49 Thynne Street, Bruce ACT 2617
49 Thynne Street, Bruce ACT 2617
3-bed 3-bath townhouse | mid-to-upper Bruce configuration | strong rental demand near UC and hospital | courtyard and dual parking | FTTP connected
This townhouse holds a competitive edge in Bruce’s medium-density corridor because its three-bedroom, three-bathroom layout is less common than the standard three-bed, two-bath townhouse, giving it broader appeal for owner-occupiers and investors alike. The courtyard, secure carport, and additional open parking space add practical everyday value, while the property’s position near the University of Canberra, hospital precinct, and GIO Stadium supports consistent rental interest. It suits professionals, downsizers, or investors seeking a low-maintenance home with strong tenant appeal in an education-and-employment-adjacent pocket.
The property’s value may be influenced by its position within a multi-unit development, where strata fees and shared maintenance responsibilities could affect ongoing costs and resale appeal. Its three-bathroom configuration might command a premium over typical townhouses, but the absence of a confirmed built year or energy rating could make comparison less straightforward. Buyers should weigh the benefit of modern fixtures and dual parking against potential body corporate obligations, and consider how the townhouse’s courtyard and layout compare to other options in the corridor when forming a price view.
|| Comparable Sales: 3-bed townhouse at 20/17 Thynne Street sold for $810,000; 3-bed 3-bath townhouse at 24/17 listed near $819,000 | Property Price Band: $700,000–$800,000 | Value Drivers: three-bathroom layout, dual parking, location near UC and hospital precinct
Detailed Independent Property Report prepared by PropCred Analyst team for 49 Thynne Street, Bruce ACT 2617
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Bruce, in Canberra’s Belconnen district, is anchored by childless professional couples repaying $1,400–$1,799 monthly; 46.6% of homes are owner-occupied, up from 39.6% in 2016. Median house price is $979,000 with -0.61% annual growth, 48 days on market and only 41 sales. Units are softer: $567,000, -6.67%, 74 days on market, though 5.40% yields and 140 sales sustain investor interest. University of Canberra proximity and above-average public schools support rental demand; Belconnen transport links aid professional commutes. Tighter Canberra supply supports house values, but high entry prices, rate-sensitive mortgages and possible unit oversupply constrain upside.
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PropCred Estimated Value
Comparable Sales: 3-bed townhouse at 20/17 Thynne Street sold for $810,000; 3-bed 3-bath townhouse at 24/17 listed near $819,000 | Property Price Band: $700,000–$800,000 | Value Drivers: three-bathroom layout, dual parking, location near UC and hospital precinct
Bedrooms
4
Bathroom
2
Parking
2
Land
504m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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