59 Wake Cres, Jacka ACT 2914

59 Wake Cres, Jacka ACT 2914
Modern 4BR on large block | Jacka’s young family demand | Rare architectural edge in new suburb | First-week listing advantage The property’s architectural distinction on a generous 584mยฒ block creates immediate competitive separation in Jacka’s market, where most listings fall within conventional builder designs. This matters because the suburb’s demographic skewโ€”76% aged 20-39โ€”indicates strong demand for modern family homes with visual presence, yet median days on market sit at 72, suggesting buyers here are selective. The property’s early listing position (day one) offers the rare chance to negotiate before auction fatigue sets in, though the asking price sits well above the suburb’s $1.275m median for four-bedroom houses, implying the vendor expects a premium for design. The primary risk is valuation gap: comparable sales data suggests the price may exceed what recent transactions support, particularly given zero auction clearance rate in the area. However, the limited supply of architecturally distinctive homes in Jacka could justify the premium for the right buyerโ€”likely a professional family valuing aesthetics over pure square-metre economics. The property’s proximity to two catchment schools within 1.6km strengthens its appeal to this cohort. Buyers should verify whether the design features translate to functional living space, as the 190mยฒ internal area is modest for a four-bedroom home at this price point.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 59 Wake Cres, Jacka ACT 2914
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Market Insight:

Jacka presents as a young, established suburb with a notably tight sales market, indicating strong underlying demand. Recent sales activity has been limited, suggesting a constrained supply environment that supports price stability. The demographic profile skews younger, pointing to demand from new families and professionals. Future growth will be anchored by this demographic continuity, though the primary constraint remains the low volume of available stock, which can lead to competitive purchasing conditions when properties do come to market.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

584mยฒ

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