34/2 Edinburgh AvenueCity ACT 2601
Property Details for 34/2 Edinburgh Ave, City
34/2 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 6923m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
Last Listing description (December 2018)
This apartment is a smart buy for any investor with the tenants on a fixed lease of $460 / week. This would be a great asset to your growing investment protfolio or the perfect start for a first home buyer.The superb city location & outstanding design of The Metropolitan' gives its residents the best that Canberra can offer with everything you need just a short walk away This beautifully maintained 1 bedroom apartment is just moments from the popular NewActon precinct, trendy restaurants, bars, Canberra's best nightlife choices, ANU, parks & walking trails. It offers a generously sized bedroom with walk-in robe, stylish bathroom with attractive floor-to-ceiling tiles & space saving European-style laundry. Enjoy the sundrenched open plan living & dining area that flows to a spacious balcony along with a modern kitchen featuring stone benchtops & stainless-steel appliances & quality finishes.
The Metropolitan' offers a heated swimming pool, gymnasium, sauna, barbecue area, a stunning communal courtyard & social space, basement parking, storage cage & lift access.
With the benefits of city living at your doorstep, resort style facilities & a beautiful apartment to call home, you can't go past this opportunity.
Open plan living to maximize space
Large sunlit balcony
Generous bedroom with walk through double sided mirrored wardrobe
Reverse-cycle heating & cooling
European-style laundry
Modern kitchen equipped with dishwasher, ceramic cook top, under bench oven & a large portable bench
25-metre indoor heated pool
Fully equipped gym
2 barbeque courtyards
Swipe/intercom entry
Lift access
Basement parking with storage cage
Currently leased at $460 per week on a fixed term lease till February 2019
Property History for 34/2 Edinburgh Ave, City, ACT 2601
- 05 Dec 2018Sold for $395,000
- 16 Oct 2018Listed for Sale $390,000+
- 27 Mar 2007Sold for $285,000
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0About 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.
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