42/66 Allara StreetCity ACT 2601
Property Details for 42/66 Allara St, City
42/66 Allara St, City is a 2 bedroom, 2 bathroom Unit and was built in 2005. The property has a land size of 3716m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (June 2021)
Capturing a private, first floor position in the prestigious 'Forum' complex, this large open plan, two-bedroom apartment will appeal to investors, downsizers and first home buyers alike. The distinctive style and high calibre inclusions are brilliantly showcased throughout this 108sqm apartment, leaving nothing more to be desired. The development boasts resort style living with a fully equipped gym and large rooftop BBQ area. Enjoying an ever-popular location directly across the road from Civic Olympic Pool, next to the pedestrian bridge to Commonwealth Park and a short walk to the City Centre.
Living: 93sqm
Total: 108sqm
Private location
Kitchen with generous bench and cupboard space featuring electric cooktop, oven and dishwasher
European laundry with washing machine and dryer
Master bedroom with walk in robe and ensuite
Second bedroom with built in robe
Second bathroom with full length bathtub
Reverse cycle heating and cooling
Double glazed windows throughout
Large balcony with room for a dining table and outdoor setting.
New floorboards and freshly painted throughout
Secure car space underneath with storage cage - potential to rent the car space for $300/month
Average Airbnb rental income of $960/week over the last three years
Secure access intercom and lift to garage
NBN connected
Development boasts resort style living with a fully equipped gym and large rooftop community BBQ area with outstanding views of Parliament House and all the major buildings in the parliamentary triangle, as well as the Brindabella's, Black Mountain Tower and the Canberra cityscape.
Rates: $2,504 per annum
Land tax: $2,033 per annum
Body Corporate: $5,707.80 per annum
Property History for 42/66 Allara St, City, ACT 2601
- 29 Jun 2021Sold for $545,000
- 09 Jun 2021Listed for Sale $550,000+
- 09 Feb 2009Sold for $442,500
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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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