OFF MARKET

26/2 Eardley Street
Bruce ACT 2617

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 15953m2
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Property Details for 26/2 Eardley St, Bruce

26/2 Eardley St, Bruce is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 15953m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in April 2007.

Building Type
Unit
Year Built
2005
Floor Size
102m2
Land Size
15953m2
Local Government
Belconnen
Lot/Plan
BRUCE: Block 4, Section 34, Unit 26

Last Listing description (August 2017)

My Instructions Are Clear - Owner Says SELL!
Now is a great time for property investors to take advantage of the high returns being offered in the Canberra market. With interest rates at historically low levels, all you need is a reasonable deposit to secure your own cash positive investment property. 26-2 Eardley Street is a north facing 3 bedroom ensuite apartment and is currently leased to great tenants for $450.00 per week. That's over 6% gross return!
First home buyers can also request vacant possession and secure one of the best value 3 bedroom apartments on the market today. Do the sums and you may find it is cheaper to buy than it is to rent!

Features include:
- 3 bedroom ensuite apartment located on the top floor in the popular Elara complex
- Open plan living flows onto a private north facing balcony
- Stone kitchen with quality appliances, including dishwasher
- Modern bathroom and laundry
- BIR s in all bedrooms
- Reverse cycle air conditioning
- Basement car parking for two cars (side by side), plus lock up storage
Located in the heart of the Bruce Precinct means walking distance to University of Canberra, Bruce Stadium, AIS, CIT and only minutes to the Belconnen Town Centre and Civic. This property has a history of high rental returns and low vacancy rates making it a perfect addition to your property portfolio.
- Rates: $305.87 per quarter
- Land Tax: $341.15 per quarter
- Body Corporate: $1540.69 per quarter

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Property History for 26/2 Eardley St, Bruce, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$395,000
11 Apr 2007
Listed for Rent
$440/w
15 Mar 2015
  • 01 Mar 2017
    Listed for Sale $350,000+
  • 30 Oct 2014
    Listed for Rent $440 / week
  • 07 Mar 2013
    Listed for Rent - Price not available
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About Bruce 2617

The size of Bruce is approximately 6.6 square kilometres. It has 11 parks covering nearly 36.7% of total area. The population of Bruce in 2011 was 6,389 people. By 2016 the population was 6,995 showing a population growth of 9.5% in the area during that time. The predominant age group in Bruce is 20-29 years. Households in Bruce are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bruce work in a professional occupation. In 2011, 47.5% of the homes in Bruce were owner-occupied compared with 39.6% in 2016.

Bruce has 3,354 properties. Over the last 5 years, Houses in Bruce have seen a 40.16% increase in median value, while Units have seen a 35.68% increase. As at 30 September 2024:

  • The median value for Houses in Bruce is $1,098,374 while the median value for Units is $541,288.
  • Houses have a median rent of $690 while Units have a median rent of $550.
There are currently 32 properties listed for sale, and 7 properties listed for rent in Bruce on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Bruce.

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