SOLD
Sold on 05 Mar 2024 for $458,000

50/112 Mcmichael Terrace
Denman Prospect ACT 2611

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 7736m2
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Property Details for 50/112 Mcmichael Tce, Denman Prospect

50/112 Mcmichael Tce, Denman Prospect is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 7736m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Denman Prospect in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
80m2
Land Size
7736m2
Local Government
Molonglo Valley
Lot/Plan
DENMAN PROSPECT: Block 4, Section 59, Unit 50

Last Listing description (November 2023)

Located on the top floor of the Polo development, this two bedroom (or one bedroom plus study) apartment is a wonderful offering for first home buyers, downsizers and investors alike.

The apartment offers a bright and open floorplan, highlighted by the modern kitchen complete with stone bench tops, an induction cooktop and a dishwasher. The kitchen opens onto the open-plan living areas with feature skylight that flow onto the spacious balcony that boasts views to Mt Stromlo. Both bedrooms come with built-in wardrobes, with easy access to the modern bathroom. The apartment comes with a secure underground car space and storage cage.

Conveniently located within walking distance to Denman Village Shops, IGA, Honeysuckle bar, Morning Dew caf, Club Lime, YourGP Medical Centre, Capital Chemist and Enhance Healthcare.

Features:
- Top floor apartment, Polo
- Open-plan living
- Well-equipped kitchen
- Two bedrooms both with built-in wardrobes
- Large bathroom
- Generous tiled balcony with views to Mt Stromlo
- Reverse cycle split system
- Single basement car space plus storage cage
- Walking distance to the Denman Prospect Shopping Village
- Rental appraisal of $500 to $550 per week

EER: 6
Living Size: 66m2 plus 14m2 balcony (approx.)
Body Corporate Fees: $4,220 p.a (approx.)
Land Rates: $1,600 p.a (approx.)

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Property History for 50/112 Mcmichael Tce, Denman Prospect, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$458,000
05 Mar 2024
  • 05 Mar 2024
    Sold for $458,000
  • 05 Oct 2023
    Listed for Sale $489,000
  • 09 Jul 2018
    Sold for $319,900

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About Denman Prospect 2611

The size of Denman Prospect is approximately 4.7 square kilometres. It has 2 parks covering nearly 12.8% of total area. The population of Denman Prospect in 2006 was 623 people. By 2011 the population was 490 showing a population decline of 21.3% in the area during that time. The predominant age group in Denman Prospect is 40-49 years. Households in Denman Prospect are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Denman Prospect work in a professional occupation. In 2006, 30.7% of the homes in Denman Prospect were owner-occupied compared with 46.4% in 2011.

Denman Prospect has 2,466 properties. Over the last 5 years, Houses in Denman Prospect have seen a 51.64% increase in median value. As at 31 August 2024:

  • The median value for Houses in Denman Prospect is $1,201,746 while the median value for Units is $607,716.
  • Houses have a median rent of $978 while Units have a median rent of $570.
There are currently 35 properties listed for sale, and 6 properties listed for rent in Denman prospect on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Denman prospect.

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