49/17 Medley Street, Chifley ACT 2606

49/17 Medley Street, Chifley ACT 2606
top-floor 1-bed in established pocket | carport and storage included | larger than modern units | older 1978 build near Woden This apartment is defined by its top-floor configuration within a low-rise complex, offering a floor area that is considered larger than many contemporary one-bedrooms. Practical features such as a carport, storage cage, separate laundry, and a bathtub are included, elements that are increasingly uncommon in newer developments. The property is located in a quiet residential pocket near Chifley Shops and the Woden Town Centre, making it well suited to investors seeking consistent rental demand or owner-occupiers who value space and convenience over modern finishes. The older 1978 construction and low energy rating may be viewed as factors that could influence long-term holding costs. Body corporate fees and land tax might be considered by investors when assessing net yield. The one-bedroom layout may limit the buyer pool to singles or couples, though this also supports stable tenant turnover. These aspects might be weighed against the property’s generous internal space and desirable position.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 49/17 Medley Street, Chifley ACT 2606
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Market Insight:

Chifley presents as an established, family-oriented suburb with a recent market characterised by moderate sales activity but notable price volatility. Demand is anchored by local owner-occupiers, evidenced by a high rate of mortgaged ownership, while a significant portion of single-person households also contributes to the market. Recent price trends for both houses and units have softened, with properties transacting after a typical marketing period. Future performance will be influenced by the suburb’s inherent appeal to families, though constrained stock levels and sensitivity to broader economic conditions present key headwinds.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1.07 ha

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