SOLD
Sold on 20 May 2024 for $370,000

16/2-8 Akuna Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 2306m2
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Property Details for 16/2-8 Akuna St, City

16/2-8 Akuna St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 2306m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
61m2
Land Size
2306m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 13, Section 12, Unit 16

Property History for 16/2-8 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$370,000
20 May 2024
  • 20 May 2024
    Sold for $370,000
  • 01 Feb 2021
    Transferred
  • 27 Oct 2020
    Sold for $270,000
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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 3,286 properties. Over the last 5 years, Houses in City have seen a -6.14% decrease in median value, while Units have seen a 12.78% increase. As at 31 October 2024:

  • The median value for Houses in City is $584,044 while the median value for Units is $574,883.
  • Houses have a median rent of $610 while Units have a median rent of $650.
There are currently 46 properties listed for sale, and 44 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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