SOLD
Sold on 15 May 2024 for $490,000

22/7 Medley Street
Chifley ACT 2606

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 10778m2
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Hayman Partners
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Property Details for 22/7 Medley St, Chifley

22/7 Medley St, Chifley is a 2 bedroom, 1 bathroom Unit 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 May 2024. There are other 2 bedroom Unit sold in Chifley in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
68m2
Land Size
10778m2
Local Government
Woden Valley
Lot/Plan
CHIFLEY: Block 2, Section 39, Unit 22

Last Listing description (July 2024)

If you have previously considered an apartment at Melrose Mews, you need to see 22/7 Medley Street, as it could possibly be the best.

This apartment offers some impressive features, from renovated kitchen and bathroom/laundry to contemporary styling that combines both modern edge and the charming warmth & character of its original exposed brick.

The surprise of an extra-large balcony 33m2 wrapping two sides of the unit is undoubtedly a standout feature, offering perfect outdoor entertaining or simply a serene space to enjoy your surrounding outlook amongst the gumtrees, over a morning coffee.

With two generous bedrooms, a well-appointed kitchen extending from the spacious living and dining, to the overflowing balcony, this apartment offers ample space and comfort.

An additional store room is conveniently located at the entry, and the parking for one car closely positioned is visible from kitchen and balcony.
In a great location, the apartment not only offers easy access to local shops, cafes, restaurants, and amenities across Phillip, Westfield Woden, Southlands Mawson, and Chifley Shopping precincts, but the convenient proximity to schools and public transport, with links to the city and beyond.

A perfect recipe for homeowner or investor, 22/7 Medley Street offers a combination of style, comfort, convenience, and excellent location, that makes it a compelling option for anyone seeking a new place to call home.

Rental Appraisal $490 - $520 Per Week

Features:

* 2 Bedrooms
* 1 Bathroom
* Storage room
* Car Park
* Visitor Parking
* Extra large balcony
* Dishwasher
* Fully Renovated
* Shops & Schools

Specifications:

EER: 2.5
Living: 82m2 (885sq.ft)
Balcony: 34m2 (370sq.ft)
UV: $148,350 (2022)
Strata: $4,000 pa(approx.)
Rates: $600.00 p qtr (approx.)
Land Tax: $1,615.11 pa (approx.)
Construction: 1975

* All data is approx and to be checked

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Property History for 22/7 Medley St, Chifley, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$490,000
15 May 2024
  • 15 May 2024
    Sold for $490,000
  • 26 Apr 2024
    Listed for Sale $490,000
  • 13 May 2017
    Sold for $335,000
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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, 62 properties were sold in the past 12 months in Chifley.

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