OFF MARKET

511/16 Moore Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
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Last updated 11 Nov 2024
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Property Details for 511/16 Moore St, City

511/16 Moore St, City is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2000. The property has a floor size of 64m2.

Building Type
House
Year Built
2000
Floor Size
64m2
Local Government
Canberra Central

Last Listing description (May 2024)

Are you a first home buyer or investor? You must ensure a visit to 'The Globe'!
Located on the fifth floor, this elevated, neat and tidy property is situated to make the most of walking, riding or taking the light rail. The generous floor plan offers a large kitchen, open plan living and dining that flows to a private terrace.

The Globe has a full gym and large open roof top area for those bigger get together's with family and friends. Lift access from the secure basement parking and intercom entry to the building.
One of the biggest benefits of buying something a little older is securing more space for your money, so please come along and see for yourself. The owner has enjoyed good rental return over the years and is now ready to meet the market.
Please pop into an open home or give me a call to discuss this opportunity. This price point represents exeptional value in the City Center!
Property features;
- Situated on the quiet side of the building
- Kitchen with stone work tops, terrific storage & electric appliances
- Washing machine, dryer, dishwasher, microwave & fridge included
- 2-way bathroom is super convenient if you have a visitor; vanity recently replaced
- Good storage to the apartment
- Carpet recently replaced
- Reverse cycle air conditioning
- Private terrace
- 1 basement car space + a storage cage
- Living size; 64sqm + 12 sqm Balcony
- Rates; $436.00per quarter
- Land Tax; $520.00 per quarter IF RENTED
- Body Corp; $1,270.00 per quarter

Property History for 511/16 Moore St, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$500/w
10 Nov 2022
  • 02 Aug 2023
    Listed for Sale Sold

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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 47 properties listed for sale, and 46 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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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.