57/23 Wanderlight Avenue, Lawson ACT 2617

57/23 Wanderlight Avenue, Lawson ACT 2617
3 bed 2 bath 2 car townhouse | Modern estate near University of Canberra | Tight comparable cluster near $700k | Bushfire overlay | Strong tenant demand A solid competitive position is held by this townhouse within Lawson’s established townhouse precinct. It is configured as a three-bedroom, two-bathroom dwelling with a double garage, set within a planned estate integrated into a genuinely mixed suburban area. This position is most attractive to investors and owner-occupiers, with strong proximity to the University of Canberra, the hospital and Belconnen Town Centre. The open-plan living, modern finishes and private courtyard are clear strengths when measured against similar stock. The balance of rental appeal and liveability is the property’s key advantage. The bushfire overlay detected across the estate may influence insurance premiums and lending assessment. Value might also be shaped by presentation quality and the specific position within the complex, particularly whether a quieter setting is offered. Configuration is a known sensitivity, with larger four-bedroom versions achieving a noted premium in recent sales. Current rental demand may support yield expectations, though broader sales volume has cooled and should be weighed when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 57/23 Wanderlight Avenue, Lawson ACT 2617
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ! 1
Execution Risk ✓
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Lawson, in the ACT’s unincorporated council area, presents a bifurcated market. House prices have surged 20.86% annually to a $827,500 median, while units have fallen 9.42% to $625,000, with a 69-day median selling period. Transaction volume favours units—63 sales against 12 houses—pointing to investor demand underpinned by a 5.36% gross yield versus 4.24% for houses. Rents for units average $670 weekly, houses $795. The 2-bedroom unit segment trades at $562,000 across 23 sales. Future growth reflects the lot size spread from 329m² to 2.21 acres, but the soft unit market and thin house turnover remain constraints.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Comparable Sales: 27/23 Wanderlight Avenue sold for $692,100; 55/23 Wanderlight Avenue sold for $750,000 | Listed Price Band: $650K-$750K | Value Indicator: condition and presentation, layout, courtyard space

Bedrooms

3

Bathroom

3

Parking

2

Land

2.21 acres

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat