4 Grace Place, Amaroo ACT 2914
4 Grace Place, Amaroo ACT 2914
3-bed family home | Amaroo’s owner-occupied street | 6-star energy rating | below-market entry point
This property presents a rare configuration advantage in Amaroo: a detached three-bedroom house on a 374mยฒ lot with a 6-star energy rating and solar, positioned on a street where 80% of neighbours are owner-occupiers and 78% are long-term residents. For a buyer seeking a low-maintenance, energy-efficient home in a stable pocket, the combination of below-median lot size with high site coverage (36%) and a two-car garage offers practical liveability without the premium attached to larger blocks. The school catchmentโAmaroo School within 1km and Gungahlin College at 1.4kmโserves families with school-aged children directly, while the absence of bushfire, flood, or heritage overlays removes common due diligence concerns. The 36% building coverage is efficient for the land size, suggesting the floor plan uses space well, and the 618m elevation provides a slight microclimate advantage over lower-lying parts of the suburb.
The primary risk is the 2015 purchase price of $467,500; while the property has appreciated significantly, the current asking sits below the valuation range of $834,000โ$870,000, which may indicate either a motivated seller or a need for cosmetic updates not disclosed. The 20% rental proportion on the street is low, but any future softening in the Gungahlin market could compress capital growth relative to tighter-supply suburbs. The opportunity lies in the EER 6 rating and solar panels: these reduce holding costs and appeal to energy-conscious buyers, giving the property a differentiation edge in a segment where many comparable homes rate EER 4 or lower. For a buyer who values immediate occupancy with below-market entry and low ongoing utility expenses, this property offers a defensible position in a stable, family-oriented street.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 4 Grace Place, Amaroo ACT 2914
Market Insight:
Amaroo offers established family appeal within Gungahlin, attracting active buyers amid a competitive Canberra market. Demand is driven by strong buyer turnout, though record spring listings signal a potential shift. House prices show steady growth, while the unit market demonstrates notably stronger recent momentum, supported by solid rental yields. The primary risk is increased supply potentially easing competition, transitioning conditions toward buyers.