44/1 Oxley Street, Griffith ACT 2603
44/1 Oxley Street, Griffith ACT 2603
44/1 Oxley Street is a fully renovated ground-floor 1-bedroom apartment within the Manuka Park Serviced Apartments complex featuring a spacious private courtyard, 1 bathroom, and 1 parking space on a site listed as 3,634 m² (likely the total complex land size, not individual unit allotment, as units typically have no separate title land). The property was listed for sale on 18 June 2026 as an apartment/unit in Griffith.
Ground-floor unit | private courtyard | fully renovated interior | serviced apartment complex | high holding costs
This unit is competitively positioned as a fully renovated ground-floor apartment with a private courtyard, a feature that is genuinely rare for one-bedroom units in established suburbs like Griffith. The renovation removes immediate maintenance concerns, and the serviced-apartment complex adds a layer of convenience that appeals strongly to investors and downsizers seeking low-maintenance living. The private outdoor space, combined with ground-floor accessibility, broadens the buyer pool beyond typical unit buyers to include those with mobility considerations or a preference for garden access. In Griffith, where family homes dominate, this unit serves a specific but active niche: singles, couples, or investors who prioritise location, ease, and a turnkey interior.
The value of this property may be materially affected by its recurring costs. Body corporate fees and land tax, if rented, are significant relative to the unit’s size, which could compress net yield for investors and narrow the pool of buyers who can justify the holding expenses. The serviced-apartment structure may also limit individual control over common facilities or future levy increases. Buyers should weigh the total annual outgoings against comparable units in the area to form a clear picture of long-term affordability. The renovated interior and courtyard are genuine strengths, but the financial carry is a factor that deserves close attention when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 44/1 Oxley Street, Griffith ACT 2603
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Griffith is a premium suburb with house prices well above the territory average, attracting a mix of owner-occupiers and investors. Demand is supported by strong rental returns, particularly for units, which outperform the broader market. Recent price trends show a nuanced market with varying growth signals, while houses transact relatively quickly. Its position at the upper end of the market presents both its appeal and a key constraint regarding affordability and sensitivity to economic conditions.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
3634m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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