OFF MARKET

314/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 314/25 Edinburgh Ave, City

314/25 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit and was built in 2014.

Building Type
Unit
Year Built
2014
Local Government
Canberra Central
Lot/Plan
CITY: Block 40, Section 106, Unit 208

Last Listing description (December 2021)

**PLEASE NOTE: A CONTRACT WILL NOT BE ISSUED PRIOR TO AN INSPECTION OF THE PROPERTY. **

Positioned on the 3rd floor of the highly acclaimed Nishi Building and enjoying uninterrupted water and mountain views, this one bedroom apartment is sure to impress. Nishi was awarded the prestigious International Project of the Year winner in 2015. Features of the apartment are - Cross flow ventilation, a solar thermal hot water system, passive solar heating, double glazing, hydronic radiators, Bosch appliances and rainwater collection. Within the complex there is Monster Restaurant and bar, 'Palace Cinemas with 8 digital screens and multiple cafes and restaurants are right on your doorstep. Nishi Apartments represents superb design, functionality and location, with artistic integrity and a six star energy rating. Located within the artistic hub of the NewActon /City West precinct, this is Canberra's new culturally significant and most vibrant hotspot, all while being only a few minutes walk from the centre of the City. This apartment is bound to make life more enjoyable.

Property features:
Sweeping views of Lake Burley Griffin, Parliament House, the National Museum and the distant mountains
Well equipped galley style kitchen with Bosch appliances
Double glazed windows
Ceiling fans in living area and bedroom
Solar thermal hot water system,
Passive solar heating
Low voltage L.E.D strip lighting
Hydronic radiators (heaters)
Cross flow ventilation windows
Main bathroom with a frameless glass shower, floor to ceiling tiles
Stunning open-roof atrium leading into the apartment
Architecturally designed by Fender Katsalidis architects
NISHI Awarded '2015 International Project of the Year'
Located within the trendy NewActon Precinct and a short stroll to civic
Secure underground car park and storage cage
Currently rented $460 a week month to month

Property size:
Residential: 44 sqm
Balcony: 9 sqm

Body Corporate:
$3,308 P.A

Rates:
$1,420 P.A

Land tax (only if rented):
$1,718.87 P.A

Energy efficiency rating:
6.0

Year of construction:
2012

Comparable sales Date Price

905/25 Edinburgh Avenue, City- (14/09/2021) ($420,000)
503/222 City Walk, City -(14/07/2021) ($420,000)
30/15 Coranderrk Street, City- (08/01/2021) ($420,000)
59/2 Edinburgh Avenue, City- (30/03/2021) ($420,000)
318/83 Cooyong Street, City- (30/09/2021) ($415,900)
80/15 Coranderrk Street, City- (07/05/2021) ($415,000)
38/1 Gordon Street, City- (26/03/2021) ($412,000)
72/15 Coranderrk Street, City- (16/02/2021) ($411,500)
65/15 Coranderrk Street, City- (28/10/2021) ($405,000)
111/15 Coranderrk Street, City- (19/07/2021) ($399,000)
52/66 Allara Street, City- (02/06/2021) ($395,600)
308/222 City Walk, City- (25/08/2021) ($390,000)

Property History for 314/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
  • 21 Nov 2021
    Listed for Sale $400,000+
  • 07 May 2015
    Listed for Sale $380,000+

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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 3,283 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 47 properties listed for sale, and 46 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.