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4 Davy Place, Macgregor ACT 2615

$768,000+

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$768k - $806k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 1 Bath 1 Car 1146 m² 184 m²

Listed: 3 hours ago

Overview

This well-maintained single level home in MacGregor offers a harmonious blend of present-day comfort and future development opportunity. Nestled at the end of a quiet cul-de-sac, the residence’s original polished timber floors complement its inviting living and dining spaces, creating an appealing environment for both relaxation and social gatherings.

The recently renovated kitchen stands out with its generous bench space and modern appliances including an induction cooktop, dishwasher, and oven, perfectly suited for household chefs who enjoy functionality alongside style. Expansive windows not only bathe the interior in natural light but also offer picturesque views of the lush garden that features a fire pit accessed by a charming recycled brick path, ideal for outdoor entertaining or serene evenings.

Versatility defines the sleeping quarters, featuring four bedrooms with the fourth currently adapted as a dressing room enhanced by moveable cabinetry to suit changing needs. The bathroom offers a well-proportioned space with separate shower and toilet areas, providing room for future customization and renovation.

Additional practical enhancements include a modern LG ducted reverse cycle air conditioner for efficient heating and cooling, paired with an updated electrical switchboard. A large covered pergola with a laser light roof extends the living area outdoors, creating a refined setting for alfresco entertaining regardless of the weather.

For those with an eye toward development, the substantial 1,146 sqm block is notable for its long 44m southern boundary and small frontage, facilitating potential single driveway access. Subject to approvals, it could host four to five north-facing townhouses utilizing approximately 516 sqm of buildable area at 45% site coverage. The recently implemented ACT Missing Middle reforms offer a financial incentive with a 50% reduction in the Lease Variation Charge, potentially saving around $115,000 on such developments if approval is secured by mid-2029.

Location-wise, the property is well-placed between Kippax Fair and Charnwood Shops, with a variety of amenities such as supermarkets, cafes, and schools near at hand. Recreational options include the nearby Umbagong District Park and Ginninderra Creek, perfect for scenic walks or the weekly parkrun, enhancing lifestyle choices for residents.

Local Market Insights

In Macgregor, Quiet Listings observed 31 new houses entering the market over the last 30 days, up from 27 during the previous 30-day period, with an average advertised asking price of $900,774. The property type mix of listed properties is predominantly Houses at 88%, followed by townhouses (10%), and apartments (2%). The most active agency for houses in the Macgregor area is currently LJ Hooker, representing 32% of new listings, followed by Ray White with 29%. 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.