2 Boothby Place, Garran ACT 2605

2 Boothby Place, Garran ACT 2605
Newly renovated duplex | prime Garran school catchments | low-risk location | strong rental yield potential This property presents a competitively priced entry into a high-demand suburb, anchored by direct access to top-tier public schools. Its renovated condition and low-maintenance duplex configuration position it ideally for an owner-occupier seeking convenience or an investor targeting stable tenant demand from families. The absence of flood or bushfire risk removes significant holding costs and broadens its appeal, while the fully fenced outdoor area aligns with suburban living expectations. The primary compromise is the below-par energy efficiency rating, which imposes higher ongoing utility costs and may deter future sustainability-conscious buyers. The configuration, while efficient, trades space and privacy against the suburb’s typical standalone houses. For a buyer, the commercial logic is clear: acquire a turnkey property in a premium catchment with immediate rental coverage. Proceed with an offer strategy informed by a professional valuation to anchor price, and utilise a full property report to validate renovation quality, precise rental valuation, and locality-specific insurance premiums. Sold November 2022 for $790,000. This 27% increase in under four years signals strong capital growth, though the current asking price demands scrutiny against recent comparable duplex sales to ensure the premium for renovations is justified.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Garran is an established, high-income suburb with a professional demographic, currently navigating a period of market adjustment. Recent buyer sentiment has been tempered by broader economic conditions, reflected in a softening of capital values. The suburb’s fundamentals, anchored by its educated workforce and local schooling, provide a stable base, though its trajectory remains sensitive to interest rate movements and the pace of market recovery.

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

436m²

Built

Recent Assessments