OFF MARKET

42 Padbury Street
Downer ACT 2602

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 138m2
Land area: 731m2
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Property Details for 42 Padbury St, Downer

42 Padbury St, Downer is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 731m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1950
Floor Size
138m2
Land Size
731m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 4, Section 38

Last Listing description (November 2022)

Auction Location: In-rooms. Nestled on leafy Padbury Street, a short, flat walk to the buzzing Dickson centre and the fabulous light rail, you'll find this ramshackle gem in need of a jolly good polish! Just outside of the RZ2 and RZ3 redevelopment zones but within easy access to everything that Dickson has to offer, this little enclave has always been sought after and has even been playfully named 'Upper Downer' by locals. The house itself needs a lot of work or even a new beginning, there's no doubt about that but this should be reflected in the price. The block is a sizeable 731m2 with a broad 22m frontage which faces almost perfectly North. If you are looking for a project or are up for the challenge, then this could be the one for you. At a glance; - 731m2 block, almost perfectly North to the front - Home needs work but potential abounds - A short 10 minute walk to the buzzing Dickson center but outside of current redevelopment zones- A short 8 minute walk to the light rail- Lovely leafy street- Owner has moved out and is ready to sell!

Property History for 42 Padbury St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$910,000
28 Apr 2021
  • 23 Jul 2021
    Listed for Sale Sold
  • 28 Apr 2021
    Sold for $910,000
  • 01 Apr 2021
    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 1,807 properties. Over the last 5 years, Houses in Downer have seen a 38.93% increase in median value, while Units have seen a 21.41% increase. As at 31 August 2024:

  • The median value for Houses in Downer is $1,135,147 while the median value for Units is $481,737.
  • Houses have a median rent of $690 while Units have a median rent of $505.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Downer on OnTheHouse. According to CoreLogic's data, 70 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.