504/49 Furzer Street, Phillip ACT 2606
504/49 Furzer Street, Phillip ACT 2606
Top-floor position | panoramic outlooks | dual secure parking | Woden Town Centre | modern two-bedroom
This property occupies a strong position in the Woden market, offering a rare combination of dual secure parking and a top-floor aspect within a modern development. The 81-square-metre internal area is generous for a two-bedroom apartment, and the panoramic views add a scarcity factor that supports long-term demand. It is best suited to owner-occupiers seeking a central, low-maintenance home with a quality finish, or to investors targeting the premium end of the local rental market.
The main risk is the price premium over the local median, which may narrow the buyer pool and slow future capital growth relative to entry-level units. However, the dual parking and elevated position are genuine differentiators in this precinct, and the absence of bushfire, flood, or heritage overlays reduces holding risk. The property’s zoning and priority school enrolment add practical long-term value for families.
Detailed Independent Property Report prepared by PropCred Analyst team for 504/49 Furzer Street, Phillip ACT 2606
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Market Insight:
This suburb presents a nuanced opportunity, with its market currently in a corrective phase following a period of significant price adjustment. Recent trends indicate a softening in values, particularly for houses, while the unit market has demonstrated greater resilience. Demand appears anchored by investors, attracted by rental yields that remain comparatively robust, suggesting a steady income proposition despite the broader price recalibration. Future performance will hinge on the suburb’s ability to stabilise, with key constraints including a limited sales volume that can amplify market volatility and a lack of clear, proximate demand catalysts from major infrastructure or demographic shifts.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
2029m²
Assessments Delivered Today
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