SOLD
Sold on 30 Jul 2024 for $415,000

4/48 Abena Avenue
Crace ACT 2911

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 2023m2
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The Property Collective | ACT
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Property Details for 4/48 Abena Ave, Crace

4/48 Abena Ave, Crace is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 2023m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Crace in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
49m2
Land Size
2023m2
Local Government
Gungahlin
Lot/Plan
CRACE: Block 1, Section 25, Unit 4

Last Listing description (July 2024)

Welcome to 4/48 Abena Avenue, a meticulously maintained ground-floor one-bedroom apartment, ideal for first-time buyers, downsizers, or savvy investors. Perfectly positioned across from Crace Shops, this home offers a blend of convenience and contemporary living.

Upon entry, you'll be greeted by an inviting open-plan layout designed for modern lifestyles. The sunlit living space, featuring a northerly aspect, seamlessly extends to two outdoor areas a rare feature for an apartment of this size, creating an effortless indoor/outdoor living experience.

The stylish kitchen is equipped with quality stainless steel appliances, including a SMEG gas cooktop, oven, and dishwasher, catering to culinary enthusiasts.

Secure parking and two separate storage areas add to the practicality and convenience of this delightful home.

Located in one of Gungahlin's most sought-after suburbs, Crace offers an array of amenities, including Supabarn Express, Clublime Gym, daycare facilities, and more. Its proximity to major thoroughfares like the Barton Highway ensures easy access to Belconnen, the City, and Gungahlin Town Centre, making commuting a breeze.

Don't miss this exceptional opportunity to own a charming apartment in a prime location!

The Perks:
Ground floor unit
1 allocated carpark directly behind the unit
2 courtyards
North facing living room and bedroom
European laundry
Modern bathroom with mirrored shaving cabinet
Smeg appliances, gas cooking, electric oven and dishwasher
Stone bench tops
High ceilings
Double glazed windows
Block out roller blinds
Split system located in the living

The Numbers:
Living: 54m
Courtyards:
Rates: $463 per quarter approx.
Land tax: $587 per quarter approx. (investors only)
Strata: $1053 per quarter approx. (includes sinking fund)
Rental estimate: $450-$480 per week
EER: 6 stars

Explaining the private treaty process:
To ensure a fair & equitable process, all offers are confidential. This gives our buyers peace of mind that
we will not disclose an offer to another buyer in an attempt to force that buyer's intent. For guidance on
when offers close and how best to submit an offer, please contact the agent directly.

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Property History for 4/48 Abena Ave, Crace, ACT 2911

A timeline of how this property has performed in the market
Last Sold
$415,000
30 Jul 2024
Listed for Rent
$350/w
02 Dec 2018
  • 30 Jul 2024
    Sold for $415,000
  • 04 Jul 2024
    Listed for Sale Sold
  • 24 Nov 2018
    Listed for Rent $350 / week
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About Crace 2911

The size of Crace is approximately 1.7 square kilometres. It has 8 parks covering nearly 21.3% of total area. The population of Crace in 2011 was 563 people. By 2016 the population was 4,451 showing a population growth of 690.6% in the area during that time. The predominant age group in Crace is 30-39 years. Households in Crace are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Crace work in a professional occupation. In 2011, 63.6% of the homes in Crace were owner-occupied compared with 64.7% in 2016.

Crace has 1,801 properties. Over the last 5 years, Houses in Crace have seen a 46.39% increase in median value, while Units have seen a 20.58% increase. As at 30 November 2024:

  • The median value for Houses in Crace is $1,175,289 while the median value for Units is $476,282.
  • Houses have a median rent of $745 while Units have a median rent of $535.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Crace on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Crace.

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