22 Allott Place, Belconnen ACT 2617

22 Allott Place, Belconnen ACT 2617
3-bed townhouse | Belconnen 2617 | 100mยฒ floor 222mยฒ land | EER 2 | median price territory The property’s appeal lies in its rare combination of a 222mยฒ landholding within a townhouse format, which is becoming increasingly scarce in Belconnen’s infill market. The 100mยฒ floor area is efficient rather than generous, but the land-to-building ratio provides a structural advantage for capital growth that pure apartments cannot match. This townhouse best suits first-home buyers or investors seeking entry into the Canberra market at the suburb’s median price point, where 70% owner-occupancy signals stable demand. The EER of 2 is a material weakness that will increase ongoing energy costs and may deter environmentally-conscious buyers at resale. The 2016 last sale price is not disclosed, so equity history is opaque. With 42% auction clearance and 54 average days on market for Belconnen three-bedroom houses, buyers should expect a slower sale process and negotiate from a position of patience. The property’s best use is as a long-term hold for rental income, given the school catchment proximity to Canberra High School; if buying to occupy, budget immediately for insulation and window upgrades to address the low energy rating.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Belconnen is a well-established commercial and residential hub offering relative affordability and excellent connectivity, attracting young professionals, first-home buyers, and investors. Demand is driven by high rental yields, steady employment in nearby government and retail sectors, and proximity to educational institutions, supported by a tight rental market. Recent price corrections reflect broader interest rate sensitivity, though low sales volume indicates constrained supply. Future stability hinges on sustained rental demand and population growth, with affordability and limited stock presenting ongoing constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

222mยฒ

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