2 Coutie Place, Macgregor ACT 2615
2 Coutie Place, Macgregor ACT 2615
Large family block with dual-occupancy potential | Low energy efficiency rating | Strong rental yield signals | Zoned for growth in established suburb
This property presents a compelling opportunity based on its underlying land value and flexible configuration. The substantial nine-hundred-and-fifty-six-square-metre RZ2 block is its primary competitive strength, offering dual-occupancy potential or multi-generational living in an established location, which is increasingly rare. With five car spaces and proximity to schools and transport, it serves large families or investors seeking a strategic land bank with immediate rental income, evidenced by recent tenancies and a yield near four percent.
Proceed with a clear budget for thermal performance upgrades, as the very low energy rating will impose immediate operational costs and limit future financing incentives. The discrepancy in reported internal area requires verification. The commercial logic is to secure the land, improve the building envelope, and either hold for subdivision potential or benefit from strong rental demand. This is a value-play for a buyer capable of executing a capital improvement plan.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Coutie Place, Macgregor ACT 2615
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Macgregor is an established family suburb with consistent owner-occupier demand, reflected in steady sales and resilient house price growth. The market is characterised by a high rate of home ownership, though a significant mortgage presence indicates sensitivity to interest rate changes. Low rental vacancy underscores solid investor interest, supporting a balanced market. Future performance will hinge on broader affordability pressures and the suburb’s appeal to middle-income families seeking accessible Belconnen amenities.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
5
Land
956m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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