OFF MARKET

1002/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 2276m2
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Last updated 16 Sep 2024
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Property Details for 1002/25 Edinburgh Ave, City

1002/25 Edinburgh Ave, City is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 2276m2 and floor size of 75m2.

Building Type
House
Year Built
2014
Floor Size
75m2
Land Size
2276m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 40, Section 106, Unit 83

Last Listing description (February 2022)

The NewActon Precinct is a vibrant place to live with a wealth of events and displayed art. This community has plenty to see and do with the Palace Cinemas at your doorstep along with Parlour Wine Room, Monster Kitchen and Bar and Mocan and Green Grout' just to name a few. The Precinct unlocks a lifestyle which balances work and play to ensure that you can spend time in the highest quality venues, cafs and restaurants Canberra has to offer.

This fully furnished apartment is a 2 bedroom, 1 bathroom design which features amazing styling and unparalleled functionality. A huge study space, plenty of storage and uninterrupted picturesque views of Black Mountain and the iconic Telstra Tower. This apartment also comes with a dedicated car parking space and a generous storage cage.

This apartment is also part of the Ovolo Nishi Hotel Scheme, this means as an investment property you never have to worry about the property being vacant as we offer a 0% vacancy rate and a guaranteed return of $31,000 per year, a 4.3% rental return.

Crowthers of NewActon are specialists in the NewActon Precinct and pride ourselves on understanding the needs of the people in the precinct.

Beautiful mountain views
Verosol block out blinds
Daily professional cleaning included
Low body corporate fees
Spacious kitchen with Bosch appliances
Secure car space and storage cage
Direct access to cinema's, cafes, restaurants and shopping
Walking distance from the Canberra CBD and ANU

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Property History for 1002/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
  • 09 Nov 2015
    Listed for Sale $695,000+

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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 3,318 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.

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