OFF MARKET

87 Chance Street
Crace ACT 2911

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 127m2
Land area: 533m2
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Property Details for 87 Chance St, Crace

87 Chance St, Crace is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 533m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
2010
Floor Size
127m2
Land Size
533m2
Local Government
Gungahlin
Lot/Plan
CRACE: Block 20, Section 4

Last Listing description (October 2019)

You can rest assured a PBS built home is a solid DHA Investment.
Constructed in 2010, this spacious three bedroom ensuite home enjoys great north and east orientation for living and outdoor entertaining. The generous kitchen has a gas cook top, wall oven, built-in pantry and heaps of bench and storage space. The large master bedroom with 2.9m ceilings has a walk-in robe and ensuite, segregated from the living area and other bedrooms. The other two bedrooms have built-in robes and easy access to the main bathroom. The entertaining area is under the roof-line, not an annexure, and leads from the main living area to the low maintenance garden.
This is a fantastic investment opportunity with an incredibly long lease, located in the very well-regarded suburb of Crace which has already achieved six sales over $1m.

Contact Christine Shaw to arrange a private viewing appointment.
Features include:
- PBS built residence in 2010
- Light and airy with north and east orientation
- Kitchen with built-in pantry, gas cook top and wall oven
- Breakfast bar and microwave hutch
- Main bedroom with raised ceilings of 2.9m
- Walk-in robe and ensuite bathroom
- Built-in robes to remaining two bedrooms
- No bedrooms have shared walls
- Main bathroom with separate shower and bath
- Under roof-line alfresco entertaining area
- Low maintenance gardens
- Reverse cycle air conditioning
- Double garage with automatic door and internal access
- Rainwater Tank
- Short walk to reserves and parklands
DHA Lease: 14/10/2011 to 13/10/2023
Lease Options: 1 x up to 36 months
Right to Vary: 1 x up to 12 months reduction and 1 x up to 12 months extension
Note: Option and Right to Vary is at DHA discretion
Gross Rent $550 per week
EER: 5
Living: 128.491 m2
Garage: 39.767 m2
Al Fresco: 17.5 m2
Porch: 4.804m2
Total Residence: 190.562 m2 (all sizes approximate)
Land size: 533 m2
Land value $351,000
Land rates: $2341 pa
Land Tax: $3135 pa
(all values/size approximate)
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to read about the benefits of investing in Defence Housing Australia property

Property History for 87 Chance St, Crace, ACT 2911

A timeline of how this property has performed in the market
Last Sold
$620,000
07 Aug 2019
  • 07 Aug 2019
    Sold for $620,000
  • 26 Apr 2019
    Listed for Sale $649,000
  • 04 Oct 2011
    Sold for $517,500
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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 1,782 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 5 properties listed for sale, and 1 property listed for rent in Crace on OnTheHouse. According to CoreLogic's data, 90 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.