189 Clive Steele Avenue, Monash ACT 2904
189 Clive Steele Avenue, Monash ACT 2904
1990s townhouse enclave | established low-rise stock | schools and services nearby | renovation upside | mixed street character
The property sits within a solidly established medium-density pocket of Monash, where the street mix includes older detached houses and low-rise townhouse stock from the mid-1990s. What works in its favour is the mature suburban setting, with schools, local shops, and main-road access all within a practical distance. This type of housing tends to appeal most to downsizers looking for single-level living and to investors seeking a straightforward, leasable townhouse in a settled area. The single-level or ground-oriented configuration, typical of the immediate precinct, also keeps ongoing maintenance modest, which is a genuine advantage for buyers who want low upkeep without paying the premium attached to newer apartment product.
The main factors likely to influence value are the property’s current condition and the degree of updating already done. Because much of the established stock in this area retains original kitchens and bathrooms, a buyer should weigh the cost of refreshes against the purchase price. The size of the individual land parcel and the internal layout may also matter, as some townhouse lots are small and some configurations feel more spacious than others. Whether the property has secure parking and any energy-efficiency improvements, such as solar or better glazing, might further shift its appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 189 Clive Steele Avenue, Monash ACT 2904
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Monash ACT 2904 is an established Canberra suburb where house medians range from $925,000 to $965,000, clustering near $930,000. Demand is driven by established professionals, reflecting a mature, stability-focused market. Prices have risen at reported annual rates between 4.5% and 9.1%, with 55-61 sales over the past 12 months. That limited turnover suggests tight supply. Modest population growth and a professional resident base support future demand, but high entry prices and low stock levels are key constraints.
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PropCred Estimated Value
Comparable Sales: 9/170 Clive Steele Avenue townhouse sold $645k; 131 Clive Steele Avenue house sold $1.275M | Listed Price Band: $600k-$700k | Value Indicator: condition, land size, layout
Bedrooms
3
Bathroom
1
Parking
1
Land
434m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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