79 Webster Street, Hughes ACT 2605

Original 1960s house on 691sqm in Hughes | walk to shops, primary and college | EER 2.0 signals full renovation needed | three-car parking on a quiet street The buying case rests on land position and scarcity. A 691sqm block in Hughes with no heritage or flood overlay gives a buyer optionality that few nearby listings offer. The original condition is not a drawback but a blank slate for a renovation that lifts the EER from 2.0 and reconfigures the floorplan. The master suite with walk-in and ensuite, plus the separate living and dining zones, already suit a family wanting single-level living. The street is owner-occupied and quiet. This property suits a buyer who wants to add equity through a targeted renovation or hold for land appreciation in a suburb with 61 percent auction clearance and strong family demand. The risks are the low energy rating and the age of the structure. A full rewire, insulation upgrade, and new glazing will be necessary, and any extension requires ACT Planning approval. The estimated value sits below the asking price, so the buyer must negotiate from the land value and renovation cost. The rental yield at $760 per week is modest against the purchase price. The commercial logic is to renovate to a mid-spec finish, improve the EER to at least 4.0, and either live in it for the lifestyle amenity or sell into the strong clearance market. Hold this property for the land, not the house.