OFF MARKET

51/260 City Walk
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 16 Sep 2024
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Property Details for 51/260 City Walk, City

51/260 City Walk, City is a 2 bedroom, 2 bathroom Unit and was built in 2019. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2019
Local Government
Canberra Central
Lot/Plan
CITY: Block 17, Section 12, Unit 51

Last Listing description (October 2022)

This apartment is in a 'As New' condition and never been leased out.Location!
Location! Location! Highgate Canberra is renowned as a quality built and tightly held residential tower located in the heart of Canberra.
Situated at the doorstep of Canberra shopping Centre, restaurants, retail shops and entertainment venues. Nearby are many government institutions and offices. Only 5 minutes' walk to the bus interchange and light rail station and 8 minutes away from coach station to Sydney, The Australian National University is also only a short walking distance away.

It is north east facing with floor to ceiling height glazed windows and sliding doors, allowing lots of natural light and fresh air into the cleverly designed apartment. The full-size kitchen has a wide bench top with breakfast bar. Both bedrooms are spacious and have floor to ceiling height built in wardrobes.
Rental Estimate: $780/wk approx. Body Corporate: $5,000/yr approx.
Features:
- Upgraded floating timber floor to living & dining areas;
- Spacious full size kitchen with ample storage spaces;
- Ducted reverse cycle air conditioning in both lounge and bedroom, all separately controlled. No condenser on the balcony;
- High-end appliances including: 4 burners ceramic cook top, large built-in oven, integrated full size dishwasher, built-in microwave, external exhaust range hood;
- Euro laundry with wall mount dryer, front loaded washing machine & laundry tub;
- Double glazed windows throughout;
- Roller blinds through out;
- Secure car park and extra lock up storage;
- NBN, Foxtel, Free Air TV, Telephone line;
- Near new apartment never been leased out;
- High rental return, low vacancy rate, steady capital growth;
Please contact Rita Feng on 0432 109 538 for more information or arrange a private inspection.

Property History for 51/260 City Walk, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$690,000
21 Oct 2022
  • 21 Oct 2022
    Sold for $690,000
  • 21 Aug 2022
    Listed for Sale Offers Above $699,000
  • 02 Apr 2019
    Sold for $640,000

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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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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.