29/16 Everist Street, Taylor ACT 2913

Well located townhouse | north facing | built 2022 | small footprint, big land share | first-home buyer target. This property’s strength is its combination of a modern, energy-rated townhouse with a rare northerly aspect and a very large underlying land holding-effectively giving the buyer a piece of Gungahlin’s growth without the maintenance of a full block. The 2022 build means lower immediate outlay on repairs, and the 6-star energy rating keeps running costs manageable. It suits first-home buyers wanting a low-maintenance entry into a new suburb, or investors seeking a tenant-friendly unit with solid depreciation potential. The main risk is the disconnect between the 81m² building and the inflated land value-the unimproved value of $3.68 million reflects the whole lot, not your unit, so don’t overpay for land you don’t control. The 10-day market time suggests pricing may be slightly ahead of buyer appetite, and the wide valuation gap between $539k and $750k signals inconsistency in how this type of townhouse is assessed. Opportunity lies in negotiating hard given the listing has just started; hold it for steady rental yield and capital growth tied to Taylor’s broader development, not for quick flip gains