7/112 Macfarland Cres, Pearce is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1770m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2012.
What an opportunity... to buy a great first home or investment property
A Savvy home buyer's must have' list has 3 key requirements, 1: Price, 2: Position and 3: Vicinity. This property has it all in trumps. Representing exceptional value for money with high rental income potential, positioned on a premium street within a highly regarded suburb, across the road from Pearce shops, walking distance Woden Centre and only 10 minutes drive to civic and Tuggeranong, with ease of access to all of Canberra's main arterial roads.
Apartment 7 at 5 Parkhill Street Pearce is a 2 bedroom residence in good original condition with a large open plan dining/Kitchen and living area with a covered balcony that showcases attractive views to Mt Taylor. The home is elevated on the second floor and is of double brick construction, assisting in the great energy efficiency ratting of 4. Both bedrooms are of a good size and come with views to Mt Taylor, the master bedroom also boasts a built in robe. The bathroom is large and contains an internal laundry. The location makes it easy to enjoy the convenience of being across the road from the grocery store, bus stop, Rama's and Ethiopia Down Under Restaurant and Deek's Bakery.
The size of Pearce is approximately 1.7 square kilometres. It has 11 parks covering nearly 15.7% of total area. The population of Pearce in 2016 was 2579 people. By 2021 the population was 2687 showing a population growth of 4.2% in the area during that time. The predominant age group in Pearce is 50-59 years. Households in Pearce are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pearce work in a professional occupation.In 2021, 72.70% of the homes in Pearce were owner-occupied compared with 70.00% in 2016.
Pearce has 1,266 properties. Over the last 5 years, Houses in Pearce have seen a 34.70% increase in median value, while Units have seen a 12.40% increase. As at 30 November 2025:
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