809/1 Corinna Street, Phillip ACT 2606

New two-bedroom apartment in central Woden | modern build with strong amenity | suited to professionals or downsizers | rental demand supported by location and finishes. The property sits within a brand-new complex with a practical 74-square-metre layout, double parking, and access to a lap pool and gym. Its position near Westfield Woden, government offices, and public transport makes it a logical choice for professionals working in the area or downsizers seeking low-maintenance living. The 6.0 energy rating and double glazing contribute to ongoing efficiency, which is a genuine advantage for holding costs. Rental estimates around $670 to $700 per week suggest reasonable investor appeal, though the local auction clearance rate of 25 percent and average 84 days on market indicate a slower sales environment that may affect resale timing. The main constraint is the unresolved price picture, with guides ranging from $570,000 to $600,000 and no clear signal on where fair value sits in a soft market. Strata levies at $938 per quarter are not unusual for a new complex with amenities, but the block-level land tax and rates data require careful apportionment to confirm the individual unit’s holding costs. The question that remains is whether the premium for new construction will hold its value in a market where similar units have taken nearly three months to sell.