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Overview
This carefully maintained single-level home, constructed in 2013, offers a secure investment opportunity backed by a long-term Defence Housing Australia (DHA) lease active until August 2029. Such government-backed leases provide unparalleled security, ensuring consistent rental income regardless of tenant occupancy, which suits investors seeking peace of mind with minimal management responsibilities.
Situated in the sought-after suburb of Forde within the Gungahlin district, the property benefits from proximity to natural reserves like Mulligans Flat Nature Reserve, alongside convenient access to local schools, shops, and parks. This location underpins strong demand and prospects for capital growth.
The residence spans approximately 171.78 square metres including living areas, garage, and portico, on a 425 square metre block. The layout includes an inviting front porch and a private backyard suitable for outdoor entertaining or family activities. Internally, spacious open-plan living combines with a dedicated lounge, creating versatile communal spaces enhanced by ducted reverse-cycle heating and cooling for year-round comfort.
- The well-equipped kitchen features ample bench space and storage, facilitating practical meal preparation.
- The master bedroom includes a walk-in robe and ensuite bathroom, offering a private retreat.
- Two further bedrooms with built-in robes share a main bathroom fitted with both a bathtub and shower.
- Additional conveniences include a separate toilet, dedicated laundry with external access, and a double garage with internal entry.
Construction is high-quality, with brick veneer walls on a concrete slab foundation, timber truss roofing with Colorbond, and insulation rated to improve energy efficiency. The DHA lease includes a periodic rent review and a comprehensive make-good restoration at lease conclusion, preserving the property’s condition.
This investment suits those looking for a reliable, set-and-forget income stream supported by government tenancy, with the flexibility for future owner occupation once the lease term ends.
Local Market Insights
In Forde, Quiet Listings observed 8 new houses entering the market over the last 30 days, down from 14 during the previous 30-day period, with an average advertised asking price of $1,146,250. The property type mix of listed properties is predominantly Houses at 56%, followed by townhouses (28%), and units (6%). The most active agency for houses in the Forde area is currently Marq Property, representing 38% of new listings, followed by LJ Hooker with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Market Insights for Forde ACT 2914
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