OFF MARKET

18/2 Edinburgh Avenue
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
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Property Details for 18/2 Edinburgh Ave, City

18/2 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2006
Floor Size
65m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 95

Last Listing description (July 2023)

Create your ultimate lifestyle living in this spacious and updated 'Metropolitan' residence conveniently positioned in the vibrant City precinct. Complete with new carpets, roller blinds, freshly painted within and updated lighting, this property is ideal for any first home buyer looking to enter the market, a live-in owner seeking to live in this premium location, or the astute investor seeking an addition to their property portfolio.

Internally, the open plan layout offers a large setting with plenty of space to spread out and relax in comfort. Enjoy the flexible options to create an inviting lounge room for day-to-day living, as well as an allocated dining area for hosting guests in style. Extend your living out onto the generous balcony that offers the perfect space to relax quietly outside or entertaining friends and family.

Connecting nicely with the living and dining areas, the kitchen is well-positioned and provides a practical space to cook all those homemade meals. Fitted with stainless steel appliances, an integrated dishwasher, ample pantry and bench space, along with a mobile bench for additional cooking space, this kitchen is sure to make for easy and simple meal preparation.

Resonating a peaceful setting to come home to and relax, the bedroom is well-sized with a walk-through robe and windows for additional light. The two-way bathroom with full-height tiling offers you direct and private access from the bedroom, along with separate access from the living area for guests.

Storage within the property has also been thoughtfully catered for with the separate laundry room and linen cupboard providing plenty of space. In addition, the storage cage within the basement car park allows for further storage space.

There is something to enjoy in every direction living within this vibrant City precinct within Canberra's CBD. The ultra-convenience of being within easy walking distance to the City Centre, Braddon (Lonsdale & Mort Street), The Australian National University and New Acton with a plethora of restaurants, cafes, bars, shops and amenities to keep your social calendar busy, is ideal for any buyer looking to experience the luxury of living in this desirable location.

In addition, the resort style amenities within the Metropolitan complex offer you the enjoyable options to take advantage of the indoor swimming pool, gym and sauna to relax in your spare time. The communal gardens and barbecue area also present a peaceful setting for hosting larger social gatherings with friends and family on evenings or weekends.

Summary of features:
Updated 'Metropolitan' residence situated on level 2
New carpet, freshly painted & new lighting
Large open plan layout for day-to-day living
Allocated dining space for hosting guests
Entertainers' balcony for outdoor relaxation
Reverse cycle air-conditioning
New roller blinds to the living area & bedroom
Practical kitchen layout for easy meal preparation
Fisher & Paykel oven
Integrated dishwasher
Mobile benchtop for additional bench & storage space
Ample pantry & cupboard space
Well-sized bedroom with plenty of natural light & a walk-through robe
Two-way bathroom for added convenience
Full-height tiling to the bathroom
Separate laundry room with a linen cupboard for storage space
Intercom access
Basement car parking with a storage cage
Communal indoor swimming pool, gym & sauna
Resort style gardens & barbecue area
Vacant & ready to move into now

Located close to:
Within Canberra's CBD
Canberra City Centre
Braddon district (Lonsdale & Mort Street)
New Acton QT Hotel
The Australian National University
Commonwealth Park & Lake Burley Griffin

Key figures:
Living area: 65m2
Balcony: 9m2
Rates: $1,381 p.a. (approx.)
Land tax (investor's only): $1,579 p.a. (approx.)
Strata: $4,608 p.a. (approx.)
EER: 6

Property History for 18/2 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$492,500
07 Jul 2023
Listed for Rent
04 Mar 2015
  • 07 Jul 2023
    Sold for $492,500
  • 09 Jun 2023
    Listed for Sale Offers over $490,000
  • 04 Jun 2015
    Listed for Sale $950,000+
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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 3,284 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 45 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 138 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.