612/81 Cooyong St, Reid, ACT 2612 | Unit for sale | OnTheHouse
FOR SALE
$455,000-$475,000

612/81 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Inspection Times
Sat 5 Apr
10:30 am - 10:50 am
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Investment Opportunity On the City's Doorstep

This fully furnished, self contained one-bedroom apartment presents a fantastic opportunity for anyone looking for a stylish living space in a vibrant location! Currently rented at $620pw (7% ROI), lease expires 20/7/2025.
Located in the Metropol development (building 1)directly opposite to the Canberra Centre. Featuring open plan living, reverse cycle heating and cooling, timber floors and double-glazed windows. The kitchen is an unexpected delight with SMEG electric oven & cooktop along with a dishwasher for convenience. The bedroom is a good size with a generous built in robe. The is sophisticated and sleek bathroom is off the living room.
The unit enjoys views over the shared garden space along with views across to Glebe Park and the city. There are some shared amenities in the development, including an outdoor pool, BBQ areas, rooftop gardens, and a kids play area. This combination of modern living and prime location makes it appealing for both outdoor enthusiasts and urban dwellers.
The unit is adjacent to Glebe Park, with close proximity to the city for dining, shopping and night life. Reid is a historical suburb with older homes and leafy tree lined streets. The development is also near CIT, Anzac Parade and a number of other city amenities.
At a glance …
Excellent location for those that spend time in the city
Foyers and corridors exude class and sophistication
Great sized combined living and dining
Good sized bedroom with built in robe
Plenty of bench space in the kitchen
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Property Details for 612/81 Cooyong St, Reid

612/81 Cooyong St, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 55m2. The place is currently for sale with Carter and Co Agents.

Building Type
Unit
Floor Size
55m2

Property Features

Built-in wardrobes
Intercom

Commute Calculator

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About Reid 2612

The size of Reid is approximately 1 square kilometres. It has 7 parks covering nearly 16.5% of total area. The population of Reid in 2011 was 1,582 people. By 2016 the population was 1,645 showing a population growth of 4.0% in the area during that time. The predominant age group in Reid is 20-29 years. Households in Reid are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Reid work in a professional occupation. In 2011, 41% of the homes in Reid were owner-occupied compared with 38.2% in 2016.

Reid has 1,523 properties. Over the last 5 years, Houses in Reid have seen a 64.95% increase in median value, while Units have seen a 29.64% increase. As at 28 February 2025:

  • The median value for Houses in Reid is $2,220,593 while the median value for Units is $568,549.
  • Houses have a median rent of $600 while Units have a median rent of $580.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Reid.

What's around 612/81 Cooyong St, Reid

Nearby Schools
Comparable Properties

Suburb Insights for Reid 2612

Market Insights
Reid Trends for Houses
Median Value

$2.22M

4.24%
View Trend
Median Growth

6.92%

View Trend
Median Rent

$600/W

1.27%
View Trend
Rental Yield

2.16%

3.14%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (04/24 - 02/25)
Reid Trends for Units
Median Value

$569k

3.51%
View Trend
Median Growth

7.83%

View Trend
Median Rent

$580/W

-
View Trend
Rental Yield

5.45%

2.33%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (04/24 - 02/25)
Neighbourhood Insights
Age

Population 1,645

0-9

 

5%

10-19

 

8%

20-29

 

23%

30-39

 

13%

40-49

 

12%

50-59

 

16%

60-69

 

12%

70-79

 

8%

80-89

 

2%

90-99

 

1%

Household Structure
Occupancy
Contact agent
Ally Smith
Show contact details
Kim Zarevac
Show contact details
Carter and Co Agents
Preferred contact:
Disclaimer
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Australian Capital Territory data
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Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
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ABS data
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Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.