41/146 Ellerston Avenue, Isabella Plains ACT 2905

41/146 Ellerston Avenue, Isabella Plains ACT 2905
# Raw Research Notes: 41/146 Ellerston Avenue, Isabella Plains ACT 2905 ## Property Configuration & Features The property was listed for sale on 18 June 2026 as a townhouse in Isabella Plains. 3 bed 1 bath townhouse | 1.47 ha land anomaly | Flood overlay present | Mid-1990s build | Family demand area This townhouse offers a rare three-bedroom configuration in a low-maintenance format that typically appeals to families seeking priority school access. The property sits within a well-established complex in a suburb where similar townhouses are common, yet the unusually large land size recorded may indicate a unique holding that could offer future flexibility. The mid-1990s construction is typical for the area and generally requires standard upkeep. The estimated rental yield of around 4.1 percent suggests steady investor interest, while the recent capital growth seen in comparable units points to long-term demand from owner-occupiers and investors alike. The property serves best for buyers who value school catchments and connectivity over modern finishes. The flood overlay with a 1 percent annual exceedance probability is a material constraint that may affect insurance costs and renovation approvals. The land size anomaly of 1.47 hectares is inconsistent with typical townhouse subdivisions and may require title verification before any development plans. The single bathroom and likely ground-floor layout are standard for the era but could limit appeal for some buyers. The building age may mean upcoming maintenance for roofing or plumbing. These factors should be weighed against the strong school catchment and recent sales activity in the complex, which suggest stable value retention in this market segment.
Detailed Independent Property Report prepared  by PropCred Analyst team for 41/146 Ellerston Avenue, Isabella Plains ACT 2905
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✓
Income Risk ✓
Execution Risk ! 1
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Market Insight

Isabella Plains is a tightly held, family-oriented suburb with strong owner-occupier appeal, evidenced by its high rate of home ownership. Demand is primarily driven by young professional families, creating a stable market with consistent turnover. Recent price growth has been solid, supported by a very low vacancy rate that underscores tight rental conditions and investor interest. Future growth is anchored in its established community appeal, though the limited available stock for both purchase and rent presents a key supply constraint.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

246m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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