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Overview
31 Banfield Street,
This updated, light-filled home is ideally located just metres from a light rail stop and within a short walking distance to popular cafes in both Watson and Downer. The property offers excellent rezoning potential, with a draft planning amendment proposing a change from RZ1 to RZ4 zoning, allowing for three-storey development. This presents a strong opportunity for future growth, making the property suitable for families or developers.
The residence has been recently renovated and features a fully updated kitchen, timber flooring throughout, and fresh carpet in the bedrooms. Comfort is enhanced by a new ducted reverse cycle air conditioning system, complemented by an impressive 10kW solar panel array that often results in a credit on the household electricity bill.
The spacious open-plan living area is warm and inviting, with a renovated kitchen that includes generous benchtop space, a breakfast bar, ceramic cooktop, pyrolytic oven, dishwasher, and ample storage. Adjacent to the kitchen is a laundry area that provides additional functionality and storage options.
A slow combustion fireplace serves as a cozy focal point in the generous lounge, which opens onto a covered entertaining area equipped with lighting and offering a private outlook over the rear garden. The gardens are designed for low maintenance, featuring a rear gate that provides direct access to the nearby light rail stop. The front garden is neatly framed by hedging, and the verandah offers a peaceful spot to relax.
The property includes a double garage and a large garden shed, completing the practical aspects of the home. The location offers the best of Inner North living, with a relaxed stroll to cafes and a short light rail trip to the Dickson dining and shopping precinct, the city centre, or local farmers’ markets. The area is also well-serviced by sought-after schools, including zoning for Lyneham Primary and High School and Majura Primary School.
Additional details include an approximate unimproved value of $800,000 and rates of approximately $4,695 annually.
Key features of the property include:
- Rezoning potential with proposed RZ4 (three-storey) development zone under Draft Major Amendment DPA-09
- Light-filled home located just metres from a light rail stop and within walking distance to popular cafes
- New ducted reverse cycle air conditioning system supported by a 10 kW solar system
- Spacious open-plan living areas
- Updated kitchen with large benchtop, breakfast bar, ceramic cooktop, pyrolytic oven, dishwasher, and ample storage
- Generous lounge with slow combustion wood heater opening to covered entertaining area with private garden outlook
- Spacious primary bedroom with built-in robes
- Quality carpet and tab-top curtains in all three bedrooms
- Updated bathroom with separate toilet
- Large laundry with storage
- Double garage and large garden shed
- Convenient light rail access to dining, shopping precincts, city centre, and farmers’ markets
- Proximity to sought-after schools including Lyneham Primary and High School and Majura Primary School
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Downer ACT 2602
Market Insights for Downer ACT 2602
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