OFF MARKET

503/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 93m2
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Last updated 16 Sep 2024
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Property Details for 503/2 Marcus Clarke St, City

503/2 Marcus Clarke St, City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1992. The property has a floor size of 93m2.

Building Type
Unit
Year Built
1992
Floor Size
93m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 503

Last Listing description (September 2023)

Located in Canberra's first lakeside residential tower is this superb two bedroom apartment with uninterrupted views over Lake Burley Griffin and up to Parliament house.

Superbly positioned minutes' walk to Lake Burley Griffin and surrounded by the cafes, restaurants and shops that make up the New Acton Precinct.

The open-plan living room, balcony and both bedrooms all have widespread views.

The kitchen is functional with Bosh appliances and lots of storage including walk-in-pantry.

Complete with a bathroom/laundry, ensuite and secure car accommodation and storage.

Capital Tower complex offers a swimming pool, tennis courts, gym and squash room.

Features:
Widespread views & lake side living
New Acton precinct
Walk into Canberra Centre
Level 5
Open-plan living room with balcony
Kitchen with updated Bosch appliances, stone benchtops and walk-in-pantry
Main bedroom with walk-through-robe and ensuite
Second bedroom with built-in-robes
Main bathroom combined with laundry and with a separate toilet
Ducted reverse cycle heating and cooling
One secure car space & storage cage in secure room
Intercom for visitors
Visitor parking
Capital Tower offers swimming pool, tennis courts, gym and squash room facilities

EER: 3
Internal living: 92.5m2 approx
Body Corporate: $2,176 approx P/Q (including sinking fund)
Land Rates: $586 approx P/Q

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Property History for 503/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
  • 17 Nov 2022
    Listed for Sale $699,000

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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 3,318 properties. Over the last 5 years, Houses in City have seen a -3.37% decrease in median value, while Units have seen a 17.15% increase. As at 31 August 2024:

  • The median value for Houses in City is $709,333 while the median value for Units is $584,313.
  • Houses have a median rent of $615 while Units have a median rent of $645.
There are currently 44 properties listed for sale, and 38 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in City.

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