SOLD
RECENT ADVICE
Sold on 16 Aug 2024 for $930,000

51/3 Martel Street
Denman Prospect ACT 2611

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 163m2
Sold By
Hayman Partners
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Property Details for 51/3 Martel St, Denman Prospect

51/3 Martel St, Denman Prospect is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Denman Prospect in the last 12 months.

Building Type
House
Floor Size
163m2
Local Government
Molonglo Valley

Last Listing description (November 2024)

A generous and light-filled home designed for easy care living. This large, four-bedroom residence is perfect for first home buyers, downsizers, or astute investors. Fresh, contemporary, and featuring a bright northerly aspect (from the rear), it captures the essence of urban style with house-like proportions, good-quality finishes, and an ultra-convenient location. All of Molonglo's amenities are within easy reach, including being moments away from, local cafes, shops, Evelyn Scott School, and only a short drive to Cooleman Court.

FEATURES

North-facing aspect (from the rear)

Modern kitchen with great cupboard and bench space, and quality Ilve appliances including an induction cooktop
Downstairs powder room
Open plan living and dining area
Four bedrooms, all generous in size and with built-in wardrobes
Master bedroom with walk-in wardrobe and ensuite
Large main bathroom upstairs with separate toilet
Zoned (upstairs/downstairs) ducted reverse-cycle air conditioning
Double glazed windows throughout
NBN fibre to the home
Instantaneous hot water
13.3 kW solar panel array and Level 2 EV charger
Understair storage
Double garage with automatic door and internal access
Huge 54m rear courtyard with easy-care gardens
Drip irrigation system in gardens and grass with WiFi controls
Walking distance to Molonglo's nearby nature trails
10 minutes' walk / 3 minutes' drive to the Denman Prospect shops, including an IGA, cafe, gym, bar, medical centre, dentist, childcare and community centre
15 minutes' drive or 30 minutes by bus to Civic
5 minutes' drive or 20 minutes' walk to Evelyn Scott School (P-12)
10 minutes' drive to Cooleman Court
15 minutes' drive to either Westfield Woden or Westfield Belconnen

WHAT THE SELLERS LOVE ABOUT THE HOME

1. We love the modern spacious kitchen with the large stovetop - great for hosting and cooking for large groups of people.
2. The community at Otto was lovely, neighbours were very friendly and there was a sense that everyone cared about the development. It's also very quiet.
3. The amount of light downstairs was so lovely all year round. It never felt cold and dreary, even on overcast winter days because there was so much light coming through downstairs - that and the double glazing did a fantastic job.

STATISTICS (all figures are approximate)

EER: 6.0
Living Area: 163m
Courtyard: 54m
Garage: 37m
Construction: 2023
Strata Levies: $553 per quarter
Rates: $637 per quarter
Land Tax: $881 per quarter (only applicable if not primary residence)
Rental Range: $830 - $860 per week

Property History for 51/3 Martel St, Denman Prospect, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$930,000
16 Aug 2024
  • 16 Aug 2024
    Sold for $930,000
  • 18 Jul 2024
    Listed for Sale $930,000

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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 2,462 properties. Over the last 5 years, Houses in Denman Prospect have seen a 44.27% increase in median value, while Units have seen a 8.62% increase. As at 31 October 2024:

  • The median value for Houses in Denman Prospect is $1,186,328 while the median value for Units is $609,398.
  • Houses have a median rent of $950 while Units have a median rent of $580.
There are currently 35 properties listed for sale, and 20 properties listed for rent in Denman prospect on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Denman prospect.

Suburb Insights for Denman Prospect 2611

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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.