26/54 Moore Street, Turner ACT 2612

Oversized two-bedroom layout | first-floor privacy | boutique 32-unit block | moments from Braddon This unit presents a competitively rare configuration within the Turner market, offering an oversized two-bedroom, two-bathroom layout with dual car spaces in a small-scale development. This combination provides superior space and versatility compared to typical apartment stock, serving owner-occupiers seeking low-density living or investors targeting premium rental demographics drawn to the quiet, well-connected Inner North location. The limited four-apartments-per-floor design enhances privacy, a tangible point of differentiation. Decision hinges on reconciling its spatial advantage against the inherent risks of a single recent valuation and limited comparable sales evidence within the building. The varied sales history and tenure profile of the block suggest inconsistent capital growth, demanding a buyer secure an independent valuation to anchor their offer. This property is best acquired as a long-term hold, leveraging its functional layout to mitigate the volatility typical of smaller apartment markets, rather than for short-term trading. Recent sales within the building provide critical context: – Unit 4/54 (1 bed, 1 bath, 1 car): Sold $485k (Jun 2025), 5.25% annual growth. – Unit 12/54 (2 bed, 2 bath, 1 car): Sold $670k, 4.31% annual growth. – Unit 3/54 (1 bed, 1 bath, 1 car): Sold $540k, 9.43% annual growth. The significant premium for a second bathroom and second car space is evident. The subject property’s larger size and dual car spaces logically command a price above the $670k benchmark set by Unit 12/54, supporting the listed estimates. However, the wide variance in annual growth rates underscores the need for precise valuation to justify any premium.