SOLD
Sold on 29 Nov 2023 for $630,000

7/3-5 Phipps Close
Deakin ACT 2600

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 4255m2
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Property Details for 7/3-5 Phipps Cl, Deakin

Building Type
Commercial
Land Size
4255m2
Local Government
Canberra Central
Lot/Plan
DEAKIN: Block 35, Section 35, Unit 7

Last Listing description (November 2023)

Phipps Close is located within the Deakin business area just a short distance to Woden Town Centre, Equinox Business Park and only a few kms from Parliament House.

Newly offered to the commercial office market is a well presented space in Phipps Close in Deakin.

Unit 7 offers an excellent lateral double sided property with an abundance of natural light located in Football House which is just off Kent Street. With 5 offices as well as an additional principle office, this space provides an excellent space for any incoming tenant.

The Deakin area has a strong medical presence, along with Government departments and many professional office users. Close by is Calvary John James Hospital, Alfred Deakin High School and Royal Australian Mint.

Features include:
- 5 offices
- Principle office
- Reception area
- Waiting area
- Break out area
- 4 concealed car parking spaces
- Ramp access
- Male/Female/Accessible Bathrooms
- Crown lease usage includes: approved associations, office, community facilities and medical

For further information or to arrange an inspection, contact Connor Smith at 0421 566 126 or connor.smith@civium.com.au

Property History for 7/3-5 Phipps Cl, Deakin, ACT 2600

A timeline of how this property has performed in the market
Last Sold
$630,000
29 Nov 2023
Listed for Rent
$59k/w
02 Nov 2023
  • 29 Nov 2023
    Sold for $630,000
  • 07 Aug 2023
    Listed for Rent $58,500 / year
  • 06 Apr 2023
    Listed for Rent $60,000 / year
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About Deakin 2600

The size of Deakin is approximately 3.6 square kilometres. It has 7 parks covering nearly 29.2% of total area. The population of Deakin in 2011 was 2,785 people. By 2016 the population was 2,889 showing a population growth of 3.7% in the area during that time. The predominant age group in Deakin is 10-19 years. Households in Deakin are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Deakin work in a professional occupation. In 2011, 72.2% of the homes in Deakin were owner-occupied compared with 70.6% in 2016.

Deakin has 1,998 properties. Over the last 5 years, Houses in Deakin have seen a 61.46% increase in median value, while Units have seen a 37.86% increase. As at 31 October 2024:

  • The median value for Houses in Deakin is $2,123,357 while the median value for Units is $988,944.
  • Houses have a median rent of $900 while Units have a median rent of $545.
There are currently 9 properties listed for sale, and 17 properties listed for rent in Deakin on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Deakin.

Suburb Insights for Deakin 2600

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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.