OFF MARKET

4/3 Cadell Street
Downer ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 1465m2
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Property Details for 4/3 Cadell St, Downer

4/3 Cadell St, Downer is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 1465m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last transferred in November 2021.

Building Type
Unit
Year Built
1983
Floor Size
70m2
Land Size
1465m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 47, Section 68, Unit 4

Last Listing description (November 2023)

Do not miss an opportunity to inspect this two-bedroom apartment in Downer. The unit is just a minutes' walk to cafes, Downer oval, walking distance to Swinden St light rail stop, and a minute drive to Dickson shops. This property is kindly being offered by the landlord under our reduced rent affordable scheme.

To qualify for this property strict income & asset criteria applies including:

1) tenants must not own other property
2) rent must not exceed 30% of household income
3) maximum household limits apply

Features include:
- Two bedrooms both with built-in robes
- Open plan kitchen/living area
- Balcony off living area
- Electric wall heater
- Laundry room in complex
- Covered single allocated car space

Tenant/s must seek landlord and Body Corporate consent to keep pets on the premises.

Landlords will choose successful tenants from qualified applicants.

EER for this property is unknown.

This property complies with the minimum standards for insulation.

HomeGround Real Estate Canberra is a not-for-profit social enterprise renting privately owned properties to tenants at market and reduced rents in the ACT & surrounds.

HomeGround Real Estate Canberra is proudly sponsored by AllHomes.

Property History for 4/3 Cadell St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Transferred
14 Nov 2021
Listed for Rent
$350/w
10 Nov 2023
  • 14 Sep 2023
    Listed for Rent $350 / week
  • 14 Nov 2021
    Transferred
  • 29 Sep 2020
    Listed for Sale Sold
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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 1,801 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 6 properties listed for sale, and 7 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.