FOR SALE
$399,000

41/7 Medley Street
Chifley ACT 2606

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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What An Opportunity!

For those with an eye for potential, this is an absolute gem. The bones are brilliant - solid double brick 1974 complex with only three levels. This top floor apartment has the added benefit of having only one neighbour with a shared wall, and as it is an end unit, the privacy and the sun streaming in with additional windows means it will stand out from the crowd.
The open plan living area is flooded with natural light and boasts a magnificent and private treetop outlook, making it the perfect space for entertaining guests or simply relaxing with family. The balcony is so large it serves as a second living area.
Both bedrooms have built-in robes, and easily can accommodate king and double bed furniture. There is even a separate laundry room - no need to put up with a laundry-in-a-cupboard and no space.
Additional features include a designated carport and storage room and abundant visitor car parks.
The Woden shopping precinct is just a short walk away, providing even more options for cafes and restaurants and entertainment. You'll appreciate the easy access to public transport links to the City and beyond with the future light rail link, making it a breeze to commute to work or explore all that Canberra has to offer.
This apartment is perfect for professionals, couples or small families who are looking for a convenient home. If you are a first home buyer or a savvy property investor, or are simply tired of missing out on rental properties and want to begin your real estate journey, then this is the apartment for you.
Features:
Solid 1974 double brick construction
Light-filled top floor two bedroom apartment
Neighbour on only one side
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Property Details for 41/7 Medley St, Chifley

41/7 Medley St, Chifley is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Blackshaw Manuka.

Building Type
Apartment

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About Chifley 2606

The size of Chifley is approximately 1.6 square kilometres. It has 7 parks covering nearly 31.7% of total area. The population of Chifley in 2011 was 2,489 people. By 2016 the population was 2,414 showing a population decline of 3.0% in the area during that time. The predominant age group in Chifley is 30-39 years. Households in Chifley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chifley work in a professional occupation. In 2011, 61.5% of the homes in Chifley were owner-occupied compared with 60.3% in 2016.

Chifley has 1,308 properties. Over the last 5 years, Houses in Chifley have seen a 45.06% increase in median value, while Units have seen a 56.66% increase. As at 31 August 2024:

  • The median value for Houses in Chifley is $1,017,935 while the median value for Units is $520,287.
  • Houses have a median rent of $640 while Units have a median rent of $490.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Chifley on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Chifley.

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Christine Shaw
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Blackshaw Manuka
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