OFF MARKET

1 Rennie Street
Downer ACT 2602

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 790m2
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Last updated 28 Oct 2024
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Property Details for 1 Rennie St, Downer

1 Rennie St, Downer is a 3 bedroom, 1 bathroom House and was built in 1961. The property has a land size of 790m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1961
Floor Size
110m2
Land Size
790m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 14, Section 36

Last Listing description (September 2022)

Tucked away in a quiet loop street in one of Canberra's best positioned suburbs, 1 Rennie Street presents an ideal opportunity for an owner looking to renovate to meet their individual wants or needs. Limited only by your imagination, this property boasts potential for those looking to extend, renovate or knock down and build their dream home.

The fantastic floor plan offers three good-sized bedrooms, a separate laundry with rear yard access, Bathroom with separate bath, shower, WC and vanity and an open-plan lounge/dining area; allowing for functional family living for parents and children alike. Positioned on a 790m2 block with minimal easements, you can comfortably extend or redesign your dream home while still enjoying enough yard space for the children to play.

If you're not afraid of some hard work and are seeking a home which is effectively a blank canvas, then inspect today and stop the madness of paying rent!

Features:
- Ideal renovator home
- Separate lounge, dining and rumpus rooms
- Great location
- Quiet Street
- Moments from schools, shops and restaurants

Property Details:
- Rates: $4047.00 annually
- Land Tax (if payable) $6199.00

Disclaimer:
While all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regards to any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate the information provided.

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Property History for 1 Rennie St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$1,110,000
31 Aug 2022
  • 31 Aug 2022
    Sold for $1,110,000
  • 14 Jun 2022
    Listed for Sale $1,140,000

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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 1,802 properties. Over the last 5 years, Houses in Downer have seen a 38.49% increase in median value, while Units have seen a 39.66% increase. As at 30 September 2024:

  • The median value for Houses in Downer is $1,131,199 while the median value for Units is $496,810.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 9 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.

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