OFF MARKET

42/7 Medley Street
Chifley ACT 2606

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
Land area: 10778m2
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Property Details for 42/7 Medley St, Chifley

42/7 Medley St, Chifley is a 1 bedroom, 2 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 March 2023.

Building Type
Unit
Year Built
1975
Floor Size
68m2
Land Size
10778m2
Local Government
Woden Valley
Lot/Plan
CHIFLEY: Block 2, Section 39, Unit 42

Last Listing description (March 2023)

One of Woden's longstanding developments, 'Melrose Mews' offers exceptional convenience in an outstanding Chifley location. Positioned on the ground floor, freshly updated in preparation for new ownership with two bedrooms, a renovated bathroom and large covered patio, be sure to add this to your open home schedule.

The only apartment occupying the ground floor of this common entry, without any adjoining internal access within the building, the intimate feeling awarded to this apartment is sure to be appreciated. Entering into the open plan lounge and dining area, the green outlook of the gardens through the floor to ceiling windows and the unique angles of the brick interior creates an immediate feeling of comfort.

Freshly painted and new carpet throughout the living and bedrooms is complimented further by new quality lighting all through the property. The kitchen has just been updated with vinyl flooring and paint to match, providing a clean space with electric cooking facilities for a new owner to enjoy immediately and potentially further update later on. Overlooking the dining space and out towards the garden bordered patio through an arched open bench space, the accomplished of chefs will enjoy prepping dinner here.

Segregated from the living areas and capturing the outlook of the gardens and patio also, both bedrooms are of generous proportions, while the main bedroom has sliding door access to the outdoor entertaining and large built in robes. The bathroom has been renovated in recent years, has floor to ceiling tiles, an accessibility friendly walk in shower, large vanity and spacious layout. The addition of a separate laundry room is undoubtedly a feature which will be looked upon favourably given the rarity of this in newer apartment buildings.

A carport offers storage for your vehicle while an additional storage unit will store your bikes, camping gear or alike. However, with the close proximity to the very well serviced and ever-growing Woden Town Centre, one could argue driving may not be necessary unless heading interstate. The Westfield Shopping Precinct is within 1km, along with excellent cafs and restaurants, several government employment offices and ample public transport options. When you do decide to drive, main arterials leading to all corners of the ACT and beyond are in immediate vicinity.

The ease of life this inner Woden location presents is a standout quality of this very affordable buying opportunity. Do not delay, this seller is motivated and we do not expect this property to last long. Enquire today to register your interest, receive more information and book an inspection.

Features:
Ground floor with private covered courtyard and garden outlook.
Excellent location in the Woden Valley, short distance from Woden Plaza.
Updated electrics including switchboard and lights.
Freshly painted throughout
New carpet throughout and vinyl flooring in the kitchen
Freshly landscaped courtyard
Vacant Possession
Designated carport with separate storage unit

Living area: 64m2 (approx.) + Patio 23m2 (approx.)
Year of development: 1977
EER 2.0

Outgoings:

General Rates: $618 p/qtr (approx.)
Land Tax (if rented out): $756 p/qtr (approx.)
Body Corporate Fees: $688.78 p/qtr. (approx.)

Disclaimer: The material and information contained within this marketing is for general information purposes only. Cream Residential Pty Ltd does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. We recommend all interested parties to make further enquiries and seek further advice. You should not rely upon this material as a basis for making any formal decisions.

Property History for 42/7 Medley St, Chifley, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$442,000
31 Mar 2023
Listed for Rent
$420/w
11 Nov 2021
  • 31 Mar 2023
    Sold for $442,000
  • 02 Mar 2023
    Listed for Sale Offers above $395,000
  • 23 Aug 2019
    Listed for Rent $370 / week
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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 1,308 properties. Over the last 5 years, Houses in Chifley have seen a 45.06% increase in median value, while Units have seen a 56.66% increase. As at 31 August 2024:

  • The median value for Houses in Chifley is $1,017,935 while the median value for Units is $520,287.
  • Houses have a median rent of $640 while Units have a median rent of $490.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Chifley on OnTheHouse. According to CoreLogic's data, 63 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.