22/23 Jondol Place, Isabella Plains ACT 2905

22/23 Jondol Place, Isabella Plains ACT 2905
3 bed 1 bath 1 car townhouse | late 1980s build | low-maintenance strata | first-home buyer and investor appeal | strong entry-to-mid price point This townhouse is positioned in a well-established cluster on Jondol Place, where 3-bedroom, 1-bathroom layouts with single-car accommodation are the norm. The late-1980s construction is typical of the area’s older middle-density stock, but the format offers genuine practical advantages: manageable upkeep, a private backyard, and contemporary essentials such as gas cooking, a dishwasher, and split-system cooling in the master. For a first-home buyer seeking a foothold in Tuggeranong without the maintenance load of a detached house, or an investor looking for steady rental demand from a broad tenant pool, this is a sensible fit. The property is priced at the functional, affordable end of the suburb’s market, which broadens its appeal. What may materially affect value is the original condition of the bathroom and kitchen, the single-bathroom layout, and the specifics of the strata arrangement, including quarterly fees and parking allocation. Presentation will matter most: a dated interior may require a modest refresh, while a well-cared-for unit could command a premium. The exact title type, whether strata or cluster title, and the presence of extra off-street parking may also shift the final price, but the core 3-bedroom configuration keeps demand solid. >> Comparable Sales: 23/8 Jondol Place sold around $740,000; 25/23 Jondol Place sold $785,000 | Property Price Band: $700,000 to $800,000 | Value Drivers: condition of original finishes, single-car accommodation and strata fees, overall presentation
Detailed Independent Property Report prepared  by PropCred Analyst team for 22/23 Jondol Place, Isabella Plains ACT 2905
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Isabella Plains is a compact, established Canberra suburb of 4,329, dominated by professional couples with children aged 30-39 and 76.2% owner-occupancy. Demand draws on family appeal and green space: 11 parks cover 28.3% of the 2.5 sq km area. Median house price is $814,000 with 1.12% annual growth, yet five-year gains of 39.2% show prior strength. The market is tight: 0.41% vacancy, 32 days on market, and 56-58 house sales yearly. Units outperform with 2.36% annual growth and 4.75% gross yield versus 4.39% for houses. Limited supply supports conditions-just 7 rental properties available. Risks centre on affordability: median house listings at $849,000, a 6.85% listing price change year-on-year, and rate sensitivity given typical mortgages of $1,800-$2,399 monthly.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

-

Land

2.26 ha

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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