2202/2 Furzer Street, Phillip ACT 2606
2202/2 Furzer Street, Phillip ACT 2606
Modern apartment in Woden Town Centre | High floor in tower | No overlays | Priority school catchments
This unit presents a competitively strong offering within the Woden Town Centre precinct, combining a high-floor position with the practical advantage of dual car parking, a configuration that is rare for a one-bedroom apartment and appeals directly to both owner-occupiers seeking convenience and investors targeting professional tenants. Its priority enrolment for established public schools and absence of environmental overlays provide a stable, low-risk foundation for capital security, making it particularly suitable for a first-time buyer or a portfolio investor seeking a straightforward, low-maintenance holding.
The primary decision point rests on the energy efficiency rating, which at a medium level imposes a tangible cost through higher utility bills and may affect future valuation benchmarks. The commercial logic is clear: secure this property for its locational and configurational strengths, but budget for thermal upgrades to mitigate the efficiency deficit. Hold as a long-term rental; the established catchment and town centre amenity will sustain tenant demand, outweighing the modest yield implied by current estimates.
Detailed Independent Property Report prepared by PropCred Analyst team for 2202/2 Furzer Street, Phillip ACT 2606
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✕
2
Insight: Phillip ACT 2606
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.
PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
1.02 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst