23/145 Carruthers Street, Curtin ACT 2605

Low energy rating | ageing build | high outgoings | solid rental yield | constrained capital growth This unit carries two financial risks: a $3,380 quarterly outgoings load and a zero energy rating requiring retrofit cost of $8,000–$15,000 to meet minimum standards. Against this, the 7.66% rental yield offers cash-flow positive holding capacity while the 1969 construction means lower body corporate risk than newer complexes. The decision hinges on whether the buyer prioritises immediate rental return over medium-term equity growth, as the 45sqm floorplate and low land content limit appreciation. For an investor seeking yield in a stable sub-region, this property works as a hold-to-earn proposition, not a flip. The 1.59-acre lot allocation provides rare redevelopment optionality for a single-bedroom unit—an underappreciated structural advantage. The Curtin shops adjacency (6-minute walk) and school catchments (Curtin Primary, Alfred Deakin High) secure tenant demand from public service families. This property serves best a hands-on investor wanting positive gearing in a low-vacancy pocket, or a downsizer needing walkable amenity without lift-dependent living. Comparable data from a recent $430/week lease at the same complex shows rental demand consistent with stated yields. Buyers can validate their offer position against this income evidence.