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.
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!
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.)
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:
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