OFF MARKET

507/1 Watkin Street
Bruce ACT 2617

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 5940m2
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Last updated 4 Nov 2024
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Property Details for 507/1 Watkin St, Bruce

507/1 Watkin St, Bruce is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 5940m2 and floor size of 71m2.

Building Type
Unit
Year Built
2010
Floor Size
71m2
Land Size
5940m2
Local Government
Belconnen
Lot/Plan
BRUCE: Block 19, Section 109, Unit 77

Last Listing description (December 2018)

Representing a lifestyle of comfort and convenience is this well proportioned one bedroom apartment. Offering an exciting opportunity for first home buyers, downsizers or investors alike to secure a value packed home in a truly convenient location. Just moments from local shops, public transport and amenities.

- Tenanted on a month to month basis at $370.00 per week

- Spacious one bedroom plus study apartment in the heart of Bruce

- Offering open plan living opening on to the generous balcony

- Modern kitchen with electric cooking and great storage

- Master bedroom has built-in robes and balcony access

- Separate study room includes built-in storage

- Single allocated carspace in the basement

- A short drive to Belconnen Town Centre or Canberra City

Strata levies $910pq

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Property History for 507/1 Watkin St, Bruce, ACT 2617

A timeline of how this property has performed in the market
Listed for Rent
$370/w
10 Jan 2015
  • 02 Nov 2017
    Listed for Sale Price guide over $338,000
  • 18 Dec 2014
    Listed for Rent $370 / week
  • 24 Apr 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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