4 Johnston Street, Narrabundah ACT 2604

Large family home on 974m² | Pool & dual living areas | Upstairs master retreat | Four-car accommodation | Leafy, elevated position This property presents a competitively strong offering for a family seeking space and amenity in a central location. Its rare combination of a large, flat block, a solar-heated pool, and four separate car spaces is uncommon in the suburb. The dual living areas and upstairs master suite create a functional layout for both family living and private retreat, serving a buyer who values both entertainment space and separation. The primary decision involves navigating the broad auction estimate range, which reflects market uncertainty and the cost of competing for a scarce configuration. The low rental yield indicates this is a lifestyle purchase, not a high-income investment. Proceed with a firm budget limit; its value is in long-term owner-occupation, not short-term gain. Recent sales history provides context for the current price trajectory: – Dec 2010: Sold for $965,000 – Dec 2017: Sold for $1,202,500 – 2026 Estimate: ~$2.24 million The 86% increase since 2017 significantly outpaces general market growth, demanding scrutiny. This acceleration suggests the property’s specific upgrades and block size are commanding a premium, but also places it at the higher end of its potential valuation.