OFF MARKET

50/2 Ranken Place
Belconnen ACT 2617

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 3766m2
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Property Details for 50/2 Ranken Pl, Belconnen

50/2 Ranken Pl, Belconnen is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 3766m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
1993
Floor Size
78m2
Land Size
3766m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 39, Section 59, Unit 50

Last Listing description (August 2019)

Astute buyers know well-built buildings stand the test of time. Build quality is crucial when looking at apartments on the market and you cannot go past this 1993 double brick Willemsen treasure. With perfect north orientation, the 6 star energy rating testifies to the well-deserved reputation of this designer/builder.
The living area plus the two bedrooms are both north-facing, with the master bedroom having the benefit of easterly sun in the morning. The apartment is in great condition throughout and features open plan living, excellent kitchen, renovated bathroom, built-in robes in both bedrooms, plus a balcony off the living area. The laundry is separately enclosed, and the secure basement parking also provides for one car.
The apartment is in a convenient location so close to transport, Belconnen Mall, sporting facilities and the Canberra University. This unit would be ideal for the home buyer or astute investor - with all the activity in the area and the magnificent improvements in the Belconnen Mall and its surroundings you just can't go wrong!

Features include:
- Solid 1993 Willemsen Constructions gem
- Loads of light and almost no lost hallway space
- North-facing for living and bedrooms and balcony
- Two bedrooms with mirrored built-in robes
- Light filled open plan living
- Excellent kitchen with electric cooking and dishwasher
- Renovated bathroom
- Instantaneous hot water system
- Secure access to single basement car park
- Great location close to Belconnen Mall, transport, sporting facilities and Canberra University
- EER 6
- Apartment 75m2 and Balcony 6m2
- Car Park 14m2
- Rates $1,967.08 pa
- Body Corporate: $2,636 pa
- Land Tax (if rented) $2,711.10 pa
- Rent Appraisal: $370 - $390 per week

Property History for 50/2 Ranken Pl, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$335,000
06 Aug 2019
Listed for Rent
$330/w
04 Oct 2014
  • 06 Aug 2019
    Sold for $335,000
  • 12 Jun 2019
    Listed for Sale Not Disclosed
  • 23 Sep 2014
    Listed for Rent $330 / 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 5,979 properties. Over the last 5 years, Houses in Belconnen have seen a 4.09% increase in median value, while Units have seen a 28.21% increase. As at 31 October 2024:

  • The median value for Houses in Belconnen is $473,026 while the median value for Units is $491,942.
  • Houses have a median rent of $550 while Units have a median rent of $543.
There are currently 71 properties listed for sale, and 45 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Belconnen.

Suburb Insights for Belconnen 2617

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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.