204/1 Brewer Street, Phillip ACT 2606
204/1 Brewer Street, Phillip ACT 2606
1 bedroom brand new apartment | 63m2 plus balcony | EER 6.0 in Woden | mid-5% yield signal
This is a newly completed one-bedroom apartment in a mixed-use building within the Woden Town Centre, offering a modern floorplan and high energy efficiency rating that is uncommon in older Phillip stock. The configuration of one bedroom with one bathroom and a garage space, combined with the building’s retail and rooftop amenity, positions it well for owner-occupiers seeking low-maintenance living, downsizers wanting lift access, or investors targeting rental demand in a major employment and health precinct. The new building fabric and efficient layout are the standout advantages here, as they directly improve comfort, running costs, and appeal compared to the typical older units in the suburb.
The property’s value may be influenced by its position within the building, as aspect, floor level, and outlook are not confirmed and could affect desirability and light quality. Being in a town-centre mixed-use setting, noise and traffic from retail and commercial activity might be more present than in quieter residential streets, which could matter for some buyers. The limited confirmed detail on interior finishes means the actual specification could vary, so a physical inspection is advisable to assess quality. The apartment’s resale potential may also be shaped by how the building’s reputation and ongoing precinct development evolve over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 204/1 Brewer Street, Phillip ACT 2606
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
This suburb presents a nuanced opportunity, with its market currently in a corrective phase following a period of significant price adjustment. Recent trends indicate a softening in values, particularly for houses, while the unit market has demonstrated greater resilience. Demand appears anchored by investors, attracted by rental yields that remain comparatively robust, suggesting a steady income proposition despite the broader price recalibration. Future performance will hinge on the suburb’s ability to stabilise, with key constraints including a limited sales volume that can amplify market volatility and a lack of clear, proximate demand catalysts from major infrastructure or demographic shifts.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
2571m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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