40/116 Blamey Cres, Campbell is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 3415m2 and floor size of 48m2.
A trip down memory lane, when life was simple, buildings were solid and brick, natural light was a must and you only shared your hallway with a few people.
Located across the road from the Campbell Shops on Blamey Crescent and therefore just a short walk to the Russell Offices, Lake Burley Griffin, a ride to the CBD, this home is ideal for an owner occupier looking to secure a property in a great location or an investor looking to get a high rental return due to its location close to many offices.
The property is in fairly original condition so improvements can be made, the shell of the property is great as it is spacious and has natural light on two sides. A tenant just moved out who was paying $340 per week which shows that the yield on this property can be great. The property is therefore vacant and ready to be occupied.
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 2,639 properties. Over the last 5 years, Houses in Campbell have seen a 71.28% increase in median value, while Units have seen a 45.25% increase. As at 31 October 2024:
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