87/20 Allara Street, City ACT 2601

87/20 Allara Street, City ACT 2601
10th floor with views | 85sqm larger than typical | double glazing and stone finishes | CBD walkability advantage | single bathroom constraint This 10th-floor apartment holds a distinct configuration edge within the City suburb, its 85 square metres of internal space being noticeably larger than many comparable two-bedroom units. The modern finish package, including double glazing and stone benchtops, places it above basic stock, while secure parking and a storage cage improve daily liveability. Its central CBD position offers unmatched walkability to employment, dining, and services, which makes it well suited to owner-occupiers seeking convenience or downsizers wanting quality low-maintenance living. The building amenities, including a gym and communal garden, further differentiate it from lower-floor alternatives, and the higher elevation likely reduces street noise while improving outlook. The single bathroom configuration may limit appeal for households wanting more flexibility, though it remains standard for this apartment class. Value might be influenced by the building’s age and strata management quality, which have not been directly confirmed from available evidence. Surrounding CBD development activity could also affect outlook or amenity over time, so due diligence on the building’s condition and any planned works is recommended when forming a view on price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 87/20 Allara Street, City ACT 2601
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Market Insight:

Canberraโ€™s central suburbs present a tightly held, owner-occupier market underpinned by stable public sector and professional demand. Competition is strengthening, particularly from first-home buyers, within a supply-constrained environment where listings remain low. Recent price growth has been measured, with houses outperforming units, supported by resilient rental conditions and a critically low vacancy rate. Future growth is anchored to this persistent demand-supply imbalance, though affordability pressures and inconsistent development pipelines present ongoing constraints to entry and expansion.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1380mยฒ

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