24/13 Thurlow Place, Belconnen ACT 2617
24/13 Thurlow Place, Belconnen ACT 2617
Raw research notes for 24/13 Thurlow Place, Belconnen ACT 2617: The property was listed for sale as a unit in Belconnen.
2 bedroom 1 bathroom unit | parking included | sold $390k in 2021 | current pricing above that | first home buyers and investors target
The property is considered competitively strong within Belconnen’s entry level unit market. Its two bedroom one bathroom configuration with dedicated parking is a practical layout that appeals to first home buyers downsizers and investors alike. The recorded sale history shows a clear upward price trajectory since 2021 reflecting steady demand in this segment. Belconnen provides established amenities and accessible price points making this unit a functional choice for those entering the market or seeking a manageable footprint. The implied rental yield adds to its attractiveness for income focused buyers.
The property’s value may be influenced by unverified building age and interior finishes which might affect future maintenance requirements. Rental income could vary based on exact flooring aspect and floor level details. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 24/13 Thurlow Place, Belconnen ACT 2617
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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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
2
Bathroom
1
Parking
1
Land
3124m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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