39 Benjamin Way, Belconnen ACT 2617

39 Benjamin Way, Belconnen ACT 2617
Unit in Belconnen | 2-3 bed configuration | strong long-term resident base | gym & pool access | Florey Primary catchment This property presents a competitively strong option for an owner-occupier seeking space and amenity within a well-established complex. The potential for a third bedroom or study, combined with building features like a gym and pool, offers a lifestyle premium uncommon in many units. It best serves a buyer prioritizing school catchment stability, given its placement for Florey Primary and UC Lake Ginninderra, within a community showing a solid 31% long-term residency. Decision hinges on resolving significant data inconsistencies regarding its exact layout and true lot entitlement, which directly impact valuation and financing. The mixed sales performance within the complex underscores the need for a precise, unit-specific assessment. Proceed only after a professional strata report and title search to clarify common property costs and physical boundaries; this property is suitable as a long-term hold for an end-user. Our analysis would ground your offer with a reconciled market valuation and detailed checks on strata health and locality risks. Recent sales within the complex show varied performance: – Unit 110 (2 bed): Sold for $420,000, showing -1.85% annual growth. – Unit 31 (3 bed): Sold for $675,000, achieving 3.72% annual growth. – Unit 215 (2 bed): Sold for $675,000, achieving 4.58% annual growth. This dispersion confirms that value here is highly specific to unit size, condition, and aspect, not the building address alone.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Belconnen is a well-established commercial and residential hub offering relative affordability and excellent connectivity, attracting young professionals, first-home buyers, and investors. Demand is driven by high rental yields, steady employment in nearby government and retail sectors, and proximity to educational institutions, supported by a tight rental market. Recent price corrections reflect broader interest rate sensitivity, though low sales volume indicates constrained supply. Future stability hinges on sustained rental demand and population growth, with affordability and limited stock presenting ongoing constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

3741mΒ²

Assessments Delivered Today

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