SOLD
Sold on 17 Sep 2024 for $465,000

7/260 City Walk
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 1664m2
Sold By
Suburbia Real Estate
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Property Details for 7/260 City Walk, City

7/260 City Walk, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 1664m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
62m2
Land Size
1664m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 17, Section 12, Unit 7

Last Listing description (October 2024)

For those seeking the epitome of city living, Highgate offers an unparalleled lifestyle. Residents can anticipate a wealth of entertainment, dining, and retail options right at their doorstep. Additionally, the proximity of numerous public and private offices, as well as the esteemed Australian National University, make Highgate an ideal choice for those seeking convenience and sophistication.

Residents of Highgate are granted access to an array of exceptional communal facilities located on level 9, including a pristine swimming pool, barbecue area, lounge or theatre, and gymnasium.

Features include:
- Modern and contemporary design
- Reverse cycle heating and cooling
- Functional kitchen with well-equipped appliances and fridge
- Pool, barbecue area, lounge or theatre, and gymnasium
- Washer & Dryer included
No current EER

This 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

Property History for 7/260 City Walk, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$465,000
17 Sep 2024
Listed for Rent
$560/w
24 Oct 2024
  • 11 Oct 2024
    Listed for Rent $560 / week
  • 17 Sep 2024
    Sold for $465,000
  • 22 May 2024
    Listed for Sale SOLD - $465,000
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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 3,282 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.