OFF MARKET

42/2 Eardley Street
Bruce ACT 2617

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 15953m2
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Property Details for 42/2 Eardley St, Bruce

42/2 Eardley St, Bruce is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 15953m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
2007
Floor Size
105m2
Land Size
15953m2
Local Government
Belconnen
Lot/Plan
BRUCE: Block 4, Section 34, Unit 42

Last Listing description (March 2020)

Welcome to 42/2 Eardley Street Bruce! A top floor spacious 3 bedroom apartment overlooking water in proximity to Radford College, The University of Canberra &Calvery Hospital. Whether it be a live-in or investment, this apartment is a cut above the rest.

Upon entry, new owners will appreciate the natural light available throughout. The oversized design makes way for open plan living and flexibility. The property has been freshly painted and is well maintained throughout.

The master bedroom is segregated from the remaining bedrooms, which provides a refreshing sense of space. Complete with an ensuite, this master bedroom includes a WIR and ample vanity space. Bedrooms 2 & 3 feature robes, new laminate flooring & windows to further enhance the natural lighting.

The second bathroom is spacious and services bedrooms 2 & 3. Complete with a European laundry new owners will also appreciate the additional storage space in the form of a linen cupboard.

The kitchen features stainless steel appliances throughout and an oversized freestanding bench. From the kitchen, new owners will appreciate the water views available from the large balcony. This space is perfect for those seeking space to entertain family & friends from the comfort of your own home.

This property has the capacity to return investors an 8% yield based on the current rental estimate which stands between $500-$520 per week.

Opportunities like this don't last long! Contact Lauren Laing today for an inspection!

Features:
- 2 side by side Car Space
- New window furnishings
- Top floor apartment
- Spacious 3 bedroom design
- Potential 8% yield
- Walking distance to shops, schools, universities and hospitals
- 105m2 of living
- 16m2 balcony

Explaining offers over process:
- To ensure a fair & equitable process, all offers are confidential. This gives our buyers peace of mind that we will not disclose an offer to another buyer in an attempt to force that buyer's intent.
- When assessing a price to offer, bear in mind there isn't usually a second chance to change it. For guidance on how best to submit an offer, please don't hesitate to contact me.
- Offers close at 12pm, Tuesday, giving buyers ample opportunity to complete further inspections, show family & friends, & finalise finance requirements.
- To ensure a level playing field, all offers are presented to the seller at the same time. Upon the seller making a decision, no further negotiations will be entered into.
- All offers presented will be notified of the seller's decision.

Property History for 42/2 Eardley St, Bruce, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$360,000
13 Mar 2020
  • 13 Mar 2020
    Sold for $360,000
  • 06 Feb 2020
    Listed for Sale Under Contract
  • 18 Dec 2014
    Transferred
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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 3,347 properties. Over the last 5 years, Houses in Bruce have seen a 39.66% increase in median value, while Units have seen a 38.14% increase. As at 31 October 2024:

  • The median value for Houses in Bruce is $1,092,005 while the median value for Units is $569,785.
  • Houses have a median rent of $660 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 15 properties listed for rent in Bruce on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Bruce.

Suburb Insights for Bruce 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.