OFF MARKET

72/20 Allara Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 16 Sep 2024
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Property Details for 72/20 Allara St, City

72/20 Allara St, City is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
CITY: Block 18, Section 12, Unit 72

Last Listing description (July 2023)

We have on offer a beautifully presented one bedroom apartment situated on level 9 of the Park Avenue complex. As soon as you enter the complex you will notice the quality, fully equipped with a communal garden and BBQ area as well as its own gym area making this complex a truly wonderful place to reside.

In unit 72 you will first notice the beautiful views on the spacious balcony of Black Mountain Tower. Into the home you will find the bathroom featuring luxurious fixtures and custom joinery as well as the kitchen completed with Franke appliances including a dishwasher, cooktop and oven. The apartment includes stone benchtops, floor to ceiling double glazed windows, a spacious European laundry with a washer and dryer included as well as ducted reverse cycle air-conditioning.

The complex is located just 200m from the Canberra Centre and main shopping district, a short stroll to Commonwealth Park & Lake Burley Griffin as well as to ANU, City bus interchange and the Light Rail.

Don't wait, this is an opportunity not to be missed!

Features:
? Floor to ceiling double glazed windows
? Franke appliances
? Ducted reverse cycle air-conditioning
? Basement parking & storage cage
? Stone benchtops and splash backs
? EER: 6 stars
? Strata: $670 pq
? Rates: $1395 per annum
? Land Tax ( investors): $1718
? 10 minute drive to Canberra Airport

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Property History for 72/20 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$450,000
30 Jun 2023
Listed for Rent
$570/w
19 Jun 2023
  • 30 Jun 2023
    Sold for $450,000
  • 15 Jun 2023
    Listed for Sale $430,000 +
  • 05 May 2023
    Listed for Rent $570 / 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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