OFF MARKET

12/7 Medley Street
Chifley ACT 2606

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 10778m2
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Property Details for 12/7 Medley St, Chifley

12/7 Medley St, Chifley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 10778m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
1975
Floor Size
68m2
Land Size
10778m2
Local Government
Woden Valley
Lot/Plan
CHIFLEY: Block 2, Section 39, Unit 12

Last Listing description (November 2018)

Located in the heart of Woden on the first floor of the 'Melrose Mews' complex, unit 12 represents a fantastic investment or live in opportunity. This North facing unit has been completely renovated throughout and offers an open plan living area that connects seamlessly to the modern kitchen and a covered outdoor balcony overlooking the complex's leafy gardens. Accommodation consists of two good-sized bedrooms both with built-in wardrobes, a modern bathroom with a shower and a large internal laundry.
The unit includes a carport and lockable storage cupboard, offering maximum convenience and enough space for secure storage of bicycles or sporting equipment.
The closest bus stop is located only meters away on Melrose Drive and the complex is on the door-step of the Woden CBD and Phillip business district.

With major existing infrastructure such as the Canberra hospital and new development projects already under way in the Woden CBD, this is an excellent opportunity to secure a central live in or investment property.

Features Include:
First floor unit in popular Melrose Mews complex
Short walking distance to the Woden Town Centre and public transport
Built-in wardrobes in both bedrooms
Light filled modern kitchen with plenty of cupboard space
Modern bathroom
Large north facing balcony
Large internal laundry
Allocated single carport with secure storage
Open plan living areas with access onto large balcony
New reverse cycle system installed in 2018 in the living room
New carpet, paint and blinds 2018
New hot water service
Close to Phillip - cafes, restaurants, gyms and specialty shops
Close to main express bus routes
Enjoy morning walks in the nearby nature reserve and around Mount Taylor
Walk to the local Chifley Shops, A Bite to Eat and playground area
Living size: 70 sqm
Balcony size: 10.7 sqm
Carport and storage size: 18.8 sqm
Rates: $480 per quarter
Land tax:$660 per quarter (if rented)
Body Corporate: $624 per quarter
EER:5.0

Property History for 12/7 Medley St, Chifley, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$320,000
21 Nov 2018
Listed for Rent
$360/w
16 Feb 2017
  • 21 Nov 2018
    Sold for $320,000
  • 18 Oct 2018
    Listed for Sale Offers over $328,000
  • 16 Feb 2017
    Listed for Rent - Price not available
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About Chifley 2606

The size of Chifley is approximately 1.6 square kilometres. It has 7 parks covering nearly 31.7% of total area. The population of Chifley in 2011 was 2,489 people. By 2016 the population was 2,414 showing a population decline of 3.0% in the area during that time. The predominant age group in Chifley is 30-39 years. Households in Chifley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chifley work in a professional occupation. In 2011, 61.5% of the homes in Chifley were owner-occupied compared with 60.3% in 2016.

Chifley has 1,303 properties. Over the last 5 years, Houses in Chifley have seen a 40.84% increase in median value, while Units have seen a 46.90% increase. As at 31 October 2024:

  • The median value for Houses in Chifley is $1,049,777 while the median value for Units is $493,032.
  • Houses have a median rent of $650 while Units have a median rent of $493.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Chifley on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Chifley.

Suburb Insights for Chifley 2606

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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.