3/24 Frencham StreetDowner ACT 2602
Property Details for 3/24 Frencham St, Downer
3/24 Frencham St, Downer is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 1427m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Downer in the last 12 months.
Last Listing description (December 2024)
This well maintained two-bedroom unit is located on the first floor of a double brick boutique complex in a tree lined street within minutes' walk to Downer shops plus Dickson's restaurants and shopping precinct.
Enjoy easy-care living in this light and airy home which is perfect for first home buyers or investors. This unit is currently tenanted for $485 per week until June 2025.
- Two bedrooms, master with built-in robes
- Combined kitchen and dining area
- Kitchen with electric cooking
- Reverse cycle unit
- Combined bathroom and laundry
- Balcony with leafy outlook
- Single carport
- Currently tenanted until June 2025 for $485 per week
- Rates $654 per quarter
- Strata $750 per quarter
Property History for 3/24 Frencham St, Downer, ACT 2602
- 06 Dec 2024Sold for $417,000
- 03 Oct 2024Listed for Sale $390,000+
- 03 May 2023Listed for Rent $485 / week
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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 1,809 properties. Over the last 5 years, Houses in Downer have seen a 41.30% increase in median value, while Units have seen a 65.83% increase. As at 30 November 2024:
- The median value for Houses in Downer is $1,137,150 while the median value for Units is $649,317.
- Houses have a median rent of $675 while Units have a median rent of $520.
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