310/155 Northbourne Avenue, Turner ACT 2612
310/155 Northbourne Avenue, Turner ACT 2612
This is a top-floor three-bedroom apartment with two bathrooms and two car spaces, spanning 135 square metres of internal space in the 2004-built ‘Space’ building. High ceilings, double glazing, ducted air conditioning, and a layout with no common walls define the interior. The unit is positioned on Northbourne Avenue in Turner, a suburb where three-bedroom apartments of this size are uncommon.
The property’s competitive strength lies in its rare combination of generous floor area and top-floor privacy within a low-density complex. Its orientation and double glazing deliver strong natural light and thermal efficiency, which are differentiating features in the inner-city apartment market. This unit is best suited to professionals, downsizers, or investors seeking a low-maintenance home with substantial internal space and premium finishes, as it sits above the typical Turner apartment profile in both size and quality.
The unit’s position on a main road may introduce traffic noise, though double glazing mitigates this. Its age at roughly 22 years means building maintenance and sinking fund health should be reviewed. The absence of private outdoor space and individual land title may limit appeal for some buyers. Rental demand for three-bedroom apartments in this area is stable, but yield should be assessed against purchase price, as the property’s premium positioning might not align with standard investment metrics.
Detailed Independent Property Report prepared by PropCred Analyst team for 310/155 Northbourne Avenue, Turner ACT 2612
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Turner is an established inner-north suburb prized for its proximity to the Canberra CBD. Demand is driven by a young, professional demographic seeking urban convenience, supported by strong recent sales activity. The market demonstrates solid turnover, with houses and units moving at a measured pace. Future growth is underpinned by sustained population increases, though the limited volume of house sales suggests a tightly held market that may constrain supply.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
1.74 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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