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This property has been sold for $420,000 on 5 May 2026

50 days on market

PropRadar's estimate today

$391,154

Range $366,709 to $428,093

Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.

Market context at sale

Suburb cycle phase
Rising
RBA cash rate
4.10%
Suburb median (May 2026)
$537,500(-22%)

30/2 McMichael Terrace, Denman Prospect, ACT, 2611

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Asking Price

$420,000

Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.

1 Beds1 Baths1 Cars
Land: 9,199 m2
Floor: 51 m2

Property overview

This 1-bedroom apartment at 30/2 McMichael Terrace in Denman Prospect, ACT 2611 sold for $420K in May 2026, with 1 bathroom and parking for 1. It offers 51 m2 of internal living space. Denman Prospect sits about 9.5 km from the CBD, where the median unit price is $605K. There are 11 schools within roughly 5km, and the area scores 13 for walkability and 5 for transit out of 100.

For sale now

Recently sold nearby

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $420,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

50

Investment Score

Essentials feature

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Denman Prospect at a glance

Unit market signals | ACT 2611

Full suburb profile

Median

$605K

Market signals

To CBD

10 km

Est. Valuation

$423,700

Potential Sell Price

Est. Rent/wk

$525

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 31% below suburb median
Suburb declined -3.5% last year
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Subdivision & Development Potential

RZ5High Density Residential Zone

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$420,000
Stamp Duty (Australian Capital Territory)
$8,680
Transfer/Registration Fee
$479
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$431,859

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Medium Density
Listed
Last Updated
Postcode
2611

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