23/145 Carruthers Street, Curtin ACT 2605

Central Curtin villa | compact 45m² floorplan | 1980s build | walkable to schools | immediate rental occupancy This single-level villa presents a competitively priced entry into a central, high-demand suburb, best serving the investor or first-home buyer seeking minimal upkeep. Its immediate rental listing at $495 per week demonstrates proven tenant demand, and the recent lease in August 2024 signals a property that transacts quickly. The walkable catchment to government schools from Curtin Primary through to Canberra College provides a durable locational advantage that underpins long-term appeal. The primary risk is the 0.0 Energy Efficiency Rating, which imposes higher utility costs on occupants and may necessitate future capital investment to improve. The modest internal size limits buyer appeal to a specific market segment. However, the price point offers a logical commercial entry into a suburb where the unimproved land value is substantial. Acquire for hold as a rental; the configuration supports steady yield but offers limited scope for value-add beyond basic upgrades. Recent sales data is limited, but the property’s last recorded sale at $267,000 in September 2020 contrasts with current estimates and the asking price. This trajectory suggests market appreciation, though the absence of precise, direct comparable sales for similar one-bedroom villas in Curtin requires careful valuation scrutiny.