48/122 Macarthur Avenue, Turner ACT 2612

Brand new | zero parking risk | heritage overlay | 57sqm compact footprint | no settlement history to verify. The decision hinges on a specific risk: the heritage zone overlay may restrict future modifications or strata approvals, costing time and legal fees without clear resale upside. The compact 57sqm floorplan at $380k list is competitive against Turner’s $465k-$520k median estimates, but the lack of parking isolates this unit to car-free buyers. This property is a strict hold for cash flow, not capital growth, and best suited as a long-term rental with tenants who value location over space. The buying case rests on the rarity of a 2025 build in Turner at $380k, where new supply commands premiums. The 6.0 EER saves roughly $200-$300 annually versus older stock, and the 5G coverage and school catchments support tenant demand. This suits a first-time investor or downsizer who walks or cycles to the city centre. The sustained gap between the $340k sale in February 2022 and today’s list suggests the seller has limited room to negotiate, but the 9-day listing period signals urgency. Step forward with a conditional offer tied to a heritage check and building inspection, before the inspection day drives competition.