OFF MARKET

5/2 Covington Crescent
Charnwood ACT 2615

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 6253m2
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Property Details for 5/2 Covington Cres, Charnwood

5/2 Covington Cres, Charnwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 6253m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
1986
Floor Size
84m2
Land Size
6253m2
Local Government
Belconnen
Lot/Plan
CHARNWOOD: Block 12, Section 31, Unit 5

Last Listing description (March 2017)

Enjoying an elevated outlook, this appealing townhouse enjoys a large backyard and spacious surrounds rarely found in a setting such as this. Living areas and kitchen are north facing which make these rooms full of natural light all year round as well as giving you a free passive solar boost in winter months. In addition, a split system air conditioner which is one of the more efficient systems, has been installed in the living area to provide your required level of seasonal comfort.
The bathroom has been smartly renovated and newly installed Colourbond fencing around the front courtyard enhances the appearance of this attractive and well maintained home.
There is ample room in the back for kids to play, establish vegie gardens, or extend the patio and set up an attractive outdoor setting with a barbie. All it needs is you!

Bustling Charnwood shops are only a kilometre or so away and if schooling is a consideration then all levels are catered for within a radius of a couple of kilometres.
This would be an ideal first home as it is in good repair, is an enjoyable place to live and is in one of Canberra's most affordable suburbs. Alternatively as an investment you could reasonably expect good returns and it was recently rented at approximately $350 per week.
Having been held as an investment property for many years, our interstate owners' circumstances have changed and they require a sale on auction day.

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Property History for 5/2 Covington Cres, Charnwood, ACT 2615

A timeline of how this property has performed in the market
Last Sold
$295,000
19 Nov 2015
Listed for Rent
$350/w
13 Mar 2015
  • 19 Nov 2015
    Sold for $295,000
  • 29 Oct 2015
    Listed for Sale Not Disclosed
  • 12 Feb 2015
    Listed for Rent $350 / week
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About Charnwood 2615

The size of Charnwood is approximately 1.9 square kilometres. It has 12 parks covering nearly 21.6% of total area. The population of Charnwood in 2011 was 3,067 people. By 2016 the population was 2,950 showing a population decline of 3.8% in the area during that time. The predominant age group in Charnwood is 30-39 years. Households in Charnwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Charnwood work in a clerical occupation. In 2011, 64.9% of the homes in Charnwood were owner-occupied compared with 65.8% in 2016.

Charnwood has 1,305 properties. Over the last 5 years, Houses in Charnwood have seen a 51.10% increase in median value, while Units have seen a 67.23% increase. As at 30 September 2024:

  • The median value for Houses in Charnwood is $694,867 while the median value for Units is $601,319.
  • Houses have a median rent of $580 while Units have a median rent of $530.
There are currently 6 properties listed for sale, and 1 property listed for rent in Charnwood on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Charnwood.

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