OFF MARKET

1/66 Allara Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 3716m2
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Last updated 11 Nov 2024
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Property Details for 1/66 Allara St, City

1/66 Allara St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 3716m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2002
Land Size
3716m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 4, Section 10, Unit 1

Last Listing description (November 2023)

A spacious and contemporary loft-style East facing apartment in an exceptional City location, offering a well appointed kitchen with stone benchtops and Bosch stainless steel appliances.

It's sun-filled living areas are provided through the unique floor to ceiling timber windows that streams into the split level bedroom and open plan lounge/dining.

The Forum Apartments are conveniently located on the doorstep of the City being mere moments from all the shopping, dining and lifestyle opportunities available within surrounding this premium location including the revitalized Canberra Centre and some of the City's finest restaurants on the Bunda Street dining precinct.

Offering it's own private gated courtyard for ease of access at all time, a pinch more privacy without having to use main entrance of the building.

For the added convenience of it's residents, the development also offers a fully equipped gym, roof top terrace and a landscaped inner courtyard with water feature.

Highlights:
- Premium Inner City location
- Moments walk to Lake Burley Griffin & other iconic sites
- Lofted timber windows to the East facing living area
- 85m2 living (approx) incl 8m2 courtyard terrace
- Guest powder room downstairs
- Stone bench tops, Bosch appliances including dishwasher and microwave
- Roller blinds to windows in the living area
- Secure building with intercom access, basement parking & storage
- Split system air conditioning
- Privately gated courtyard access
- Spacious second floor bedroom with separate bathroom
- Ample on-street parking to the front of the development
- Available 6th November, 2023

* This property meets the government requirements for ceiling insulation

Property History for 1/66 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$380,000
19 Dec 2019
Listed for Rent
$500/w
03 Nov 2023
  • 23 Oct 2023
    Listed for Rent $500 / week
  • 02 Aug 2023
    Listed for Rent $500 / week
  • 05 Dec 2022
    Listed for Rent $530 / week
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About City 2601

The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of City in 2011 was 2,824 people. By 2016 the population was 4,261 showing a population growth of 50.9% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation. In 2011, 29.9% of the homes in City were owner-occupied compared with 30% in 2016.

City has 3,284 properties. Over the last 5 years, Houses in City have seen a -6.14% decrease in median value, while Units have seen a 12.78% increase. As at 31 October 2024:

  • The median value for Houses in City is $584,044 while the median value for Units is $574,883.
  • Houses have a median rent of $610 while Units have a median rent of $650.
There are currently 47 properties listed for sale, and 46 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in City.

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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.