OFF MARKET

100/20 Allara Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Sep 2024
Low

High
Save

Property Details for 100/20 Allara St, City

100/20 Allara St, City is a 1 bedroom, 1 bathroom Unit. The property has a floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Floor Size
59m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 18, Section 12, Unit 100

Last Listing description (April 2023)

This well situated one bedroom apartment offers everything from convenience to an abundance of sunlight to excellent investment potential. Located in the heart of the City and just a stones throw away from the Canberra Centre and award-winning local eateries that will fill your evenings with delight. It is also within moments to Australian National University which is arguably one of the best universities that Australia has to offer.

The apartment features contrasting colours of black and white which is striking and creates an elegant feel throughout. Drenched in natural sunlight and therefore appealing to everyone that's looking for a bright and airy space. The kitchen has sleek black cupboards which are complimented by the built-in black appliances as well as the expansive stone benchtop. Feel comfortable all year round with the ducted heating and cooling system.

Currently tenanted at $575 per week on a fixed-term lease until 2nd October 2023 and is currently used as an AirBnb so there is plenty of opportunity for this property to provide a fantastic return

Summary:
Flooded with natural light
Tenanted to an Air BNB client and therefore has great investment returns
Excellent location in the heart of Canberra CBD
Modern finishes
Sleek black and white kitchen with black appliances
Built in microwave
Storage cage included
59m2 internally & 7m2 of balcony space

Figure summary (all approx.):
Body corporate: $689p.q
General rates: $421p.q
Water & sewerage: $175p.q
Land tax (if let): $490p.q
Built in 2021

Property History for 100/20 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$550,000
04 Apr 2023
  • 04 Apr 2023
    Sold for $550,000
  • 25 Jan 2023
    Listed for Sale $549,000+
  • 31 Oct 2017
    Sold for $425,000

Commute Calculator

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 3,318 properties. Over the last 5 years, Houses in City have seen a -3.37% decrease in median value, while Units have seen a 17.15% increase. As at 31 August 2024:

  • The median value for Houses in City is $709,333 while the median value for Units is $584,313.
  • Houses have a median rent of $615 while Units have a median rent of $645.
There are currently 44 properties listed for sale, and 38 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in City.

Suburb Insights for City 2601

Market Insights
City Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
City Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.