OFF MARKET

123/20 Allara Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 16 Sep 2024
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Property Details for 123/20 Allara St, City

123/20 Allara St, City is a 2 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
CITY: Block 18, Section 12, Unit 123

Last Listing description (May 2023)

Park Avenue offers a high-end lifestyle at an excellent address. Well positioned alongside Canberra's prime retail and office space in the heart of the City we have a great two bedroom property that will suit the discerning renter looking for a stylish property in an excellent location.

Centrally located in the city means you are only minutes away from Canberra's premium shopping and dining destinations

Features include:

Floor to ceiling double glazed windows

Franke oven, ceramic cooktop, dishwasher

Bathroom featuring luxurious fixtures and custom joinery

Stone kitchen benchtops and splashbacks

Ducted reverse cycle air-conditioning to living room and bedrooms

Commercial grade gym and communal garden with a barbecue area on Level 4

Basement parking and one allocated car space

200m to Canberra Centre and main shopping district

Short stroll to Commonwealth Park and Lake Burley Griffin

Walking distance to the ANU, CBD, City Bus Interchange and Light Rail

Only 10 min drive to Canberra Airport

EER 7.5

Available from 21/04/2023

*This property is compliant with minimum energy standards.

Please note that at all stages of the tenancy, pets shall not be kept on the premises without the written consent of the Lessor/Agent.

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Property History for 123/20 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$559,900
02 Mar 2018
Listed for Rent
$660/w
23 May 2023
  • 30 Mar 2023
    Listed for Rent $660 / week
  • 16 Apr 2021
    Listed for Rent $650 / week
  • 02 Mar 2018
    Sold for $559,900

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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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