6/17 Ashley Drive, Wanniassa ACT 2903

6/17 Ashley Drive, Wanniassa ACT 2903
Compact townhouse with study | Tenant secured until 2026 | High energy rating 5.5 | Modern 2013 build This property is positioned as a modern, low-maintenance townhouse in a suburb dominated by older detached housing, giving it a distinct niche. The inclusion of a study adds functional flexibility for remote work, while the 5.5 EER signals efficiency rare in this era of build. A tenant at $510 per week until August 2026 provides immediate income security for an investor. The smaller footprint and newness appeal most to downsizers and first-home buyers seeking practical, efficient living near Erindale shops and transport. The existing tenancy may influence sale price either way — it guarantees cash flow for investors but might limit appeal to owner-occupiers wanting immediate possession. Compact 74m² living area may constrain future value growth compared with larger units in the complex, though the high energy rating and modern construction partially offset that. Body corporate costs were not fully disclosed and could affect holding costs. No bushfire, flood, or heritage overlays were identified, which is a positive risk factor.
Detailed Independent Property Report prepared  by PropCred Analyst team for 6/17 Ashley Drive, Wanniassa ACT 2903
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✓
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Market Insight

Wanniassa is a well-established family suburb in Tuggeranong, characterised by strong owner-occupier demand. The market is driven by family households, supported by local schools and community amenities. Recent price growth has been robust, with houses appreciating strongly while units show more moderate gains. The market is tight with low sales volumes and limited rental supply, indicating sustained demand. Future growth is underpinned by this scarcity and demographic stability, though affordability remains a key consideration given the established price point.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1886m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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