42 Atherton Street, Downer, ACT 2602

Auction

House
Type
3
Bedrooms
1
Bathrooms
714 mΒ²
Area

Last updated on Friday, August 07, 2026 ( See property details for 42 Atherton Street, Downer, ACT 2602)

Auction

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile three-bedroom home on a spacious north-facing block in the highly desirable suburb of Downer, offering excellent potential for renovation or new build.

🏑 Property Highlights

  • Prime north-facing 714 m² block in sought-after Downer
  • Potential for renovation or new build in a blue-chip location
  • Comfortable three-bedroom home with updated bathroom
  • Separate lounge and kitchen with meals area
  • Quiet, tree-lined street close to Canberra City
  • Ideal entry point for young families or investors

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Fully fenced
  • Home Office / Study
  • Floorboards
  • Pet-Friendly
  • Water tank
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42 Atherton Street
Downer, ACT 2602
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Vertical aerial view β€” 42 Atherton Street
42 Atherton Street — Vertical Aerial  •  Downer, ACT 2602  •  Nearmap © 2026

Downer is a highly sought-after Inner North suburb renowned for its leafy streets, family-friendly community, and proximity to Canberra City. It offers excellent local amenities, parks, and schools, making it ideal for families and professionals alike. The area combines tranquility with convenience, providing a perfect setting for a relaxed lifestyle. With its strong community vibe and access to public transport, Downer remains a top choice for discerning buyers seeking quality living. Opportunities for development and renovation further enhance its appeal, ensuring long-term value and growth.

Can I renovate or extend the existing home?
Yes, the property offers potential for renovation or extension, subject to council approvals and planning regulations.
Is the property suitable for building a new home?
Absolutely, the large north-facing block provides an excellent opportunity to construct your dream home or a dual occupancy, subject to council consent.
What are the nearby amenities and facilities?
The property is close to local schools, parks, public transport, and shopping precincts, providing convenient access to daily essentials.
Are there any planning restrictions or zoning considerations?
The property is zoned for residential use within the ACT planning framework; specific restrictions can be confirmed with local council.
What is the condition of the current home?
The home is in a presentable condition with updated bathroom facilities, ready for immediate occupation or further renovation.
Are there any easements, covenants, or planning restrictions affecting the property? Has the property been affected by any flooding or bushfire risks? Are there any upcoming development or construction projects nearby that could impact the property? What are the council rates and potential development levies? Is there any history of structural issues or repairs needed for the existing home? Are there any strata or community title considerations, if applicable? What are the zoning regulations for building or renovating on this block? Are there any hidden costs associated with the property, such as easements or service connections? Is the property compliant with all local building codes and regulations? Are there any noise or nuisance issues from neighboring properties or roads?

42 Atherton Street, Downer, ACT 2602 - More Details

Auction

In a quiet, tree-lined street in one of Canberra's most sought-after Inner North suburbs, this presentable three-bedroom home presents an exceptional opportunity to secure your place in prestigious Downer. Whether you're searching for your ideal entry into a tightly held suburb, your next renovation project - or the perfect north-facing block on which to build your dream home, this is a property where the possibilities are limited only by your imagination.

Comfortable to live in today while you plan for tomorrow, the home offers three bedrooms, a separate lounge room, kitchen with meals area, and an updated bathroom making it an ideal first home for a young family to put their mark on it. Opportunities to secure a sizeable north-facing block in an established suburb only 15-minutes from the City are becoming increasingly rare.

Move in and enjoy as is, renovate to add value, or create your dream home in a blue-chip Inner North location.

All care has been taken in the preparation of this marketing material, and details have been obtained from sources we believe to be reliable. Blackshaw do not however guarantee the accuracy of the information, nor accept liability for any errors. Interested persons should rely solely on their own enquiries.

Prior to enquiry or inspection of this property you may wish to review our Information Collection Notice and Privacy Policy.
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Type
House
Bedrooms
3
Bathrooms
1
Area
714 mΒ²
House Size
95 mΒ²

Inspections times

  • Inspection Sun 9 Aug 11:00 am

    Sunday 9 August
    11:00 am - 11:30 am
  • Inspection Thu 13 Aug 12:30 pm

    Thursday 13 August
    12:30 pm - 1:30 pm

Auctions

  • 42 Atherton Street, Downer, ACT 2602

    Thursday 27 August
    12:30 pm
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