SOLD
Sold on 22 Oct 2024 for $410,000

51/2-8 Akuna Street
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2306m2
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Property Details for 51/2-8 Akuna St, City

Building Type
Commercial
Year Built
1972
Land Size
2306m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 13, Section 12, Unit 51

Property History for 51/2-8 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$410,000
22 Oct 2024
  • 22 Oct 2024
    Sold for $410,000
  • 21 Jul 2021
    Sold for $372,000
  • 17 May 1999
    Sold for $240,000

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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 3,331 properties. Over the last 5 years, Houses in City have seen a -26.66% decrease in median value, while Units have seen a 8.41% increase. As at 30 November 2024:

  • The median value for Houses in City is $668,667 while the median value for Units is $561,789.
  • Houses have a median rent of $640 while Units have a median rent of $650.
There are currently 38 properties listed for sale, and 54 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in City.

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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.