32 May Maxwell Cres, Gilmore ACT 2905

32 May Maxwell Cres, Gilmore ACT 2905
– Property: 32 May Maxwell Cres, Gilmore ACT 2905 is a detached house on a 1,060 m² block with about 152.9 m² of living area, 4 bedrooms, 2 bathrooms, and 2-car parking. The property was listed for sale on 18 June 2026 as a house in Gilmore. 4 bed family home | 1060sqm block | elevated front views | mid-80s build | EER 4 | single-level layout This property occupies a genuinely rare position in Gilmore: a large, elevated block with front-facing views across Canberra, combined with a practical single-level layout. The 1060sqm landholding is notably above typical suburban size, offering generous space for outdoor living, future landscaping, or potential reconfiguration. The four-bedroom, two-bathroom configuration with multiple living areas suits growing families or those seeking separation of zones. The mid-1980s build is consistent with local housing stock, but the elevated outlook and quiet street positioning lift it above standard offerings. This house serves best buyers who value land size, privacy, and an established family-friendly setting over contemporary finishes or a renovated interior. The property’s value may be influenced by its original condition and the need for updates typical of a mid-1980s home. The EER of 4 suggests moderate thermal performance, which could affect comfort and energy costs without upgrades. The large block may present subdivision potential or development constraints, depending on zoning, which is not confirmed here. Buyers should weigh the cost of modernising services like heating and cooling against the premium paid for land size and views. The elevated siting is a strength but might involve higher maintenance for retaining walls or drainage. These factors should be considered when forming a view on price relative to comparable properties in the area.
Detailed Independent Property Report prepared  by PropCred Analyst team for 32 May Maxwell Cres, Gilmore ACT 2905
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk ! 1
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Market Insight

Gilmore is a tightly held family suburb in Tuggeranong, characterised by established homes on generous blocks. Demand is driven by owner-occupiers, evidenced by rapid sales and a market dominated by family-sized homes. Recent price growth has been robust, supported by very low sales volumes and a severe shortage of available listings, which creates competitive pressure. Future performance will be underpinned by this chronic supply constraint, though affordability pressures present a key risk given current pricing levels relative to local incomes.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

1060m²

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