60 Ormond Street, Turner ACT 2612
60 Ormond Street, Turner ACT 2612
Unclear address | Different property data | No comparable sales | Risk of misinformed decision | Critical to verify exact property
The available public data pertains to 56 Ormond Street, not 60. Using this information for a decision on 60 Ormond Street carries a material risk of mispricing and misjudging land value, as size and condition between two houses on the same street can vary significantly. Without confirmed title details, zoning, and recent sale history for the specific property, a buyer cannot establish a defensible offer price. Buyers are advised to treat any current assumptions as provisional and to not proceed without direct verification of the land records for number 60.
What is competitively strong about this Turner location is its proximity to the city, ANU, and Haig Park amenities, which supports stable demand for houses on larger blocks. If 60 Ormond Street matches the 948m² land size seen at number 56, its scarcity in this inner-north market is a genuine advantage for a buyer seeking land banking or future development optionality. This property best serves a long-term holder who values land leverage over immediate dwelling condition. A formal title search and a physical inspection are the only next steps that can convert this opportunity from speculation to a validated decision.
Detailed Independent Property Report prepared by PropCred Analyst team for 60 Ormond Street, Turner ACT 2612
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Turner is an established inner-north suburb prized for its proximity to the Canberra CBD. Demand is driven by a young, professional demographic seeking urban convenience, supported by strong recent sales activity. The market demonstrates solid turnover, with houses and units moving at a measured pace. Future growth is underpinned by sustained population increases, though the limited volume of house sales suggests a tightly held market that may constrain supply.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
947m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!