SOLD
Sold on 21 Aug 2024 for $740,000

55/3 London Circuit
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 99m2
Land area: 6923m2
Sold By
Hayman Partners
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Property Details for 55/3 London Cct, City

55/3 London Cct, City is a 2 bedroom, 2 bathroom Unit and was built in 2007. The property has a land size of 6923m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
99m2
Land Size
6923m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 244

Last Listing description (October 2024)

The natural light and vast open spaces will certainly attract you to this great inner-city apartment. Featuring a open plan design, the living kitchen and dining room are completely engulfed in natural light thanks to the North and East facing floor to ceiling windows. Terrific views can been seen of the city scape, tree tops and Telstra Tower.

The Kitchen itself includes a sizable island benchtop with an abundance of storage, additionally appliances include a electric cooktop, oven and dishwasher. Off the kitchen is the open dining space that makes it easy to pass meals and entertain to. The living area offers plenty of room for entertaining and could even fit a study space. The whole space has been elevated thanks to the brand-new hybrid flooring. From the living room you come out onto the light filled balcony that is ideal for hosting friends or enjoying the sunlight and views.

Accommodation consists of two well sized bedrooms. The main bedroom in oversized and features terrific sunlight and views towards Telstra Tower. Included are two built in robes and a sizable ensuite. The second bedroom again features great sunlight, built in robe, and includes a secondary door with direct access to the dining room. The main bathroom is again well sized and includes a bathtub.

The Metropolitan is a popular inner-city complex designed with lifestyle in mind. The lobby includes secure access, seating and artwork, while additional amenities include a sauna, gym, BBQ areas and indoor lap pool. The location itself offers upmost convenience, being only a short walk to the City itself, while also being near key employment hubs and lifestyle areas. Close establishments include the QT Hotel, Rebel Rebel restaurant, The Cupping Room Caf, and Terra kitchen. Close by is access to the ANU campus.

Features:
- New hybrid flooring through living areas
- Freshly laid carpet in bedrooms
- Large North and East facing windows
- Separate laundry
- Two basement carapace and storage
- Roller blinds throughout
- Island benchtop in kitchen

Figures:
Body Corp $1869pq
Rates $508pq
Land Tax $608pq
Internal Size 101m2
Balcony Size (13m2 +1m2)
EER 6 Stars

Property History for 55/3 London Cct, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$740,000
21 Aug 2024
Listed for Rent
$670/w
17 Feb 2022
  • 21 Aug 2024
    Sold for $740,000
  • 25 Jul 2024
    Listed for Sale $740,000
  • 06 Jan 2022
    Listed for Rent $670 / 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 3,288 properties. Over the last 5 years, Houses in City have seen a -2.25% decrease in median value, while Units have seen a 14.79% increase. As at 30 September 2024:

  • The median value for Houses in City is $677,336 while the median value for Units is $577,166.
  • Houses have a median rent of $600 while Units have a median rent of $650.
There are currently 44 properties listed for sale, and 40 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.