41 Bokhara Circuit, Kaleen ACT 2617
41 Bokhara Circuit, Kaleen ACT 2617
1979 brick house | 781 m² block | 3 bed, 1 bath | strong family catchment | value-add potential
This house holds a genuinely competitive position in Kaleen because of its land-to-building ratio. At 781 m² with only a 121 m² footprint, the property offers rare outdoor space and redevelopment flexibility that most newer or smaller-lot homes in the suburb cannot match. The 15% building coverage signals headroom for extension, a second bathroom, or a more modern layout, which matters for buyers who want to grow into a home rather than move again. Its placement within the Kaleen Primary and UC High priority enrolment areas strengthens its appeal to families, while the four car spaces—two garage, two open—answer a practical need that many comparable houses overlook. The property serves best a buyer who values land and location over turnkey presentation, and who is prepared to invest sweat equity to unlock the block’s potential.
Value may be shaped by the house’s age and modest internal size relative to the land. A 1979 build with one bathroom and 121 m² of living space could feel dated or cramped against renovated competitors, which might temper bidding intensity among convenience-focused buyers. However, the large block and absence of bushfire, flood, or heritage overlays may allow for future improvements—such as a bathroom addition or kitchen update—that could lift rental return from the estimated $625 per week or resale appeal. Buyers should weigh the cost of modernisation against the price paid, since the property’s worth likely hinges on what is done with the land, not the current dwelling alone.
|| Comparable Sales: 26 Warrego Circuit sold recently with 4 bed, 2 bath on 918 m² | Property Price Band: $850K–$950K | Value Drivers: land size, building coverage, school catchment, renovation potential
Detailed Independent Property Report prepared by PropCred Analyst team for 41 Bokhara Circuit, Kaleen ACT 2617
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Kaleen is a family-dominated Canberra suburb where 76% of households are families, drawing high-income and public-sector buyers. Demand is underpinned by tight supply: vacancy is 0.33% and listings sit 21.4% below the five-year average. Median house prices range from $1.035 million to $1.065 million depending on the measure, with annual growth between 2.81% and 7.57%; houses clear in 32 days, with 74 sales reported. The rental market is firm, with a 3.41% gross yield and median weekly rent of $700. Affordability and rate sensitivity are the main risks, though constrained supply offers tailwinds.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 26 Warrego Circuit sold recently with 4 bed, 2 bath on 918 m² | Property Price Band: $850K–$950K | Value Drivers: land size, building coverage, school catchment, renovation potential
Bedrooms
3
Bathroom
1
Parking
4
Land
781m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!