603/20 Anzac Parks, Campbell ACT 2612

Campbell 5 sub-penthouse | 4-bedroom, 4-bathroom rarity | 3 car spaces in sought-after precinct | 238-294sqm internal area | strong rental yield potential The property’s configuration is its primary competitive advantage. A four-bedroom, four-bathroom sub-penthouse with three parking spaces is exceptionally rare in Canberra’s inner-north, placing it in a supply-constrained segment that commands premium pricing. The large internal area and shared land holding of 1.73 acres within the Campbell 5 Precinct reinforce its status as a lifestyle property, not merely a unit. This suits buyers seeking a lock-and-leave residence with genuine space, or investors targeting high-net-worth tenants who value parking and multiple ensuites. The location near Campbell Primary and High School adds family appeal, while the absence of bushfire, flood, or heritage overlays reduces due diligence friction. Risk lies in the auction timeline and recent history. The property was listed without sale in June 2023 and is now back at auction, which may indicate pricing resistance or a motivated seller. The Domain estimate of mid-$1.84 million sits below the Property.com.au figure of $1.998 million, creating a potential gap between expectation and market reality. Buyers should treat the 2018 sale price of $1.465 million as a floor, not a guide. Opportunity exists if the auction fails to meet reserve, allowing a negotiated purchase below the higher estimate. The rental income of $1,180–$1,590 per week supports a holding strategy, but the yield remains modest for the price point. Hold this property as a long-term inner-north prestige address, not a short-term flip.