SOLD
Sold on 02 Aug 2024 for $600,000

12/65 Constitution Avenue
Campbell ACT 2612

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 78m2
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Property Details for 12/65 Constitution Ave, Campbell

12/65 Constitution Ave, Campbell is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 78m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Campbell in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
78m2
Land Size
78m2
Local Government
Canberra Central
Lot/Plan
CAMPBELL: Block 33, Section 19, Unit 12

Last Listing description (September 2024)

DHA Lease: 25/11/2016 - 24/10/2025
Lease Options: up to 36 months
Lease Option is at DHA discretion only

Gross Rent: $600 per week
DHA Management Fee: 13% inc. GST

Available as an investment purchase only - rent is guaranteed for 52 weeks every year which represents a fantastic gross yield of 5.28%*.

Great rental return, brilliant location, plus huge lifestyle options for tenants - the perfect formula for the very best of investments.

As well, this spacious apartment has a north-facing orientation looking towards Hassett Park and Playground, and does not overlook Constitution Avenue.

Defence Housing Australia advertising shows "set and forget" as the under-pinning phrase of their sale and leaseback program - and that is certainly true. This large and light filled two bedroom apartment would suit those looking for an easy-care investment property to add to the portfolio with a generous sized apartment with open plan living and dining.

Other features include a great sized pantry, full height tiling, spacious shower, quality fixtures and fittings including large mirrored shaving cabinets with storage.

Both the living flows to a sunny balcony with a local park outlook and the apartment comes with a secure carparking space and adjacent storage cage.

Tenants will always be happy living here with so many facilities in the Campbell precinct and cafe lifestyle. With an easy walk to Lake Burley Griffin, plus shops and transport options on the doorstep of Civic, this investment is too good to miss.

Features:

Constructed in 2015
North-facing orientation
Views of Hassett Park and Playground
Open plan living
King size master bedroom
Queen size second bedroom
Both bedrooms with built-in robes
Modern kitchen with stone benches, and push/close cabinetry
Good sized pantry and quality appliances
Under bench oven, integrated dishwasher and microwave hutch
Tiles to the ceiling in bathroom
Large shower and mirrored shaving cabinet
Quality carpet throughout and tiled in wet areas
Split system air-conditioning
Balcony access from living area with views to park
Close to all amenities, restaurants, cafes and transport
One secure car space with adjacent storage cage
Cafe lifestyle just metres away
Easy walk into Civic and around Lake Burley Griffin
Transport options aplenty

Apartment: 78m2
Balcony: 11m2
Car Park: 13m2
Storage: 2m2

EER 6
Rates: $474 pq
WS&S: $171 pq
Land Tax: $576 pq
Body Corp: $1460 pq

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to read about the benefits of investing in Defence Housing Australia property.

Note: Figures and numbers are approximate only

* Gross yield based on sale price of $590,000

Property History for 12/65 Constitution Ave, Campbell, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$600,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $600,000
  • 05 Jul 2024
    Listed for Sale $600,000
  • 19 Mar 2024
    Listed for Sale Not Disclosed
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About Campbell 2612

The size of Campbell is approximately 5.5 square kilometres. It has 26 parks covering nearly 37.4% of total area. The population of Campbell in 2011 was 4,928 people. By 2016 the population was 4,989 showing a population growth of 1.2% in the area during that time. The predominant age group in Campbell is 20-29 years. Households in Campbell are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Campbell work in a managers occupation. In 2011, 61.1% of the homes in Campbell were owner-occupied compared with 60.4% in 2016.

Campbell has 2,632 properties. Over the last 5 years, Houses in Campbell have seen a 66.06% increase in median value, while Units have seen a 42.44% increase. As at 30 September 2024:

  • The median value for Houses in Campbell is $1,978,916 while the median value for Units is $661,986.
  • Houses have a median rent of $770 while Units have a median rent of $650.
There are currently 29 properties listed for sale, and 12 properties listed for rent in Campbell on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Campbell.

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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.