801/352 Northbourne Avenue, Dickson ACT 2602
801/352 Northbourne Avenue, Dickson ACT 2602
Spacious 2-bed 2-bath on 8th floor | 111m² modern Northbourne unit | Light rail and Dickson walkable | EER 6 double-glazed | Larger than typical corridor stock
A competitive edge is found in the unit’s generous 111m² footprint, which is seen as surpassing most two-bedroom apartments in the inner north. The dual bathrooms and secure parking are considered practical additions. An eighth-floor position is held, which is expected to provide better light and outlooks than lower-level stock, while the modern building includes double glazing and reverse-cycle air conditioning. The location is strongly positioned, with Dickson town centre and the light rail being within a short walk. This unit is best suited to professionals or downsizers who are seeking low-maintenance living without sacrificing space or access.
The unit’s elevated position may reduce street-level noise, but the corridor proximity might still introduce traffic sounds. The exact aspect and internal finishes may influence the final price, as might the balance of strata charges against building amenities. A growing supply of new units in this stretch might temper short-term capital growth, though the rare larger layout is seen as offering defensive quality.
Detailed Independent Property Report prepared by PropCred Analyst team for 801/352 Northbourne Avenue, Dickson ACT 2602
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Dickson’s market is split. Houses are mid-correction, with the median price at $1.02 million after a 7.33% annual decline and a further 1.78% fall last quarter. Units are steadier, holding at $590,000, down 1.34% annually but up 4.98% quarter-on-quarter. Demand centres on first-home buyers, activated by the federal 5% deposit scheme, which explains elevated unit activity: 98 unit sales against 39 house sales in the past year. Houses take 34 days to sell, pointing to measured turnover. Rental returns reinforce the divergence—units yield 5.39% versus houses at 3.39%, both with a $650 weekly median rent. The unit segment, with its higher yield and buyer pool, carries the suburb’s near-term momentum. The constraint is house price softness, which may persist if affordability pressures and interest-rate sensitivity remain.
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PropCred Estimated Value
Comparable Sales: 805/352 Northbourne Ave sold $705,000 | Listed Price Band: $650K–$750K | Value Indicator: 8th floor outlook, 111m² layout, modern condition
Bedrooms
2
Bathroom
2
Parking
1
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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