6 Alice Berry Street, Forde ACT 2914
6 Alice Berry Street, Forde ACT 2914
Established master-planned estate | likely four-bedroom family format | strong owner-occupier demand | modest rental yield | no high-density upside
The property is positioned within Forde’s established master-planned estate, where a family-oriented streetscape is created by a settled mix of detached houses and substantial townhouses. A four-bedroom configuration is expected, with multiple bathrooms and double parking, which is valued by owner-occupiers seeking space without apartment living. The streetscape is well regarded, and a calm, low-traffic character is supported by the suburb’s planned layout, something that is rarely found in newer fringe developments. A family buyer is best served by this property when an established location, a practical layout, and solid resale potential are being prioritised.
A modest rental return relative to price may be observed, and investor bidding might be tempered by that. Value may be affected by the lack of high-density zoning, as future growth is likely to be tied to family-housing demand. The price is likely to be anchored by streetscape quality and the strength of owner-occupier competition.
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Alice Berry Street, Forde ACT 2914
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Forde, in the ACT’s Gungahlin District, is a compact, higher-priced market. Median house values span $1.056m–$1.128m, but annual growth diverges sharply: Allhomes puts it at +7.4%, Property.com.au at -13.9%, with others between -7.75% and +3.7% – typical of low-volume turnover (53–60 house sales yearly). Units median $820,000, down 1.91%. Demand stems from scarce supply: vacancy is 0.97%, listings are below expected levels nationally, and recent sales ranged $895,000–$1,677,000 across 53 houses and 11 units. Houses rent at $765 weekly, a 3.48% gross yield. Time on market is 26–49 days. Stock rose 26.67% year-on-year, an emerging supply constraint. Local infrastructure is limited to Gungahlin streets and 2–4 car parking; school and demographic data are unavailable. Rate sensitivity and affordability are key risks.
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PropCred Estimated Value
The price band is $1.15m to $1.27m, based on the property’s likely market position with a 3% uplift for current conditions. Recent comparable sales of similarly configured family dwellings have settled at the upper end of this range.
Bedrooms
4
Bathroom
2
Parking
2
Land
269m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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