SOLD
Sold on 31 May 2024 for $755,000

8/1 The Mews
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 6923m2
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Property Details for 8/1 The Mews, City

8/1 The Mews, City is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2007. The property has a land size of 6923m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in City in the last 12 months.

Building Type
House
Year Built
2007
Floor Size
92m2
Land Size
6923m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 56

Last Listing description (August 2017)

This 2 bedroom apartment is spread over two levels with the large open plan living room, kitchen and powder room on the lower level and the two bedrooms and bathroom on the top floor.Spacious bedrooms with the main bedroom featuring a walk in wardrobe and the second bedroom with a built in wardrobe.There are four balconies to compliment the apartment- two from the living room and one from each of the bedrooms.Want to be able to store additional items? Your very own lockable storage cage is located in the secure carpark.The apartment is located in the East Mews- which is in the middle of the complex- separating the two towers.Featuring a pool, spa, sauna, gym and BBQ area inside the complex, this apartment is perfect for anyone wanting to live in the City.The apartment is located in The Mews section of the Metropolitan complex- off Gordon Street and Edinburgh Avenue

Property History for 8/1 The Mews, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$755,000
31 May 2024
Listed for Rent
$530/w
31 Aug 2017
  • 31 May 2024
    Sold for $755,000
  • 30 Jun 2022
    Transferred
  • 22 Oct 2020
    Sold for $524,000
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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 3,286 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 44 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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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.