36 Broadbent Street, Scullin ACT 2614
36 Broadbent Street, Scullin ACT 2614
Large 887m² block | single-level updated 3-bedroom house | family-oriented pocket near shops and schools | established condition with fresh finishes
This property holds a genuine competitive edge through its unusually large 887m² block, which places it above much of Scullin’s detached housing stock. The single-level layout, freshly painted interiors, polished timber floors, and new carpet suggest a move-in-ready condition that reduces immediate upkeep concerns. With three bedrooms, one bathroom, and two car spaces, it serves families seeking space and convenience, as well as downsizers wanting a practical, ground-level home without renovation demands. Its proximity to Scullin Shops, primary schooling, and Belconnen’s amenities strengthens everyday appeal, while the quiet, established character of the street adds a sense of stability that many buyers prioritise.
Value may be shaped by the dated exterior or older building systems, which could require future investment despite the refreshed interior. The single bathroom might limit appeal for larger families, and the lack of clear solar orientation could affect energy efficiency expectations. Buyers should weigh the large land component’s potential for future extensions or landscaping against these constraints, as the block’s versatility may justify a premium, while the modest bathroom count could temper it.
|| Comparable Sales: 27 Broadbent Street sold at $494,000 (2024 UV basis) | Property Price Band: $800,000–$900,000 | Value Drivers: land size, renovated interior, single-level layout
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Broadbent Street, Scullin ACT 2614
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Scullin is a low-turnover, declining market. House prices have fallen, with annual growth between -1.67% and -3.9% depending on source, and a median of $855,000. Units sit at $552,750, while house yields are 3.99% and units 5.82%. The vacancy rate is a tight 0.54%; houses rent for $600 weekly and units $505. Demand is driven by owner-occupiers, with a high share of mortgaged owners and a notable single-person cohort. Yet turnover is exceptionally thin—35 house sales and 10 unit sales in the past year—against a median 37 days on market. This illiquidity compounds the negative growth risk. No forward demand drivers are evident from available data.
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PropCred Estimated Value
Comparable Sales: 27 Broadbent Street sold at $494,000 (2024 UV basis) | Property Price Band: $800,000–$900,000 | Value Drivers: land size, renovated interior, single-level layout
Bedrooms
3
Bathroom
1
Parking
2
Land
887m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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