SOLD
Sold on 07 Feb 2024 for $1,700,000

24 Phillip Avenue
Downer ACT 2602

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 205m2
Land area: 801m2
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Property Details for 24 Phillip Ave, Downer

24 Phillip Ave, Downer is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 801m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Downer in the last 12 months.

Building Type
House
Year Built
2023
Floor Size
205m2
Land Size
801m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 9, Section 53

Last Listing description (February 2015)

On offer for the first time in 43 years is this 4 bedroom home located on a large 801sqm block in one of Canberras most popular suburbs!

Bring your imagination along and see the possibilities. This neat property presents the opportunity for you to live in the home or rent it out while you make plans for your dream home.

Upon entry you will find the large open plan living/family area, through to the dining room and eat-in kitchen. All four bedrooms are generous in size and surrounded by lush green gardens.

The huge block presents enormous potential for extension or knockdown rebuild project.

In an enviable position close to Dickson shopping precinct, Rosary Primary School in Watson, Dickson College and Daramalan College in Dickson and also trendy cafs and restaurants in Ainslie, Watson and Dickson alike.

Features of this property include:
4 bedrooms all with built-in robes
Spacious living/family area
Separate dining area
Kitchen with upright stove
Laundry with separate toilet
Bathroom with bathtub
Huge block with huge potential

Property History for 24 Phillip Ave, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$1,700,000
07 Feb 2024
Listed for Rent
$495/w
19 Dec 2013
  • 07 Feb 2024
    Sold for $1,700,000
  • 04 Feb 2015
    Sold for $601,000
  • 13 Jan 2015
    Listed for Sale $580,000+
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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 45.96% increase in median value, while Units have seen a 73.36% increase. As at 31 October 2024:

  • The median value for Houses in Downer is $1,167,463 while the median value for Units is $511,806.
  • Houses have a median rent of $685 while Units have a median rent of $510.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Downer on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Downer.

Suburb Insights for Downer 2602

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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.