OFF MARKET

503/120 Eastern Valley Way
Belconnen ACT 2617

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 2224m2
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Property Details for 503/120 Eastern Valley Way, Belconnen

503/120 Eastern Valley Way, Belconnen is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 2224m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2016
Floor Size
70m2
Land Size
2224m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 9, Section 47, Unit 3

Last Listing description (June 2023)

In excellent condition and ready to move in or rent out this two bedroom apartment offers instant lifestyle appeal and doorstop convenience.

The floor to ceiling windows capture plenty of natural light and look out to the expansive 43sqm balcony. The ideal place to entertain, relax or create your own oasis. The stylish kitchen offers plenty of storage and bench space for all your cooking needs.

Perfect for owner-occupiers or investors seeking rental returns, and equally suitable for downsizers, with security, facilities and an unbeatable location. A short walk to lake Ginninderra, shops, cafes and all the amenities the Belconnen CBD has to offer.

Spacious and sleek, this apartment is a breath of fresh air to the market and must be sold.

* Large balcony with access from the living and master bedroom
* Well-appointed kitchen with stone benchtops, dishwasher, oven, induction cooktop
* Master with walk in robe and ensuite
* 2nd bedroom with built in robe
* Two split system A/C units
* European laundry
* Proximity to the lake, transport, shops and all amenities
* Secure car space and storage cage
* Swimming pool and sky lounge

Year built: 2011
Living size: 70 sqm
Balcony: 43 sqm
B/C: $3,282 p.a.
Rates: $1,448 p.a.
Land Tax (investor): $1,678 p.a
Expected rent $540- $570 p.w

Disclaimer:
All information contained herein is gathered from external sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and satisfy themselves in all respects.

Property History for 503/120 Eastern Valley Way, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$500,000
01 May 2023
Listed for Rent
$530/w
17 Feb 2020
  • 01 May 2023
    Sold for $500,000
  • 08 Feb 2023
    Listed for Sale $495,000
  • 28 Nov 2019
    Listed for Rent $530 / 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 5,978 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 68 properties listed for sale, and 49 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 229 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.