201 John Gorton Drive, Wright ACT 2611
201 John Gorton Drive, Wright ACT 2611
Modern townhouse/apartment in Molonglo Valley corridor | 2–3 bed configuration likely | Contemporary finishes with secure parking | Built mid-2010s to early-2020s | Strong rental appeal for professionals and small families
This property sits within a planned, medium-density pocket of Wright where contemporary townhouses and apartments dominate the streetscape. The configuration, likely spanning multiple levels with open-plan living, stone benchtops, and quality fixtures, appeals directly to buyers seeking low-maintenance living without sacrificing space. Its position along John Gorton Drive places it minutes from Cooleman Court, Mount Stromlo, and the Woden employment hub, making it particularly suited to professionals, downsizers, and young families who value convenience and modern presentation over traditional suburban land. The presence of secure parking, storage, and in some complexes pool and BBQ facilities strengthens its practical appeal.
The property’s value may be shaped by its exact floor level, orientation, and whether it includes outdoor space like a balcony or courtyard. North-east facing units with views typically command a premium, while ground-floor options with private access can attract different buyer preferences. The age of the building, likely between 2014 and 2022, means depreciation benefits may still apply for investors, but strata fees and body corporate arrangements could influence ongoing costs. Proximity to schools like Charles Weston and Evelyn Scott adds family appeal, though the lack of a detached land component may limit capital growth compared to traditional houses.
|| Comparable Sales: 143/61 John Gorton Drive sold $500,000 Apr 2025; 115/61 listed around $545,000 | Property Price Band: $500,000–$600,000 | Value Drivers: Modern condition, layout efficiency, secure parking and outdoor space
Detailed Independent Property Report prepared by PropCred Analyst team for 201 John Gorton Drive, Wright ACT 2611
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Wright is a compact Canberra suburb where the typical resident is a 33-year-old professional in a couple-with-children household. That profile underpins demand for family housing, though the market is bifurcated: houses trade around $1.21–$1.24 million while units sit at $525,000. House price signals are conflicting—Your Investment Property Magazine shows -10.04% annual growth, Allhomes +2.4%—suggesting an uncertain read. Units offer a firmer picture: 2.94% growth and a 5.73% gross yield, versus 4.12% for houses. Sales volume is modest, 27 houses and 89 units in 12 months, with houses taking 83 days to sell and units 56. Owner-occupancy fell from 76.8% to 67.2% between 2016 and 2021, a sign of shifting composition. Affordability is the main constraint, particularly for houses.
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PropCred Estimated Value
Comparable Sales: 143/61 John Gorton Drive sold $500,000 Apr 2025; 115/61 listed around $545,000 | Property Price Band: $500,000–$600,000 | Value Drivers: Modern condition, layout efficiency, secure parking and outdoor space
Bedrooms
4
Bathroom
2
Parking
2
Land
1.08 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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