46/44 Jerrabomberra Avenue, Narrabundah ACT 2604

46/44 Jerrabomberra Avenue, Narrabundah ACT 2604
Leafy dual-balcony unit | Strong rental yield potential | Solid capital growth corridor | Low-density complex appeal This property presents a compelling entry point into the Narrabundah market, where its dual-aspect balconies and in-ground pool are uncommon in this price segment. The 65% owner-occupier ratio in the building signals stable demand and lower turnover risk, while the 2019 sale at $452,500 shows measured but consistent growth. It suits a buyer seeking a liveable home with genuine rental backup, or an investor targeting the professional tenant market drawn to the quiet, leafy setting and proximity to Narrabundah College. The bushfire and flood overlays are the primary structural risk, potentially limiting future buyer pools and affecting insurance costs. The FTTB connection is adequate but not a differentiator. The 6/10 energy rating means utility costs are moderate, not exceptional. For a buyer, the opportunity is in the gap between current median pricing and the property’s superior amenity set. Hold as a long-term residence or rent for stable cashflow; the dual-balcony layout and complex amenities provide ongoing tenant appeal without requiring upgrades.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 46/44 Jerrabomberra Avenue, Narrabundah ACT 2604
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Market Insight:

Narrabundah is a well-established suburb with strong capital growth, driven by professional owner-occupiers and investors attracted to its solid rental yields. The housing market has demonstrated robust price appreciation, though this has created affordability constraints. Future demand is underpinned by low vacancy rates and a high proportion of renters, yet the market remains sensitive to fluctuations in supply and broader economic conditions.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1.39 ha

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