2014) sold $1.05M; 8 Bunburung Close (3/2/2, 656 m²) sold $980K | Property Price Band: $1.1M–$1.2M | Value Drivers: Building size, north-facing split-level layout, school proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Bindugan Cres, Ngunnawal ACT 2913
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
This suburb has a mid-tier housing profile, with house medians ranging from $770,000 to $830,250 depending on the source and units at $650,000. Annual house growth varies widely, from 1.25% to 5.1%, while unit growth sits at 1.56%. Demand is driven by a high share of couples with children, a significant proportion of purchasers, and a professional and clerical workforce. Market activity is steady: houses sell in 35 to 41 days and units in 36, with 153 house sales over the past year. Rental returns are solid at 4.32-4.4% for houses and 4.86% for units, with median weekly rents of $642 and $600. These fundamentals point to stable, income-backed demand, though price growth remains modest and data-dependent.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 1 Gulwan Street (3/2/2, 169 m², 2014) sold $1.05M; 8 Bunburung Close (3/2/2, 656 m²) sold $980K | Property Price Band: $1.1M–$1.2M | Value Drivers: Building size, north-facing split-level layout, school proximity
Bedrooms
4
Bathroom
2
Parking
2
Land
448m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!