OFF MARKET

57/3 London Circuit
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 6923m2
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Property Details for 57/3 London Cct, City

57/3 London Cct, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 6923m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2007
Floor Size
102m2
Land Size
6923m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 246

Last Listing description (September 2023)

Framed by the panoramic backdrop of the surrounding city and across towards Lake Burley Griffin to the south, an exciting cosmopolitan lifestyle awaits, owning and enjoying this revived and refreshed two bedroom ensuite, seventh-floor, southeast corner apartment.

Moments from the planned light rail,(currently under construction), its ultra-convenient location will only be enhanced by this improved access to the Parliamentary Triangle and Woden Town Centre.

Spend your mornings at any of the nearby cafes, or enjoy a short stroll to a variety of restaurants, eateries and entertaining venues.

You might even consider taking afternoon strolls along the nearby Lake Burley Griffin boardwalk?

A versatile floor plan includes an open plan living area, boasting expansive full-length windows; an enticing balcony embraced by morning sun, and a space-efficient kitchen, with island bench, encouraging informal day to day gatherings and casual entertaining.

Both bedrooms are generous and include built-in robes.

Quality appointments include ducted reverse cycle air conditioning, generous bathrooms and two security car parks.

If where you live is important and you'd prefer to spend more time being where you want to be - rather than wasting time in traffic, getting to where you'd like to be, circle this one.

FEATURES:
? Two bedrooms
? Ensuite - double vanity
? Open plan living
? Living area: 106m2
? Balcony: 18m2

? Fisher & Paykel dishwasher
? Fisher & Paykel electric oven
? Fisher & Paykel electric hot plates(4)
? Rangehood
? McQuay ducted reverse cycle a/c
? Westinghouse clothes dryer
? Hot water - individually metered
? Two secure parking spaces

? Unit plan 3063
? Unit entitlement 31
? Body corp: $1,623.36 per quarter
? General rates $507.99 per quarter
? Water rates $175.50 per quarter
? Current anticipated rental return: $730 - $760/week*
? Land Tax(if tenanted): $615.32 per quarter

* Potential rental return $760/week, during strong rental periods

Property History for 57/3 London Cct, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$750,000
31 Aug 2023
Listed for Rent
$700/w
10 Jan 2022
  • 31 Aug 2023
    Sold for $750,000
  • 10 Aug 2023
    Listed for Sale Not Disclosed
  • 29 Sep 2021
    Listed for Rent $700 / 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 46 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.