FOR SALE
$435,000+

Contact Agent For Address
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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A location that only gets better with time.

This property sale is subject to a DHA lease expiring November, 2025. Offer to extend lease to November, 2031 has been presented to the vendors.
What you see:
A prized pocket of the city with highly regarded cafes and eateries nearby. A sound long term investment opportunity backed by a DHA lease.
What we see:
The smart investment choice.
See more:
North facing to maining living and balcony
Light filled and airy
Double glazed throughout
Generous main bedroom built-in-robe
See More

Property Details for Contact Agent For Address, City

Contact Agent For Address, City is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Hive Property.

Building Type
Apartment

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About City 2601

The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of City in 2011 was 2,824 people. By 2016 the population was 4,261 showing a population growth of 50.9% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation. In 2011, 29.9% of the homes in City were owner-occupied compared with 30% in 2016.

City has 3,285 properties. Over the last 5 years, Houses in City have seen a -6.14% decrease in median value, while Units have seen a 12.78% increase. As at 31 October 2024:

  • The median value for Houses in City is $584,044 while the median value for Units is $574,883.
  • Houses have a median rent of $610 while Units have a median rent of $650.
There are currently 47 properties listed for sale, and 45 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in City.

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Contact agent
Michael Morris
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Hive Property
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