OFF MARKET

42 Banfield Street
Downer ACT 2602

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 738m2
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Property Details for 42 Banfield St, Downer

42 Banfield St, Downer is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1961. The property has a land size of 738m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
House
Year Built
1961
Floor Size
106m2
Land Size
738m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 21, Section 52

Last Listing description (May 2015)

AUCTION: Saturday 21st March 2015 at 10:30am - On-Site
This property has had one owner for many years and has been a reliable investment but the owners circumstances have now changed and this property MUST be sold!
Set amongst private leafy grounds and in largely original condition, this three bedroom, one bathroom home on a level block represents an excellent opportunity for the aspiring home renovator, first home buyer or investor.

Appealing features include brick construction, an updated kitchen, carpet throughout and reverse cycle air-conditioning to the lounge and main bedroom. Future additions to the rear will capitalise on a northerly orientation and there is also a large lock up garage on-site and a wine cellar under the property.
This is a great opportunity to secure a foothold in Canberra's inner north and in a suburb which is currently undergoing strong growth. Currently tenanted on a periodic lease at $385.00 per week you have the option to keep it as an investment or request vacant possession.
Move in or rent it out, it's ready to go!
For Inspection times please call Lisa Coombe on 0412 971 635.
Features:
- 737.7 m2 level, private and leafy Block
- Brick construction
- Reverse cycle heating and cooling
- Additional modern wall heaters
- Updated kitchen
- Large Lock up garage
- Three bedrooms, master with its own reverse cycle air-conditioning unit
- Fully enclosed backyard
- Wine cellar under the property
- Close to Watson and Dickson Schools and Shops plus a short commute in to the city.
- Close to sporting facilities and Epic park
EER 4.5
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Property History for 42 Banfield St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$610,000
21 Mar 2015
Listed for Rent
$395/w
14 Feb 2014
  • 21 Mar 2015
    Sold for $610,000
  • 25 Feb 2015
    Listed for Sale AUCTION - 21/3/2015
  • 07 Nov 2013
    Listed for Rent $405 / 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 1,800 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 5 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.