30 Bennelong Cres, Macquarie ACT 2614

30 Bennelong Cres, Macquarie ACT 2614
Corner block with deep garden | 5.5-star energy rating | 928mยฒ in tight suburb | 1971 build with modern solar | 3-bed floorplan for families This propertyโ€™s competitive edge is the 928mยฒ corner block in a suburb where median land is smaller, combined with a 5.5-star energy rating from solar panels and a water tank – rare for a 1971 build. The floorboards and built-in robes reduce immediate refurbishment needs, while the corner positioning offers dual access and potential for future subdivision or a granny flat, subject to council. It best serves a family seeking a quiet, established garden setting with priority enrolment at Macquarie Primary and Canberra High, and who values low ongoing utility costs over a pristine interior. The main risk is the 93-95mยฒ floor area, which is tight for a 3-bedroom house and may limit appeal to downsizers or investors seeking higher rental yield. The 1971 build also carries potential for older wiring or plumbing, though the energy upgrades offset some holding costs. A buyer could negotiate on the basis of the smaller interior versus the land value, then hold for land appreciation or explore a future rear subdivision – the corner block and 10% building coverage make this a logical long-term land bank play.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Macquarie is a well-established suburb anchored by a professional demographic, creating a stable and aspirational residential market. Demand is driven by this young professional cohort, supported by a tight rental market and very low vacancy rates. The housing market demonstrates solid capital growth, though supply constraints are evident across both houses and units. Future growth is underpinned by sustained demographic demand, yet affordability pressures may emerge as prices consolidate at higher levels.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

4

Land

928mยฒ

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