11 Randell StreetDickson ACT 2602
Property Details for 11 Randell St, Dickson
11 Randell St, Dickson is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 707m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Last Listing description (November 2022)
Located on a quiet street within the RZ4 redevelopment zone and free of amalgamation clauses, this 707m2 block has a long northern boundary and is ripe for redevelopment.
The house itself is in what can only be described as awful condition as it has suffered from fire damage and a lack of general maintenance - but that doesn't matter because the value here lies in the land. Within the RZ4 zone the buyer can subject to planning approval, develop the land for multi-unit dwellings!
You can build up to 3 storeys in height with basement garaging and utilize 80% of the land. Interestingly enough, much of the basement area of this house has already been dug out, which might save you some excavation costs! There are also other redevelopments already in the street, so precedent has been clearly set. If you have been looking for the perfect block of land in a quiet street to complete a quality, boutique development, then this could be it.
- RZ4 redevelopment zone
- Flat, easy to work with block
- Close to Daramalan College and Emmaus Primary
- Located in the Lyneham High catchment area
- Short walk to Dickson Precinct
- Close to light rail
Property History for 11 Randell St, Dickson, ACT 2602
- 07 Aug 2019Sold for $880,000
- 17 Jul 2019Listed for Sale Sold
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About Dickson 2602
The size of Dickson is approximately 1.6 square kilometres. It has 4 parks covering nearly 19.5% of total area. The population of Dickson in 2011 was 2,138 people. By 2016 the population was 2,141 showing a population growth of 0.1% in the area during that time. The predominant age group in Dickson is 20-29 years. Households in Dickson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dickson work in a professional occupation. In 2011, 50.7% of the homes in Dickson were owner-occupied compared with 46% in 2016.
Dickson has 2,788 properties. Over the last 5 years, Houses in Dickson have seen a 32.56% increase in median value, while Units have seen a 50.42% increase. As at 31 July 2024:
- The median value for Houses in Dickson is $1,099,673 while the median value for Units is $587,377.
- Houses have a median rent of $670 while Units have a median rent of $620.
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