SOLD
Sold on 18 Dec 2023 for $390,000

8/47 Abena Avenue
Crace ACT 2911

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 2023m2
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Property Details for 8/47 Abena Ave, Crace

8/47 Abena Ave, Crace is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 2023m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom Unit sold in Crace in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
46m2
Land Size
2023m2
Local Government
Gungahlin
Lot/Plan
CRACE: Block 34, Section 17, Unit 8

Last Listing description (October 2020)

Modern Studio Apartment situated minutes walk to the Crace shopping Centre and public transport. Featuring large open plan living, kitchen and bedroom area with a Private and spacious courtyard, to extend the living space. The kitchen is complete with a dishwasher, Reverse cycle split system heating and cooling for year round comfort. There is no current EER for this property.

Just a short drive to Gungahlin Town Centre, Belconnen Town centre & CBD.

Suburb Snapshot
Crace is a suburb of Canberra, Australia in the district of Gungahlin. It was named after Edward Kendall Crace an original settler in the Gungahlin area. Streets in Crace are named after parishes and land divisions from colonial times. It is bounded by the Barton Highway, Gundaroo Drive, Nudurr Drive and Gungahlin Drive. Located in the suburb is the Canberra Nature Park of Gungaderra Grasslands nature reserve. At the 2016 census, it had a population of 4,459.

The suburb is under construction, with more than half of the houses completed as of July 2012. Road construction commenced in July 2008. The construction of 21 display homes was completed in May 2009.

The ACT government has selected developers for the area as Defence Housing Australia and Canberra Investment Corporation. Expectations are that there will be 1200 houses built over the next six years. The developers are expected to make $60,000,000 but have to share half that with the government. Some very small blocks will be released for low cost housing with 85% released for high cost housing. Eventually the suburb will have 1500 houses on 140 hectares.

WISH TO INSPECT?
Due to COVID-19 our general processes have changed. We ask that you please submit your application online for the property through 2Apply ensuring you have 100 points of ID and proof of income. As soon as the property is vacant, pre-qualified applicants will be contacted to arrange an inspection. In line with current government restrictions, no more than 10 people (excluding staff) are allowed inside the property during an open home. Please observe physical distancing while waiting to view an open home.

1. Click on the "BOOK INSPECTION" button (available on our website)
2. Register to join an existing inspection
3. If no time offered, please register so we can contact you once time is arranged
4. If you do not register, we cannot notify you of any time changes, cancellations or further inspection times

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.

Property History for 8/47 Abena Ave, Crace, ACT 2911

A timeline of how this property has performed in the market
Last Sold
$390,000
18 Dec 2023
Listed for Rent
$370/w
09 Oct 2020
  • 18 Dec 2023
    Sold for $390,000
  • 25 Aug 2020
    Listed for Rent $370 / week
  • 08 Aug 2019
    Listed for Rent - Price not available
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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 1,784 properties. Over the last 5 years, Houses in Crace have seen a 45.56% increase in median value, while Units have seen a 30.23% increase. As at 31 October 2024:

  • The median value for Houses in Crace is $1,150,335 while the median value for Units is $519,736.
  • Houses have a median rent of $750 while Units have a median rent of $540.
There are currently 6 properties listed for sale, and 1 property listed for rent in Crace on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Crace.

Suburb Insights for Crace 2911

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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.