2/174 Clive Steele Avenue, Monash ACT 2904

Immaculate 3-bed ensuite townhouse | Internal double garage | Complex sales momentum | Priced above recent settlements This property presents a competitively strong offering within its complex, distinguished by its ensuite bathroom configuration and internal double garage access—features absent in recent comparable sales. Its immaculate condition and larger internal living area create a scarcity premium for owner-occupiers seeking low-maintenance family accommodation in Monash. The unit best serves a buyer prioritizing functional space and modern comforts over lot size, positioning it as a superior product within the building’s existing stock. The decision hinges on reconciling its listed price against clear market evidence. The primary risk is overcapitalization, with the asking price approximately $180k above the latest complex sale, demanding a premium unjustified by historical growth trajectories. The opportunity requires negotiating toward the $650k-$660k range, aligning with superior recent sales that included two car spaces. Acquire only at a corrected valuation; this property should be held long-term to absorb the initial premium through sustained occupancy, as its configuration will sustain appeal. Recent sales within the same complex provide a clear value benchmark: – 37/174 (3/1/1): $615,000 (Dec 2024) – 43/174 (3/1/2): $658,100 – 39/174 (3/1/1): $635,000 – 3/174 (3/1/2): $621,300 These transactions establish a firm ceiling around $660,000 for three-bedroom units, making the subject property’s current listing materially ambitious. Your offer must be anchored by this direct evidence, not aspirational pricing.