OFF MARKET

63/260 City Walk
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
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Last updated 16 Sep 2024
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Property Details for 63/260 City Walk, City

63/260 City Walk, City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Year Built
2019
Floor Size
87m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 17, Section 12, Unit 63

Last Listing description (July 2024)

This two bedroom apartment is situated in an exclusive complex right in the heart of the City. Within walking distance to everything you need. When you walk through the generous living space you are greeted with a view that is breathtaking. You will never want to leave.

Features include:

- Master bedroom with walk-in robe and ensuite
- Modern and top of the range kitchen appliances
- Dishwasher
- Ducted reverse cycle air conditioning
- Basement parking with allocated space and storage cage
No current EER

The property has a valid exemption and is not required to comply with the minimum ceiling insulation standard.

Suburb Snapshot
Civic is the name by which the central business district of Canberra is commonly known. It is also called Civic Centre, City Centre, Canberra City and Canberra, but its official division name is City.

Canberra's City was established in 1927, although the division name City was not gazetted until 20 September 1928. Walter Burley Griffin's design for Canberra included a "Civic Centre" with a separate "Market Centre" located at what is now Russell. However Prime Minister Stanley Bruce vetoed this idea and only the Civic Centre was developed; the idea of the Market Centre was abandoned.

Disclaimer:
Please note that while all care has been taken regarding general information and marketing information compiled for this rental advertisement, LJ HOOKER CANBERRA CITY does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective tenants to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

PETS:
Please be aware that at all stages of tenancy this property requires consent to be sought from the lessor for the keeping of any pets at the premises. Consent must be provided before any pets are at the premises.

RENTING BOOK:
https://www.justice.act.gov.au/__data/assets/pdf_file/0008/2443472/Renting-Book-May-2024.pdf

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Property History for 63/260 City Walk, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$609,900
01 Jun 2016
Listed for Rent
$675/w
11 Jun 2024
  • 11 Jun 2024
    Listed for Rent $675 / week
  • 15 May 2023
    Listed for Rent $670 / week
  • 07 Jun 2019
    Listed for Rent - Price not available
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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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