30 Freeling Cres, Palmerston ACT 2913
30 Freeling Cres, Palmerston ACT 2913
Compact 3-bed house | 510m² block | established Palmerston | school catchment | auction campaign
This property holds a clear position in Palmerston’s market as a straightforward, entry-level family house. Its 3-bed, 1-bath, 2-car configuration on a 510m² block is practical rather than expansive, and the 107.8m² internal area keeps maintenance low—a genuine advantage for first-home buyers or downsizers seeking a foothold in a well-serviced suburb. The location near Palmerston District Primary School and Gungahlin College strengthens its appeal to young families, while the suburb’s established, low-rise character supports steady demand. For a buyer wanting a functional, detached house without the premium of larger renovated stock, this sits comfortably as a sensible, competitive choice.
Value may be shaped by the property’s modest size relative to neighbouring homes, which often offer larger land and internal areas—this could temper price growth compared to upgraded family stock. The single bathroom and dated presentation, if unrenovated, might limit appeal to buyers seeking move-in readiness, though the compact block and efficient layout could attract those prioritising affordability over space. The auction campaign may introduce competitive tension, but the final price likely hinges on how the condition and finish compare to expectations for a 1990s-era home. Buyers should weigh the cost of any updates against the property’s inherent constraints.
|| Comparable Sales: 11 Freeling Cres sold ~$949k; 6 Clear St sold ~$950k | Property Price Band: $800k–$900k | Value Drivers: land size, internal condition, school proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 30 Freeling Cres, Palmerston ACT 2913
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Palmerston, a mature Gungahlin suburb, is seeing steady demand from higher-income professionals aged 30-39, drawn to four-bedroom houses that sell in a median nine days. House prices sit near $921,000 to $982,000, though annual growth has slipped 3.0%, while units average $641,000 and gross yields run 3.4%. Sales are thin at roughly 75-85 a year, with just 14 listings and five rentals last month, reflecting tight supply. Future upside hinges on road links to Gungahlin Drive and ACT-wide price momentum, but the soft price trajectory, weak population growth of under 1%, and rate sensitivity among leveraged buyers cap near-term gains.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 11 Freeling Cres sold ~$949k; 6 Clear St sold ~$950k | Property Price Band: $800k–$900k | Value Drivers: land size, internal condition, school proximity
Bedrooms
3
Bathroom
1
Parking
2
Land
510m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!