2/101 Keverstone Circuit, Isabella Plains ACT 2905

3-bed townhouse in quiet enclave | low-maintenance strata living | flood overlay present | recent comparable sale in complex This property presents a competitively priced entry into the Canberra townhouse market, best serving an owner-occupier or investor seeking established, low-maintenance accommodation. Its primary strength is its position within a small, wholly owner-occupied complex, suggesting stability, with recent sales in the same building providing a clear valuation benchmark. The three-bedroom configuration in a quiet setting is a durable format for family or tenant demand, though the single bathroom and 1985 build date position it as a functional rather than premium offering. The central decision point is the flood overlay, which necessitates specific due diligence on insurance costs and potential future resale constraints. The opportunity lies in acquiring a property with a recent, direct comparable sale, providing a rare degree of pricing certainty in a suburb with sparse sales data. Proceed with an auction strategy anchored by that comparable, conditional on a satisfactory strata report and flood impact assessment. A Propcred report would quantify the overlay’s risk premium and verify the complex’s financial health, ensuring your offer reflects all locality and strata liabilities. Comparable sale within the same complex: – 4/101 Keverstone Circuit: Sold for $750,000 in March 2025. This was a 3-bed, 1-bath, 1-car townhouse, originally purchased for $590,000 in October 2021. This direct comparison strongly suggests a current value benchmark in the mid-$700,000 range, indicating solid capital growth for the complex and providing a credible foundation for your bidding strategy.