1005/25 Edinburgh AvenueCity ACT 2601
Property Details for 1005/25 Edinburgh Ave, City
1005/25 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in City in the last 12 months.
Last Listing description (October 2024)
Capitalise on Canberra's high occupancy rates with this exceptional investment opportunity—an 'ORIN STYLE' apartment on the 10th floor of the iconic Nishi Building, now available for immediate occupancy.
Perfect for those seeking an investment that combines urban living with a touch of serenity, Nishi stands out with its cutting-edge design, innovative architecture, and smart space utilisation. Ideal for FIFO professionals, young achievers, or socially active individuals, this sleek apartment features smart storage solutions, floor-to-ceiling double-glazed windows, and striking aesthetics—guaranteed to impress.
With the apartment vacant and ready for your personal touch, it’s an exceptional high-yield investment in constant demand. Don’t miss this rare opportunity—secure a property offering both comfort and convenience, all within walking distance of ANU and Canberra's legal precinct.
- Rates: $1,867.63 p.a.
- Levies: $3,345.44 p.a.
- Land Tax (Investors Only): $2,336.23 p.a.
- Anticipated Rent: $520–$550 per week
Property History for 1005/25 Edinburgh Ave, City, ACT 2601
- 28 Oct 2024Sold
- 24 Sep 2024Listed for Sale $425,000 +
- 08 Jun 2022Listed for Rent $465 / 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 3,288 properties. Over the last 5 years, Houses in City have seen a -2.25% decrease in median value, while Units have seen a 14.79% increase. As at 30 September 2024:
- The median value for Houses in City is $677,336 while the median value for Units is $577,166.
- Houses have a median rent of $600 while Units have a median rent of $650.
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