OFF MARKET

503/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 57m2
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Property Details for 503/25 Edinburgh Ave, City

503/25 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 57m2.

Building Type
Unit
Year Built
2014
Land Size
57m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 40, Section 106, Unit 164

Last Listing description (June 2024)

Fully furnished apartment located in the award-winning 'Nishi' building in the NewActon Cultural Precinct. This 5th-floor apartment is ideal for young, socially active professionals. Enjoy breathtaking mountain views that enhance the ambiance and serenity of your living space.

Elegantly designed one-bedroom apartment
Spacious 60 m2 layout

Secure car space included
Generous lockable storage cage
Abundant natural light from floor-to-ceiling glass windows
Comfortable and efficient layout
Stainless steel appliances, gas cooking, stylish kitchen
Hydronic heating, LED lighting, and thermal passive design with a winter garden
Energy-efficient
EER unknown

Located near the Lake, City, and University, Nishi is an iconic part of Canberra's premier Cultural and Art precinct, NewActon. The precinct offers modern urban living amenities, including a cinema, art gallery, cafes, beauty spa, and salon. A 5-minute walk will take you to the City Centre's venues and outlets. NewActon is the place to be in Canberra, providing a vibrant and dynamic lifestyle that caters to all your cultural and social needs. Enjoy stunning mountain views from the comfort of your home, adding a touch of natural beauty to your urban living experience.

*The property is exempt from the Minimum Ceiling Insulation Standards

Please Note: If you would like to inspect the property call Emily on 0439 494 857 or email on emily@crowthers.com.au

Applications can be submitted by clicking 'Apply Online'

Disclaimer:
All information contained herein is gathered from third party sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own independent enquiries and not on the information contained herein. Please Note furnishings may differ as stock images have been used.

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Property History for 503/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$600/w
06 Jun 2024
  • 14 May 2024
    Listed for Rent $600 / week
  • 14 Jan 2020
    Listed for Rent $575 / week
  • 26 Nov 2018
    Listed for Rent $585 / 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 3,283 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 45 properties listed for sale, and 48 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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