OFF MARKET

2/63 Melba Street
Downer ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 923m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low

High
Save

Property Details for 2/63 Melba St, Downer

2/63 Melba St, Downer is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 923m2. While the property is not currently for sale or for rent, it was last transferred in July 2016.

Building Type
Unit
Year Built
1965
Land Size
923m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 5, Section 47, Unit 2

Last Listing description (July 2016)

This terrific, fully furnished apartment is the perfect choice to either live in permanently, as a mid-week transit for those just working in Canberra when coming and going, or to lease out as a 'set and forget' investment and was until recently rented out for $325.00 per week which provides a fantastic potential return of 6.6% gross.
The light and bright apartment should be inspected at your first opportunity as this single level, solid brick, ground floor apartment in a small complex of only eight is a real discovery!

What-ever your requirements are, seize the opportunity to secure this beautifully presented and tastefully furnished apartment with the added benefits of excellent paintwork, updated kitchenette, very neat bathroom, easy-care 'as new' flooring, large lock up laundry with storage space plus carport.
Large windows invite an abundance of natural light inside and as so many comforts and conveniences have been provided for, you can simply move in, unpack your personal belongings and start living!
You'll enjoy the wonderful parks, playing fields and sporting ovals close by and can leave the car at home in your own carport and either catch a bus from the nearby bus stop, or utilize the cycle paths.
Conveniently set in a quiet location, this great apartment is within a short walk to the Dickson shopping centre with its myriad of cafe's, restaurants, amenities and facilities and a single bus ride to the Central Business District.

Features Include:
Located a short stroll to Dickson shops, cafes and restaurants
Public transport moments away
With a lovely ambience
Fully furnished to just move straight into
Open plan living - lounge, dining and kitchen
Large windows
Separate bedroom
Updated bathroom
Attractive, 'as new' flooring
Impressively furnished - all items as inspected are included in the sale price
Own carport
Large laundry with ample storage space
EER: 3
Land Rates: $1,138.26 pa ( approx.)

Property History for 2/63 Melba St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Transferred
14 Jul 2016
Listed for Rent
18 Jul 2016
  • 14 Jul 2016
    Transferred
  • 30 Jun 2016
    Listed for Rent - Price not available
  • 15 Jul 2015
    Listed for Sale $199,000+
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Downer 2602

Market Insights
Downer Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Downer Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.