FOR SALE
Under Contract

28/1 Buik Place
Belconnen ACT 2617

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 2432m2
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Central, Private, and Surrounded by Native Gardens

Phone enquiries - please quote property ID 34445.
This apartment offers your quintessential modern style of living in the heart of Belconnen. Please take a virtual walk-through of the apartment through the YouTube video provided in the listing.
Since we purchased this property in 2016 for $285,000, it is pleasing to see that its value has increased significantly. Median house price for two bedroom units as sourced by realestate dot com for /unit-28-1-buik-pl-belconnen-act-2617/ for this apartment is $525,000. Its value is increasing and will continue to do so. If you look at other apartments on the same street you will find similar statistics, making this an excellent investment opportunity as the following recent sales of two bedroom apartments on the same street show :
11/2 Buik Place, Belconnen, ACT 2617, 66m², $458,000, Sold on 23 Aug 2022
16/2 Buik Place, Belconnen, ACT 2617, $450,000, Sold on 12 Jul 2022
9/2 Buik Place, Belconnen, ACT 2617, $385,000, Sold on 10 Sep 2021
3/2 Buik Place, Belconnen, ACT 2617, $354,000, Sold on 31 Oct 2019
18/1 Buik Place, Belconnen, ACT 2617, 68m², $345,000, Sold on 07 Aug 2019
The price is calculated based on the recent sales, the coveted Belconnen postcode and its unique location in the Belconnen city. It provides a footing into the full city lifestyle, gyms, cafes, restaurants, shopping centres, fresh food market, major retailers, hospitals / medical facilities, service centres, fire/ambulance, walking distance to one of Canberra's main transportation hubs and a beautiful lake and much more. Although situated in a bustling city, it is located among a native garden, away from the hustle and bustle of traffic noise, overshadowed or overcast by skyscraping buildings which can stifle basic access to fresh air and sunlight.
This apartment also boasts many unique aspects you cannot find in the area such as its Northerly orientation: flooding the apartment with warmth and beautiful shades of light for that quiet enjoyment of a home. It has a height advantage to provide amazing views of greenery, without the loss of privacy. Surrounded by pleasant native gardens, there is room for a small garden of your own. This is a rarity and difficult to find anything like it, particularly its Belconnen City location.
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Property Details for 28/1 Buik Pl, Belconnen

28/1 Buik Pl, Belconnen is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 2432m2. The place is currently for sale with No Agent Property.

Building Type
Apartment
Land Size
2432m2

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About Belconnen 2617

The size of Belconnen is approximately 4.4 square kilometres. It has 6 parks covering nearly 26.3% of total area. The population of Belconnen in 2011 was 4,437 people. By 2016 the population was 6,644 showing a population growth of 49.7% in the area during that time. The predominant age group in Belconnen is 20-29 years. Households in Belconnen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belconnen work in a professional occupation. In 2011, 33.8% of the homes in Belconnen were owner-occupied compared with 29.2% in 2016.

Belconnen has 5,937 properties. Over the last 5 years, Houses in Belconnen have seen a 63.87% increase in median value, while Units have seen a 35.34% increase. As at 31 July 2024:

  • The median value for Houses in Belconnen is $652,297 while the median value for Units is $497,553.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 66 properties listed for sale, and 48 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Belconnen.

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