5 Cartledge Street, Casey ACT 2913

5 Cartledge Street, Casey ACT 2913
4-bed family home | 447m² block | 2014 build | bushfire overlay | near nature reserve This property presents a competitively strong, modern family home in a tucked-away position near Kinlyside Nature Reserve, aligning with the typical stock of newer Casey developments. Its four-bedroom configuration on a near-450m² block serves the family buyer segment directly, supported by proximity to schools and reliable infrastructure. The 2014 construction date suggests modern building standards, though the medium energy efficiency rating of 5.0 indicates potential upgrade costs for comfort and running expenses. The primary decision mechanism is the bushfire overlay, which imposes specific insurance costs and construction constraints, directly impacting holding costs. The elevated block at 670m offers outlook benefits but may exacerbate exposure. For a buyer, the commercial logic is securing a turnkey family home in an established growth corridor. Hold this property as a long-term primary residence to offset the land tax liability, which applies if rented. Our analysis can precisely quantify the overlay’s insurance premium impact and provide current sales evidence to test the listed price expectations. Recent sales data is limited, but the property’s own 2017 sale at $685,000 provides a historical baseline, indicating significant capital growth over the past seven years. This trajectory is consistent with the broader Gungahlin region’s expansion.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Casey is positioned as a modern, family-oriented suburb within Canberra’s expanding northern corridor, supported by established local infrastructure and quality public schooling. Demand is primarily driven by young families and first-home buyers, attracted by its proximity to the city and supported by government incentives. The housing market demonstrates steady activity with moderate vendor negotiation periods, though affordability pressures present a constraint for entry-level buyers amidst broader interest rate sensitivity.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

447m²

Built

Recent Assessments