312/8 Cape Street, Dickson ACT 2602
312/8 Cape Street, Dickson ACT 2602
2 bed / 2 bath / 1 car | 86 m² contemporary unit | 2018 build with resort amenities | Inner-north Dickson dining precinct | Strong rental demand
This unit holds a genuine edge in Dickson’s apartment market. The two-bedroom, two-bathroom layout with a dedicated parking space sits above the suburb’s typical one-bedroom stock, while the 2018 build and full amenity set—heated lap pool, gym, theatre room—place it firmly in the contemporary tier. North-facing light and open-plan living are likely given the complex’s design, and the 6.0 EER rating signals efficient running costs. It serves best a professional couple, a downsizer wanting lock-up-and-leave convenience, or an investor seeking reliable inner-north rental appeal. The dining precinct and city proximity are everyday advantages that keep both owner-occupiers and tenants interested.
Value may hinge on floor level and aspect, which are not confirmed for this specific unit. A higher floor with better light could support a premium, while a lower position might trade at a slight discount. The prior $540 weekly lease and comparable in-building yields around 6% suggest solid income potential, but strata levies for a full-amenity complex could be higher than basic blocks. Parking is limited to one space, which may matter for households with two cars. The 86 m² size is generous for a two-bedder, adding practical appeal. These factors should be weighed when forming a view on price.
|| Comparable Sales: 403/8 Cape Street sold at $551.5k (2 bed, 2 bath, 2 car, 88 m²); 407/8 Cape Street at $551.5k (2 bed, 2 bath, 1 car, 73 m²) | Property Price Band: $550K–$650K | Value Drivers: floor level and aspect, amenity quality, rental yield potential
Detailed Independent Property Report prepared by PropCred Analyst team for 312/8 Cape Street, Dickson ACT 2602
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Dickson’s market is split. Houses are mid-correction, with the median price at $1.02 million after a 7.33% annual decline and a further 1.78% fall last quarter. Units are steadier, holding at $590,000, down 1.34% annually but up 4.98% quarter-on-quarter. Demand centres on first-home buyers, activated by the federal 5% deposit scheme, which explains elevated unit activity: 98 unit sales against 39 house sales in the past year. Houses take 34 days to sell, pointing to measured turnover. Rental returns reinforce the divergence—units yield 5.39% versus houses at 3.39%, both with a $650 weekly median rent. The unit segment, with its higher yield and buyer pool, carries the suburb’s near-term momentum. The constraint is house price softness, which may persist if affordability pressures and interest-rate sensitivity remain.
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PropCred Estimated Value
Comparable Sales: 403/8 Cape Street sold at $551.5k (2 bed, 2 bath, 2 car, 88 m²); 407/8 Cape Street at $551.5k (2 bed, 2 bath, 1 car, 73 m²) | Property Price Band: $550K–$650K | Value Drivers: floor level and aspect, amenity quality, rental yield potential
Bedrooms
2
Bathroom
2
Parking
1
Land
1.8 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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