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5/92 Mcmichael Terrace, Denman Prospect$572,500
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5/92 Mcmichael Terrace

Denman Prospect, ACT 2611, Australia
$572,500
2 bed 2 bath 1 car376 m²

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StMate Estimate

Estimated market value today, from comparable sales

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$585,000likely $510,000$795,000

Based on 24 comparable sales near Denman Prospect.

Indicative only, not a formal valuation. Actual value depends on condition and market movement since sale.

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About this property

Welcome to 5/92 McMichael Terrace, a beautifully finished two-bedroom home that offers incredible convenience, effortless indoor-outdoor living and an unbeatable Denman Prospect lifestyle. Just a short stroll from the local shops, you're moments from great coffee, the gym, medical centre and everything you need for day-to-day ease-all within a few minutes. Situated on the ground floor, this home enjoys a northerly aspect, a beautiful courtyard, and with a private street entry, it has more of a townhouse-like feel rather than apartment. A very clever layout provides incredible living separation, practicality and privacy not found in many 2 bedroom apartment designs with both bedrooms set back and away from the living spaces. Having just had a painting refresh, new carpets installed and brand new curtains added, this apartment looks fantastic and simply is ready to move in and enjoy. Both bedrooms are generously sized, with dual wardrobe designs providing a huge amount of clothes storage. The courtyard is an entertainer's dream and connects seamlessly to the internal living spaces. The well-sized kitchen features an extremely generous amount of benchtop and preparation area, while the European laundry compliments the thoughtful design layout and maximises living space. The shared gardens and lawns are beautifully maintained year-round, with lemon trees that often have an abundance of fruit. Comfort is ensured with double glazing, reverse-cycle heating and cooling in the living area and main bedroom, and instantaneous hot water that's conveniently included in the body corporate. Whether you're a first-home buyer, a professional couple, or an investor seeking a low-maintenance, high-appeal property built by Core Development, this home delivers exceptional value and an effortless lifestyle. Property Features Two spacious bedrooms Two modern bathrooms One secure basement car space + secure storage cage Generous 25sqm courtyard Private street entry (townhouse-style feel) Light-filled living space with northerly outlook Freshly repainted, with new carpets and new curtains Quality finishes and a practical floorplan Excellent storage options throughout Double glazed windows Reverse-cycle heating & cooling in living and main bedroom Instantaneous hot water (included in body corporate) Built: 2019 Living: 85sqm Courtyard: 25sqm EER: 6.0 stars Body corporate: $941p/qtr (approx.) Rates: $482 p/Qtr (approx.) Land tax: $575 p/Qtrp (approx. - Investors Only) Rental return: $560 - $590 per week Close Proximity Denman Prospect Shops (coffee, gym, IGA, medical centre) Local cafés and friendly staff Stromlo Forest Park Parks, walking trails and green spaces Public transport Quick access to major roads connecting the Molonglo Valley, Woden, Weston and the City Please note the photographs have been virtually styled. Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
376 m²
Listed
1 month ago

Repayment calculator

$2,775/month
$1,388 /fortnight
Loan $458,000 at 6.10% over 30 years

Upfront costs

Deposit$114,500
Stamp duty$12,086
Conveyancing (est.)$2,000
Total upfront$128,586
Verify with ACT revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Denman Prospect

This 2-bedroom apartment in Denman Prospect, ACT 2611 sits within reach of public transport, local shops and nearby schools. It is listed 28% below the $799,000 median of 65 comparable apartmentswithin 5 km.

Schools near Denman Prospect

  • Evelyn Scott Schoolcombined · K-10 · CoEd

What's nearby

  • Denman Prospect Shops Felstead Vista (bus)149 m away
  • IGA125 m away
  • Unnamed70 m away
  • Unnamed216 m away
  • Unnamed220 m away

Denman Prospect at a glance

Full suburb profile
Population
2,759
Median age
31
Household income
$3,219/wk
Median rent
$498/wk
Median mortgage
$2,400/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Denman Prospect price trend

Median sold · Unit 2 bed

Compound growth +3.0% / yr over 4 yrs

$529kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Denman Prospect market

This listing

Price history

Price history

Listing price changes & sale

2 price changes recorded for this property

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