8 Corella Place, Ngunnawal ACT 2913
8 Corella Place, Ngunnawal ACT 2913
– 8 Corella Place, Ngunnawal ACT 2913 is a detached house on a 491 m² block with 3 bedrooms, 1 bathroom, and 1 car space/carport; the internal building area is 109 m². The property was listed for sale as a house in Ngunnawal.
Level cul-de-sac block|Single-level 1995 build|3-bed 1-bath trade-off|EER 2.5 constraint|Quiet family street
A single-level configuration on a level cul-de-sac block is considered a clear strength for buyers seeking accessibility and a quiet setting. The house was built in 1995 and has been freshly painted throughout, so it is presented in excellent condition. Good natural light and generous living spaces are noted as features that enhance everyday comfort. The 491-square-metre block is regarded as usable and typical of established suburban stock in Ngunnawal. This property is expected to appeal most strongly to owner-occupiers wanting a move-in ready family home, including first-home buyers and downsizers who prioritise single-level living over multiple bathrooms. The configuration is seen as mainstream rather than exceptional, but genuine appeal is added by the overall presentation and location on a quiet street.
The EER of 2.5 may be seen as a minor constraint, though a modest price effect is likely. The single bathroom might be viewed as a limitation for larger families; a premium may not be commanded by the 1995 build. Value may be supported by the well-maintained condition and quiet street. These factors should be weighed when price is assessed.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Corella Place, Ngunnawal ACT 2913
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
This suburb presents a stable, family-oriented market with a clear price premium for houses over units. Demand is driven by professionals and young families, reflected in the demographic composition and consistent purchaser activity. Recent price trends indicate moderate, steady growth, with houses transacting efficiently, suggesting sustained buyer interest. Future performance will hinge on the suburb’s appeal to this established demographic segment, though its reliance on this core buyer profile presents a concentration risk should their economic circumstances shift.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
491m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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