SOLD
RECENT ADVICE
Sold on 15 Aug 2024 for $493,000

83/20 Allara Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 83/20 Allara St, City

83/20 Allara St, City is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Apartment sold in City in the last 12 months.

Building Type
Apartment
Local Government
Canberra Central
Lot/Plan
CITY: Block 18, Section 12, Unit 83

Last Listing description (August 2024)

What you see:
A high quality residence, city views and a prime location.

What we see:

A desirable Park Avenue address providing optimum convenience with unparalleled access to the city lifestyle.

See more:
Kitchen featuring stone benchtops, marble splash back, ceramic cooktop, oven, dishwasher, in-built microwave and ample storage
Master bedroom includes built-in robe
European laundry with washer dryer combination
Floor to ceiling tiles & mirrored shaving cabinet in bathroom
Double-glazed windows and sliding doors
Dakin ducted reverse-cycle heating and cooling
Intercom access
Located on level 10 with a North West aspect
Amenities include gym, communal garden and BBQ
One secure allocated car park and storage cage
Currently rented at $560 per week until April 2025 (Claim your stamp duty back)
Within a 1 minute walk to Canberra CBD
Within a 13 minute walk to Braddon Dining Precinct
Within a 4 minute drive to ANU
Within a 6 minute drive to Lake Burley Griffin
Within a 10 minute drive to Mount Ainslie

Living: 58m²
Balcony: 7m²
Total: 65m²
EER: 6.0
Built: 2021
Strata: $819.60 per quarter
Rates: $1,720 per annum
Land Tax: $2,053 per annum (only applicable if rented)
Rental appraisal - $550-$570 per week.
Currently rented at $560 per week

Disclaimer: The material and information contained within this marketing is for general information purposes only. HIVE Property does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

Property History for 83/20 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$493,000
15 Aug 2024
Listed for Rent
$540/w
24 Feb 2023
  • 15 Aug 2024
    Sold for $493,000
  • 22 May 2024
    Listed for Sale $493,000
  • 12 Jan 2023
    Listed for Rent $540 / 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 3,283 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.

Suburb Insights for City 2601

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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.