212/19 Marcus Clarke Street, City ACT 2601
212/19 Marcus Clarke Street, City ACT 2601
2-bed high-rise | Fender Katsalidis design | New Acton precinct | sky gardens + theatre | premium with high costs
This property is considered a rare offering within City ACT, where the typical stock is older low-rise units. Its luxury specifications—full-height double glazing, high ceilings, and a study nook—place it above the local standard. Designed by Fender Katsalidis, the building includes shared sky gardens with BBQ facilities, a 32-seat theatre, and a hobby workshop, amenities not commonly found in the suburb. Located in the New Acton precinct, it offers exceptional walkability to Lake Burley Griffin, the city centre, ANU, and light rail. This configuration is best suited for professionals or investors seeking a modern, amenity-rich living environment with strong rental demand.
The ongoing costs are a material consideration. Body corporate fees and rates are elevated relative to typical stock. These may reduce net yield or increase holding costs. The lower floor level might limit views, and future precinct development could bring construction noise. However, the building’s age and design quality may support value. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 212/19 Marcus Clarke Street, City ACT 2601
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Canberra’s central suburbs present a tightly held, owner-occupier market underpinned by stable public sector and professional demand. Competition is strengthening, particularly from first-home buyers, within a supply-constrained environment where listings remain low. Recent price growth has been measured, with houses outperforming units, supported by resilient rental conditions and a critically low vacancy rate. Future growth is anchored to this persistent demand-supply imbalance, though affordability pressures and inconsistent development pipelines present ongoing constraints to entry and expansion.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
1.01 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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