37/77 Northbourne Avenue, Turner ACT 2612
37/77 Northbourne Avenue, Turner ACT 2612
2 bed | 2 bath | 2 car | inner north corridor | strong parking allocation | urban setting
This unit’s configuration is competitively strong for Turner, where two-car allocations are less common in apartment stock. The 2 bed, 2 bath layout serves downsizers and professional couples who value separation over maximum internal space, while the generous parking adds practical appeal in a corridor where street parking is limited. Its position on Northbourne Avenue places it within a high-density, well-connected urban environment, offering proximity to the city centre and inner-north amenities. The property is best suited to owner-occupiers seeking low-maintenance living with strong transport access, or investors targeting tenants who prioritise parking and bathroom count in a central location.
The large shared site size may indicate a complex with potential for future redevelopment or strata levies that could affect holding costs. The Northbourne Avenue address brings exposure and convenience but may introduce traffic noise that could temper appeal for noise-sensitive buyers. The unit’s sale history shows a significant price step from 2009 to 2022, suggesting the market has already priced in much of the corridor’s growth premium. A buyer should weigh whether the configuration advantages justify a price above the 2022 sale level, particularly if floor level or aspect are not premium.
Detailed Independent Property Report prepared by PropCred Analyst team for 37/77 Northbourne Avenue, Turner ACT 2612
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
!
1
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.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
1.58 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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