OFF MARKET

5/5 London Circuit
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 100m2
Land area: 6923m2
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Property Details for 5/5 London Cct, City

5/5 London Cct, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 6923m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2006
Floor Size
100m2
Land Size
6923m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 58

Last Listing description (December 2021)

Large 2-bedroom apartment located within the desirable 'Metropolitan' development in the heart of the city, enjoy the convenience of living just moments from a plethora of bars, clubs, ANU, cafes and shopping centres only a stone's throw from your doorstep.

This 140sqm apartment contains 100sqm of internal living and 40sqm of external balcony space. It features an open plan kitchen features quality stainless-steel appliances, including dishwasher, plenty of cupboards and bench space. There are two good sized bedrooms, the master with walk-through robe and ensuite, along with private access to the balcony. The main bathroom features a bath tub with separate laundry.

The Metropolitan includes a heated indoor pool, sauna and gym, landscaped communal gardens and bbq areas also serve as the ideal social space to enjoy!

Great investment potential. Currently tenanted and close to university and employment hubs. Public transport connections are already great but will further be improved by Stage 2A of light rail that will have a stop adjacent the complex.
Features include:
Private entry with only 1 other apartment on your floor.
Ducted heating & cooling
2 large balconies
2 parking spaces with separate storage
Large open plan living area
Quality stainless steel appliances
Main bedroom with a walk-through robe & ensuite
Second bedroom with 2 built-in robes
Double vanity in ensuite
Intercom access
Clothes dryer included
Indoor heated swimming pool 25 metre lap pool
Communal gym and sauna
Common BBQ & landscaped garden areas
Rented month to month at $2,694 Per Month
Body Corporate Fees $1,375 PQ
Rates: $410 PQ
Land Tax if rented $492 PQ

Property History for 5/5 London Cct, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$715,000
21 Dec 2021
Listed for Rent
$620/w
16 Jan 2020
  • 21 Dec 2021
    Sold for $715,000
  • 18 Oct 2021
    Listed for Sale $730,000
  • 17 Dec 2019
    Listed for Rent $620 / 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 3,286 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 44 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in City.

Suburb Insights for City 2601

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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.