4/48 Holyman Street, Scullin ACT 2614

2 bed townhouse | north-east wraparound gardens | boutique 10-property complex | Scullin’s quiet end-of-street | owner-occupier majority The property’s strongest buying case is its rarity in Scullin: a 2-bedroom townhouse on a 187m² lot with a north-easterly aspect and wraparound gardens, positioned at the end of a quiet street in a boutique complex. This configuration suits downsizers or first-home buyers seeking low-maintenance living with outdoor space, and the owner-occupier-heavy complex (60%) suggests stable community and fewer rental management issues. The 2019 purchase price of $382,000 versus a current estimated value of $630,000 reflects significant capital growth, but the low recent sales activity in the building and suburb means comparable evidence is thin-buyers must rely on the property’s unique physical position rather than market momentum. The key risk is limited liquidity: no building sales in 12 months and only 3 two-bedroom houses sold in Scullin this year, which could slow resale. The scheduled auction on 16 May creates a defined timeline but no disclosed price, so buyers should pre-set a firm ceiling based on the $520–$610pw rental potential (a 4.7% gross yield at $630k). The FTTN NBN and 5G coverage are functional but not differentiators. For a buyer, this townhouse works as a hold-and-occupy or hold-and-rent play, not a quick flip-its garden and aspect are the durable edge.