43 Mcinnes Street, Weston ACT 2611
43 Mcinnes Street, Weston ACT 2611
1970 land-rich house | 817m² block | EER 1.5 | tight rental demand | family-focused suburb
This is a classic land-heavy family proposition. The 111m² living area on an 817m² fully fenced block gives you rare outdoor space in a mature suburb where newer stock trades yard for footprint. The ducted gas heating and updated evaporative cooling make the interior habitable year-round, while new carpets and an updated dishwasher reduce immediate move-in costs. The 28m² garage plus 32m² carport is generous for the era, and the approved ensuite—though requiring floor plan alteration—offers a clear path to improved functionality. This property serves families or investors seeking strong rental demand, evidenced by the 0.60% vacancy rate and $675–$695/week rental appraisal. Its low EER of 1.5 is typical for 1970s construction, so energy efficiency should be factored into ongoing costs rather than treated as a surprise.
The land value of $599,000 against rates of $3,610 and land tax of $6,834 if rented positions this as a land-driven purchase. The 2025 valuation suggests the block itself carries most of the property’s worth, meaning the house’s older fabric may not heavily discount the price. However, the low EER and dated construction may limit appeal to buyers prioritising sustainability, and the ensuite alteration implies some layout inefficiency that could require modest investment. The large backyard and corner-style openness are genuine draws, but the property’s value may hinge on how a buyer weighs land security against modernisation costs. Weston’s established character and proximity to Cooleman Court and Woden town centre support steady demand, making this a sound choice for those prioritising space and location over turnkey condition.
|| Comparable Sales: 2 Conder Street duplex sold $750,000; 112 McInnes Street similar house with EER 2.5 | Property Price Band: $900K–$1.0M | Value Drivers: land size, approved ensuite potential, rental yield strength
Detailed Independent Property Report prepared by PropCred Analyst team for 43 Mcinnes Street, Weston ACT 2611
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
The suburb’s median house price is $997,000, with three-bedroom homes at $865,000 and four-bedroom homes at $1.195 million. Sales data show strong owner-occupier demand: 24 of 32 transactions were three or four-bedroom houses. Annual growth is just 1.0%, and turnover is thin—50 sales reported by one source, 32 by another. The key risk is affordability at the top end, where four-bedroom stock trades 20% above the median. No infrastructure, supply, or rental data are available, so future growth drivers remain unquantified.
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PropCred Estimated Value
Comparable Sales: 2 Conder Street duplex sold $750,000; 112 McInnes Street similar house with EER 2.5 | Property Price Band: $900K–$1.0M | Value Drivers: land size, approved ensuite potential, rental yield strength
Bedrooms
3
Bathroom
2
Parking
2
Land
817m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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