25 Kondelea Way, Denman Prospect ACT 2611
25 Kondelea Way, Denman Prospect ACT 2611
Detached house on 479m² | premium Denman Prospect street | 4-bed family configuration | upper-end price point | strong rental demand.
This property sits at the premium end of Denman Prospect’s detached housing market, where larger blocks and contemporary family homes dominate. The 479m² land size is substantial for the area and supports a house that appeals strongly to upsizers and professional households seeking multiple living zones, outdoor entertaining space, and modern finishes. The street itself reads as higher-value than much of the suburb, with newer builds and architectural presentation common. This house is best suited to a family buyer prioritising space, privacy, and a turnkey home in an established but still-maturing neighbourhood.
The estimated value around $1.327m places this property in a competitive band where buyers expect premium finishes and efficient layouts. Land size and street position may drive most of the value, but the absence of confirmed built-form details means condition and internal presentation could shift the final price meaningfully. Rental potential at $1,000–$1,400 per week suggests strong demand from family tenants, which may support resale or investment appeal. Buyers should weigh whether the house’s configuration and aspect match the premium price point, as these factors will influence long-term satisfaction and future resale.
Detailed Independent Property Report prepared by PropCred Analyst team for 25 Kondelea Way, Denman Prospect ACT 2611
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Denman Prospect is positioned as a young, high-income Canberra suburb: buyers aged 30–39 dominate, household incomes sit 35.7% above the ACT average, and 91% of owners hold mortgages. Reported house prices vary—$1.09M, $965K, $1.3M—but 10.1% annual growth and 76 median days on market confirm solid detached demand. Units are stronger still: 16.22% growth, 42 days on market, and a 5.18% gross yield, with median rents of $930 for houses and $620 for units. Canberra-wide, entry-level houses have climbed 47.7% in five years, and KPMG expects supply to undershoot by roughly 30%, supporting future growth. However, tight borrowing capacity and affordability constraints will likely temper price gains.
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PropCred Estimated Value
Comparable Sales: 28 Kondelea Way sold at $1.824M; 75 Kondelea Way listed at premium level | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, street quality, modern build standard
Bedrooms
4
Bathroom
2
Parking
2
Land
480m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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