18 Coolgardie Street, Dunlop ACT 2615
18 Coolgardie Street, Dunlop ACT 2615
Corner block with wrap gardens | 757m² low-maintenance land | dual living areas + study | 2001-built family format
This property presents a competitively strong family proposition, anchored by its 757m² corner block which provides greater privacy, wrap-around gardens, and a low-maintenance design rare in newer estates. The dual living areas, study, and seamless indoor-outdoor flow to a sheltered terrace create a functional layout for growing households. It serves the family buyer seeking space and established convenience, positioned within walking distance to local shops and schools, with quick access to Belconnen and the CBD.
Proceed with the discipline of verifying the significant discrepancy in reported building sizes256m² satellite versus 141m² internalas this impacts value assessment and insurance. The consistent rental history and quick past leasing signal stable demand, supporting a hold strategy as a long-term family home with inherent flexibility for future investment use. Its early 2000s construction in a settled area mitigates major defect risks common in newer builds, making it a sound operational purchase.
Past sales indicate a substantial equity gain historically, though they are dated. The 2001 sale at $335,000 and a circa 2004 sale around $325,000 contextualise the original purchase price against the current unimproved value of $566,000. This trajectory underscores the land component’s appreciation in this suburb. For a buyer, this reinforces that the underlying land value forms a solid base for the property’s worth.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Coolgardie Street, Dunlop ACT 2615
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Dunlop is a family-oriented suburb with a strong professional demographic, underpinning its appeal. Demand is driven by young families seeking established homes, supported by high household incomes. Recent price growth has been robust, with the market demonstrating steady turnover and competitive conditions. Future growth is anchored to this demographic strength, though current price levels present an affordability consideration for new entrants.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
757m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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