50 Chillagoe Street, Fisher ACT 2611
50 Chillagoe Street, Fisher ACT 2611
50 Chillagoe Street, Fisher is a single-story house built in 1972 with 926 m² of land and 129 m² of internal space. It offers three bedrooms plus a study, one bathroom, and two car spaces. The property has an energy rating of EER 1, reflecting low thermal efficiency.
The property is competitively positioned in Fisher due to its significantly larger land size compared to typical suburban blocks, which is a rare feature in this mature, family-oriented suburb. This generous land area offers potential for expansion, renovation, or subdivision, making it particularly attractive to families seeking space or investors looking for development upside. The inclusion of a study adds functional flexibility, appealing to buyers who require a dedicated workspace. The house serves best those who value land over immediate modern finishes and are comfortable with a project property.
Factors that may materially affect value include the low energy rating, which could lead to higher ongoing utility costs and might deter buyers prioritizing efficiency. The single bathroom is a constraint for larger families and may limit appeal in a market where two bathrooms are increasingly expected. The 1972 build may require structural or systems upgrades, which should be weighed when forming a view on price. The study is a common feature locally, so it does not provide a distinct competitive edge.
Detailed Independent Property Report prepared by PropCred Analyst team for 50 Chillagoe Street, Fisher ACT 2611
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Fisher presents as a family-oriented suburb within Canberra’s Weston Creek district, with demand primarily driven by larger households seeking established homes. Recent market conditions reflect a period of price adjustment across both houses and units, indicating a more subdued environment. While its established infrastructure and high sales activity suggest underlying interest, the suburb faces headwinds from current price volatility and sensitivity to broader economic factors.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
926m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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