306/165 Northbourne Avenue, Turner ACT 2612

Large floorplan | dual parking | low-supply Turner pocket | auction clearance risk This unit’s 114–118 sqm floor area places it well above the typical two-bedroom footprint in Turner, a market where most units trade below 90 sqm. Combined with two dedicated car spaces, the configuration appeals strongly to owner-occupiers seeking genuine apartment living rather than investor-grade stock. The 70% owner-occupancy rate in the building signals a stable, well-maintained complex that tends to hold value better than rental-heavy blocks. Proximity to Turner School and Lyneham High School adds further depth for families, though the unit is best suited to downsizers or professionals who prioritise space and parking over a premium postcode. The primary risk is the 28% auction clearance rate for two-bedroom units in Turner, which suggests a thin buyer pool at current pricing. The property has been listed only eight days, so vendor expectations may not yet be tested. The estimated $820,000 value sits well above the suburb median of $655,000, meaning the buyer pool is narrower and the property may take longer to sell on resale. However, the last sale in December 2020 at $695,000 shows measured growth, and the large floorplan offers a point of difference that could reduce competition at auction if the vendor prices realistically. A pre-auction offer may be worth exploring given the low clearance rate.