SOLD
Sold on 20 Feb 2024 for $520,000

123/8 Veryard Lane
Belconnen ACT 2617

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 7622m2
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Property Details for 123/8 Veryard Lane, Belconnen

123/8 Veryard Lane, Belconnen is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 7622m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Belconnen in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
78m2
Land Size
7622m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 15, Section 45, Unit 123

Last Listing description (November 2023)

From its exclusive private gardens to its striking red brick facade, Linq showcases an unwavering commitment to design and quality rarely seen in today's real estate market. Nestled on the top floor, No.123 exudes a chic, modern ambiance within the luxurious confines of Belconnen's opulent Linq building-an accolade winner of the prestigious Master Builder Excellence Award in 2015.

This exceptional two-bedroom apartment invites an abundance of natural light and elevated views of Belconnen through its floor-to-ceiling double-glazed windows. The stylish kitchen, ideal for the home chef, features a sleek design, ample storage, stone countertop, and top-of-the-line Bosch appliances, including an electric burner, oven, and dishwasher. A floor-to-ceiling window in the kitchen not only enhances the space but provides additional natural light rarely seen in apartment living.

Both bedrooms, are generously sized and equipped with built-in robes, offering easy access to the bathroom. The main bedroom has lovely views of Belconnen and is bright and airy.

The bathroom has full-height tiling, a wall-hung vanity with a mirrored shaving cabinet, and a bonus separate powder room.

Residents of this complex enjoy resort-style amenities such as a heated pool, gym, BBQ area, a water feature, and a shared vegetable garden.

Conveniently located near Westfield, CISAC, dining establishments, coffee shops, the University of Canberra, Ginninderra College, public transport, and more, Linq offers a lifestyle of sophistication and accessibility.

Essentials:
78m2 internal
6m2 balcony
EER: 6.0
Rates: $1,537.87p.a
Land tax: $1824.56p.a(approx.)
Levies: $936.20p.q
Expected rental return: $515-$545 per week
Level 7
Strata: Strata Managers Pty Ltd
Age: 9 years old
Builder: Creative Building Services

Features:
Generous living and bedrooms
Top floor living
Floor to ceiling windows
Open plan living
NBN ready
Heated pool
Visitor parking
Secure parking
Reverse cycle system x 2
Gym
Barbeque area
Communal vegetable garden

Close by:
Westfield
CISAC
Lake Ginninderra College
University of Canberra
Radford
Belconnen fresh food markets
CIT campus

Property History for 123/8 Veryard Lane, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$520,000
20 Feb 2024
Listed for Rent
$490/w
18 Jan 2022
  • 20 Feb 2024
    Sold for $520,000
  • 16 Nov 2023
    Listed for Sale Offers over $535,000
  • 22 Dec 2021
    Listed for Rent $490 / week
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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 6,029 properties. Over the last 5 years, Houses in Belconnen have seen a 12.34% increase in median value, while Units have seen a 31.83% increase. As at 30 September 2024:

  • The median value for Houses in Belconnen is $500,027 while the median value for Units is $495,482.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 65 properties listed for sale, and 44 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Belconnen.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.