31 Tanderra Cres, Ngunnawal ACT 2913
31 Tanderra Cres, Ngunnawal ACT 2913
5 bedrooms | golf course rear | dual-level family home | auction 16 May
The property’s strongest buying signal is its rare 1012m² block backing directly onto Gungahlin Lakes Golf Course, which provides permanent green outlooks and privacy that few houses in Ngunnawal offer. The dual-level layout with five bedrooms and three bathrooms serves a multigenerational family or those needing a home office, while the recent roof and interior refurbishment reduces immediate capital outlay. This house suits a buyer seeking a long-term family home in a 95% owner-occupied street, where demand is stable and auction clearance sits at 40%, indicating selective but committed local interest.
The primary risk is the 1999 build with only an EER of 3.0, meaning ongoing energy costs will be higher than newer stock, and the lack of comparable sales data since 1999 makes pricing uncertain. The 40% auction clearance in the area suggests the buyer may face limited competition but also slower resale liquidity. Opportunity lies in the golf course frontage and large block-potential for future subdivision or extension, though not immediate. Hold this property as a core family home, not a flip; its location and land will reward patience over five to ten years.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Tanderra Cres, Ngunnawal ACT 2913
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
This suburb presents a stable, family-oriented market with a clear price premium for houses over units. Demand is driven by professionals and young families, reflected in the demographic composition and consistent purchaser activity. Recent price trends indicate moderate, steady growth, with houses transacting efficiently, suggesting sustained buyer interest. Future performance will hinge on the suburb’s appeal to this established demographic segment, though its reliance on this core buyer profile presents a concentration risk should their economic circumstances shift.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
1012m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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