OFF MARKET

1114/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 16 Sep 2024
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Property Details for 1114/25 Edinburgh Ave, City

1114/25 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
2014
Local Government
Canberra Central
Lot/Plan
CITY: Block 40, Section 106, Unit 212

Last Listing description (August 2019)

Sitting on level 11 of the Japanese inspired Nishi project, renowned for it's sustainable design is this high quality residence. You'll be living in the New Acton precinct, close to a variety of shopping, dining, entertainment & employment options & also a short walk from the CBD. From the moment you enter, you are drawn to the end of the apartment & to the uninterrupted views of Lake Burley Griffin, extending all the way from Russell in the East to Stromlo in the West. The kitchen is fitted well & has the rarity of gas cooking & a ducted rangehood, stone benchtops & more storage than meets the eye. This home is very different to your conventional 1 bedroom style apartment. The bedroom area features a fold down bed & extensive built in cabinetry which allows the area to be both a bedroom & a living space at different times of the day. The interior encapsulates modern design features with exceptional cornices lined with LED lighting, double glazing & entrance way doubling as a study nook. Light enters in from both the front & rear of the apartment which also allows for cross ventilation, great in the warmer months but also to let a breeze in away from the road. This energy efficient apartment has been designed to provide flexible living spaces, offering open plan living & enjoying views which are second to none in Canberra. An offering like this is an unreal first step into the market for a first home buyer, a great addition for a savvy investor or a perfect base for the FIFO worker. Inside 1114 Nishi: Single level design 42m2 of indoor space Built in storage & shelf space throughout Bedroom space receives natural light, ventilation & has built in murphy' bed Kitchen has stone benchtops, gas cooktop, ducted rangehood & built in dishwasher Bathroom with shower, toilet, vanity & heated towel rail European laundry with tub & shelving A few extra features: Excellent energy efficiency rating of 6 stars Freshly painted LED lights Double glazing Cross flow ventilation Solar passive design Hydronic heating Solar thermal hot water system No unapproved structures Construction completed in 2012 Single car space & storage cage in basement Outside: Live at Nishi awarded International Project of the Year at the 2015 Building Awards in London 9m2 covered balcony with tap Onsite retailers include: Hotel Hotel, a boutique 68 room hotel, Palace Electric cinemas & Monster Kitchen & Bar Thermal insulation Rainwater collection Quick numbers: Total of 51m2 of indoor & outdoor living 42m2 of living 9m2 balcony Level 11 1 car space Rates: $1,388p.a. Land tax (investors only): $1,601p.a. Body corporate fees: $2,461.pa.Rental estimate: $405 per week

Property History for 1114/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$370,000
08 Aug 2019
Listed for Rent
$420/w
03 Jul 2017
  • 08 Aug 2019
    Sold for $370,000
  • 11 Apr 2019
    Listed for Sale $394,000
  • 07 Jun 2017
    Listed for Rent $420 / 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 3,318 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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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.