19 Walter Hood Lane, Red Hill ACT 2603
19 Walter Hood Lane, Red Hill ACT 2603
large tri-level home in The Parks | five ensuite bathrooms | built-in bar and bifold doors | high building coverage on 816mยฒ | prestige family configuration
This property occupies a deliberately rare position in Red Hillโs inner-south landscape. Its tri-level layout, five ensuites, and built-in bar signal a house designed for substantial family occupation and entertaining rather than everyday turnover. The north-facing orientation and bifold doors reinforce indoor-outdoor flow, which is valued in this enclave. At 622 square metres of building on an 816 square metre block, the coverage is high, meaning the usable garden is limited, but the trade-off is internal scale. The house best serves buyers who prioritise space, separate bedrooms, and premium finishes over outdoor landโtypically established local families or downsizers moving from larger holdings but unwilling to compromise on room count or privacy.
The EER of 5.5 is moderate for a home of this calibre, so ongoing energy costs may be higher than expected relative to the buildingโs prestige positioning. The land-to-building ratio of roughly 76% indicates the garden is modest, which may narrow the buyer pool among those wanting substantial outdoor recreation or future extension options. Rental yield at a projected $2,000 per week is low relative to capital value, so an investor-focused buyer should weigh that against long-term land appreciation. The propertyโs age is unstated, but the 2020 sale suggests the current fit-out is recent; any deferred maintenance from that period could surface in due course.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 19 Walter Hood Lane, Red Hill ACT 2603
Market Insight:
Red Hill is a premium inner-south suburb characterised by strong owner-occupier demand from professionals and families, drawn by its proximity to the city and high-performing schools. This has driven robust capital growth, with the market exhibiting tight supply and low vacancy rates, sustaining price momentum. Future growth is underpinned by these enduring locational advantages, though high price points and sensitivity to interest rates present constraints on affordability and market breadth.