23 Shortland Cres, Ainslie ACT 2602

1950s character home in Ainslie | 724m² block with north-facing yard | 4-bedroom layout with separate garage | EER 1 but strong renovation upside The property occupies a large 724m² block in Ainslie’s family-friendly inner north, with a north-facing backyard and separate garage that are increasingly rare at this price point. Its 4-bedroom layout and proximity to North Ainslie Primary and Dickson College make it a strong candidate for families prioritising location over immediate move-in condition. The original kitchen and low EER rating signal that a buyer willing to renovate can add significant equity in a suburb where the median house price sits well above $1.7 million. The 50% auction clearance rate in the area suggests selective demand, but this property’s configuration and block size give it an edge over comparable listings. The primary risk is the EER rating of 1, which will require investment in insulation, double glazing, or solar to meet modern efficiency standards and avoid ongoing energy costs. The 1950s kitchen and cork flooring may deter buyers seeking turnkey homes, but for a renovator or long-term holder, these are opportunities to control upgrade costs and tailor finishes. The single carport is a limitation for multi-car households, though the separate garage partially offsets this. Hold this property for at least five years, renovate progressively, and benefit from Ainslie’s consistent capital growth driven by land scarcity and school catchment demand.