OFF MARKET

63/66 Allara Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 3716m2
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Property Details for 63/66 Allara St, City

63/66 Allara St, City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 3716m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
2002
Floor Size
83m2
Land Size
3716m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 4, Section 10, Unit 63

Last Listing description (December 2019)

The Forum is the only residential apartment building that is located within the Parliamentary Triangle. As such it offers the convenience of being both on the door step of the city on one side and Lake Burley Griffin on the other. This central Canberra location has made the development popular with both owner occupiers and investors alike. So whether you are heading out for dinner and a show or for a picnic in Commonwealth Park you can leave the car at home and stroll to your destination.

The spacious two bedroom ensuite design provides for good separation in the bedrooms and spacious open living areas flowing out onto a covered balcony. The kitchen is in great condition and features good quality electric appliances and stone bench tops. There are plenty of cupboards throughout the apartment including a linen cupboard. This apartment is much more generously proportioned than many of the new developments being built in Canberra. It has a great feeling of space.


The common areas at "the Forum" are stunning with; a landscaped central atrium brimming with vibrant plantings, a well-equipped gym and a roof top terrace ready for a BBQ with friends. The apartment also comes with security parking, reverse cycle air-conditioning and storage cage.

This central location and spacious two bedroom apartment is ideal for a student going to ANU to share or owner occupiers who appreciate the size, space and location on offer.

Features include:
- Reverse cycle air conditioning
- Large covered balcony
- Security car parking
- Modern kitchen with stone benchtops
- Dishwasher
- Roof top terrace and BBQ's
- Well-equipped gym
- Stroll to Lake or city centre
- Lift access
- Currently rented on month to month lease at $520pw
- Rates $1,147.48 pa
- Land tax if rented $359.17pq
- Body Corporate fees $1,270.18pq
- Living area 80sqm
- Balcony 25sqm

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Property History for 63/66 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$466,000
26 Nov 2019
Listed for Rent
$510/w
14 Nov 2016
  • 26 Nov 2019
    Sold for $466,000
  • 16 Nov 2018
    Listed for Sale $509,900
  • 14 Oct 2016
    Listed for Rent $510 / 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 3,318 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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