SOLD
Sold on 06 Jun 2024 for $530,000

178/20 Allara Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
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Property Details for 178/20 Allara St, City

178/20 Allara St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2021. The property has a floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
2021
Floor Size
58m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 18, Section 12, Unit 178

Last Listing description (July 2024)

Discover city living at its finest with this exquisite, as new apartment at Parkview, Canberra City. Nestled close to the heart of the Canberra CBD, indulge in the convenience of proximity to coffee shops, restaurants, shopping havens, and seamless transport options. The residence boasts a spacious and light-filled living area, creating a welcoming ambiance for relaxation or entertaining.

Experience comfort in the generous-sized bedroom, complete with built-in storage solutions for effortless organization. Step onto the balcony and be captivated by sweeping views of the tree-filled Capitol Hill and the serene waters of Lake Burley Griffin. "This is more than just your home; it's a lifestyle". Embrace the vibrancy of city living with this superbly located apartment.

Your sun-drenched, urban oasis awaits!

Features of this property -

- Light filled living
- Stainless steel kitchen appliances
- Generous bedroom with built-in robe
- Ducted reverse cycle heating and cooling for your comfort
- European laundry
- Car space and storage cage
- City living redefined
- Serenity in the heart of Canberra
- Luxury living with everything at your door step

Living size 58m2
Balcony size 7m2
Rates $1,680 per annum (approx.)
Land Tax $1,960 per annum (approx.)
Body corporate $3,915.80 per annum (approx.)
Currently rented $540 per week until 13 December 2023.

Property History for 178/20 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$530,000
06 Jun 2024
Listed for Rent
$520/w
10 Dec 2022
  • 06 Jun 2024
    Sold for $530,000
  • 25 Jan 2024
    Listed for Sale $525,000+
  • 04 Nov 2022
    Listed for Rent $520 / 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 3,283 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 45 properties listed for sale, and 48 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 146 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.