20 Mick Shann Terrace, Casey ACT 2913
20 Mick Shann Terrace, Casey ACT 2913
Compact 3-bed house | Owner-occupied street | Below suburb median | Small 246m² block | Needs verification of finishes
This property offers a rare entry point into Casey’s detached housing market, where most homes trade on larger blocks with more bathrooms. The compact footprint suits first-home buyers, downsizers, or investors seeking lower-maintenance living without sacrificing a standalone house format. Its position on a quiet, owner-occupied street with 85% owner residency suggests stable neighbourhood character and limited turnover, which typically supports steady value retention. The 130m² building area is workable for a small family or couple, and the property’s pricing positions it competitively within the local 3-bedroom segment, making it an accessible option in a suburb where family-sized homes dominate.
The key factor to weigh is the small land size relative to typical Casey stock, which may limit future extension potential or appeal to buyers seeking outdoor space. The single bathroom could also narrow the buyer pool compared to newer or renovated competitors. However, the property’s condition and internal layout—currently unverified—will heavily influence its final value. If finishes are dated, a renovation budget should be factored in; if well-presented, the property may command stronger interest. The 2013 last sale date suggests some age, but the absence of disclosed issues leaves room for inspection to reveal either a solid, move-in-ready home or one requiring investment.
|| Comparable Sales: 6/29 Bott Crescent sold $805,000; 20 Wighton Terrace sold $1,005,000 | Property Price Band: $700K–$800K | Value Drivers: land size, condition, layout efficiency
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Mick Shann Terrace, Casey ACT 2913
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Casey, in Canberra’s northwest Gungahlin district, is a family-oriented suburb. Demand is led by young families and professionals commuting to Canberra, with government deposit schemes drawing first-home buyers. House prices have settled around $927,500–$947,500; annual growth is uneven at 6.46% and -0.95%, while units sit at $614,000 after a -1.44% decline. Houses sell in about 42 days, with 102–104 annual sales and a 4.1% gross yield; weekly rents reach $680, or $798 for four-bedrooms. Supply is tight, supporting prices. Future growth rests on continued residential development and northwest ACT infrastructure, but affordability is stretched and interest-rate sensitivity is a key risk.
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PropCred Estimated Value
Comparable Sales: 6/29 Bott Crescent sold $805,000; 20 Wighton Terrace sold $1,005,000 | Property Price Band: $700K–$800K | Value Drivers: land size, condition, layout efficiency
Bedrooms
3
Bathroom
1
Parking
1
Land
246m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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