31/21 Dawes Street, Kingston ACT 2604

31/21 Dawes Street, Kingston ACT 2604
31/21 Dawes Street, Kingston ACT 2604 is a 2 bed / 2 bath / 2 car apartment in Old Kingston, with an advertised internal living area of 86 sqm and balcony of 20 sqm, built in 2012, and positioned with a north-west facing balcony. The property was listed for sale as an apartment in Kingston. The available listing material also describes premium finishes, a waterfall-edge stone kitchen, Miele induction cooking, ducted heating and cooling, European-style laundry, built-in robes, and secure two-car accommodation. 2 bed 2 bath 2 car | Old Kingston tree-lined street | North-west aspect | Owner-occupier appeal | Strata fees $1,983 pq What is competitively strong or rare about this property is its configuration: two bedrooms, two bathrooms, and critically two secure car spaces in a 2012-built apartment within Old Kingston. That combination is uncommon in the area’s stock, where most offerings are smaller or single-car. The north-west balcony and 86 sqm internal living area provide genuine space and natural light, while the finishes—waterfall-edge stone kitchen, Miele appliances, ducted heating and cooling—place it in the upper tier of inner-south apartment living. The property sits on a quiet, tree-lined street away from the denser Foreshore precinct, which strengthens its appeal for owner-occupiers, particularly downsizers and professionals seeking low-maintenance access to Manuka, Barton, and the lake. It is not an investor-focused unit; the layout and quality signal a lifestyle-driven buyer who values long-term comfort over speculative yield. What may materially affect value or sale price includes the strata fees of nearly two thousand dollars per quarter, which could narrow the buyer pool among those sensitive to ongoing costs. The 2012 build is now a decade old, meaning some interior trends or mechanical systems may not reflect brand-new standards, though the premium finishes mitigate this. The two-car accommodation might command a price premium in a suburb where parking is tight, but the property’s price determination will be influenced by how the broader Kingston market absorbs apartments at this size and fee level. Caution is warranted when comparing to smaller or older units, as this property sits in a distinct segment.
Detailed Independent Property Report prepared  by PropCred Analyst team for 31/21 Dawes Street, Kingston ACT 2604
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Kingston is a well-connected inner-south suburb with access to quality schools and urban amenities. Demand is driven by young professionals and investors, particularly for its apartment market, which sees strong transaction activity. Recent price trends indicate a softening market with notable declines, presenting affordability challenges. Future growth is supported by steady population needs, though the market faces constraints from high entry prices and sensitivity to broader economic conditions.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

4028m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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