608/82 Wentworth Avenue, Kingston ACT 2604
608/82 Wentworth Avenue, Kingston ACT 2604
Penthouse with full-floor presence | 130m² internal, 2-car secure garaging | Walk to Kingston Foreshore | 80% owner-occupied building | Rare dual-aspect layout
This penthouse occupies a genuinely advantaged position within a well-regarded Bloc-built complex where owner-occupier majority stabilises both building care and resident profile. The 130m² floorplate is generous by contemporary apartment standards, delivering separation between master and secondary bedrooms that suits downsizers or professionals sharing. Floor-to-ceiling glazing and ducted heating and cooling are expected at this price point, but the integrated appliances and dual-sink ensuite indicate the vendor specified for livability rather than resale theatrics. The property suits a buyer prioritising walkable inner-south amenity over house-and-land space, particularly those who value being in a building where most neighbours are owners.
The primary risk is that the 6.0 EER, while acceptable, is not leading-edge for a 2024-era apartment and may face scrutiny as energy standards tighten. The $52,435 annual rates are high and should be stress-tested against comparable penthouses. No off-street visitor parking is mentioned, which may inconvenience guests. The opportunity lies in the building’s low rental turnover-20%-which typically supports capital stability. Hold as a primary residence for lifestyle adjacency to the lake and parliamentary triangle; consider it a long-term position in a supply-constrained suburb where larger apartments are infrequently offered.
Detailed Independent Property Report prepared by PropCred Analyst team for 608/82 Wentworth Avenue, Kingston ACT 2604
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Kingston is a well-connected inner-south suburb with access to quality schools and urban amenities. Demand is driven by young professionals and investors, particularly for its apartment market, which sees strong transaction activity. Recent price trends indicate a softening market with notable declines, presenting affordability challenges. Future growth is supported by steady population needs, though the market faces constraints from high entry prices and sensitivity to broader economic conditions.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
1.13 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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