34/2 Serventy Street, Wright ACT 2611

139m² two-bedder | ducted heating and cooling | Molonglo Valley balcony | Wright’s tight supply This unit is competitively positioned as an oversized two-bedroom apartment in a young, owner-occupied suburb where supply is limited and demand is driven by proximity to the hospital, university, and Cooleman Court. The 139 square metres of internal space is rare for a two-bedroom unit and gives a buyer a floor plan that competes with smaller townhouses, while the two secure car spaces and large balcony with valley views add lifestyle and resale edge. The master suite with walk-in wardrobe and ensuite, combined with timber flooring and a modern island kitchen, targets professional couples or downsizers who want turnkey living without strata compromises. Ducted heating and cooling and an EER of 6.0 keep running costs low, and the low days on market for Wright units suggest steady buyer interest. The primary risk is that the $639,000 listing sits well above the suburb median of $530,000 for two-bedroom units, and the estimated value of $565,000 indicates a premium that may not be supported if comparable stock enters the market. The rental estimate of $650–$670 per week is achievable but not exceptional for the floor area, meaning the yield is modest. Annual rates and land tax total around $4,323 if rented, which eats into net return. The property is best held as a long-term owner-occupied home where the space and location deliver quality of life, or as a stable rental in a low-turnover pocket. Do not overpay beyond the estimated value range.