39 Mcintosh Street, Scullin ACT 2614
39 Mcintosh Street, Scullin ACT 2614
**Rising rates risk | slab-on-ground limitations | short hold penalty | rental yield below 4%**
The improved ducted heating and split-system cooling are price-neutral features for this size; the real cost here is the one-percent annual depreciation paid by the prior owner over two years-indicating the street has not held value for short holds. At the midpoint rent-to-value ratio, this property will cash-flow only with a deposit above thirty percent. The fireplace and entertainment deck add lifestyle value but do not lift the land-constrained yield. This is a buy for stable occupancy, not flipping.
The four-star energy rating is strong for the era and the fifteen percent building coverage leaves genuine outdoor space for a family, which is increasingly scarce in Scullin. The plantation shutters and modern gas kitchen are renter-preferred finishes. Two recent sales on McIntosh Street show five-to-seven percent annual growth over multi‑year holds, but one two‑year hold lost money. This property suits a buyer who will hold beyond seven years and value school catchment adjacency over capital growth velocity.
The holding-time pattern on this street tells a clear story: selling inside seven years introduces real downside risk. If you intend to buy, structure your offer to account for a seven-year minimum hold and target a price that aligns with the long-term growth line, not the peak sale at twenty McIntosh Street.
Detailed Independent Property Report prepared by PropCred Analyst team for 39 Mcintosh Street, Scullin ACT 2614
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Insight: Scullin ACT 2614
Scullin presents a market in transition, with recent price trends reflecting a period of softening. Current demand appears anchored by owner-occupiers, with a notable portion of households carrying mortgages, suggesting established residential appeal. The market is characterised by very low vacancy rates, indicating solid underlying rental demand, particularly for units which offer higher yields. Future growth will likely depend on broader economic factors, with the key near-term constraint being the recent negative capital growth trajectory and relatively low sales volume, pointing to a cautious and limited market.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
772m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst