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Sold on 22 May 2024 - Price Unavailable

1/28 Frencham Street
Downer ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
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Property Details for 1/28 Frencham St, Downer

1/28 Frencham St, Downer is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Apartment sold in Downer in the last 12 months.

Building Type
Apartment
Floor Size
44m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 50, Section 68, Unit 1

Last Listing description (May 2024)

Auction Location: In Rooms | LJ Hooker Canberra City | 182 City Walk, Canberra City

Enviably located in the central heart of Downer, this ground floor, 2 bedroom unit is the perfect option for anyone looking to get a foothold into the local property scene.

You are metres away from the community hub that the Downer Shops have become.

- Gang Gang Caf� & Bar
- Downer Community Hall
- Cranky's Bicycle Worx
- Downer Community Library

Central Downer gives you the chance to live and experience an emerging spirit of community events, casual entertainment and vibrant engagement that is not commonly seen at other suburbs in the area. This is a space where you can make connections.

A brilliant location in the heart of Downer, only metres to Gang Gang caf�, or a short walk to the Dickson hub and light rail, this well presented and comfortable two bedroom apartment offers an excellent opportunity to enter the market at a more than reasonable price point.

Situated on the ground floor, the open plan living area features wide windows that allow an abundance of natural light to enhance your feeling of space.

Presentable and comfortable, the property is ready to move into, while still offering scope for you to add your personal touches.

Standout Features:

- Well presented, comfortable ground floor, 2 bedroom apartment.
- Short walk to Dickson restaurants, shops, swimming pool and light rail.
- Open plan living.
- Double glazed windows throughout.
- Kitchen with good bench space and an electric stove
- 2 bedrooms with built-in robes.
- Neat communal laundry.
- Allocated covered parking space and access to a bike storage cage.
- Communal common area at the rear of the complex.
- Within walking/cycling distance to all local schools.

Our feeling is that this property will not last long. If you are currently looking for your entry into property ownership/investment in the Inner North suburbs you should arrange your inspection now, before it is gone.

Property History for 1/28 Frencham St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
22 May 2024
Listed for Rent
$460/w
05 Dec 2022
  • 12 Jun 2024
    Listed for Sale Sold
  • 22 May 2024
    Sold for $405,000
  • 15 Apr 2024
    Listed for Sale Sold
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About Downer 2602

The size of Downer is approximately 1.6 square kilometres. It has 10 parks covering nearly 8.9% of total area. The population of Downer in 2011 was 3,554 people. By 2016 the population was 3,653 showing a population growth of 2.8% in the area during that time. The predominant age group in Downer is 20-29 years. Households in Downer are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Downer work in a professional occupation. In 2011, 59.3% of the homes in Downer were owner-occupied compared with 57.3% in 2016.

Downer has 1,807 properties. Over the last 5 years, Houses in Downer have seen a 38.93% increase in median value, while Units have seen a 21.41% increase. As at 31 August 2024:

  • The median value for Houses in Downer is $1,135,147 while the median value for Units is $481,737.
  • Houses have a median rent of $690 while Units have a median rent of $505.
There are currently 2 properties listed for sale, and 4 properties listed for rent in Downer on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Downer.

Suburb Insights for Downer 2602

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Contact agent
Nic Salter-Harding
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Jason Pugh
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LJ Hooker Dickson
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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.