OFF MARKET

530 Northbourne Avenue
Downer ACT 2602

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 725m2
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Property Details for 530 Northbourne Ave, Downer

530 Northbourne Ave, Downer is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1964. The property has a land size of 725m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
House
Year Built
1964
Floor Size
95m2
Land Size
725m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 15, Section 34

Last Listing description (September 2015)

With great potential and flexibility of uses, the dual occupancy residence offers a unique chance to purchase in this desirable location.
The proposed light rail is likely to travel along this route in the future and pass by en-route directly to the central business district.

Solid as a rock, this property has definitely stood the test of time and stands proudly, set back from the road, with excellent street appeal.
The versatility of uses will become apparent upon inspection of the approximately 182 m2 of light and bright living spaces.
Originally built with internal stairs as one enormous family home, later it was adjusted and currently presents as two separate apartment style dwellings which each feature a variety of decorative cornices, adding personality and charm. Both well maintained dwellings are completely individual, with own entrances and boast separate electricity meters and a joint water meter.
The lower level offers a large living room and separate dining adjacent to the kitchen and laundry. There is also a bathroom plus three bedrooms; the smallest being interconnected which makes it perfect for use as a dressing room, baby's nursery, study or parents retreat.
The upper level provides direct access via an outside stair-well placed at the rear of the building. Arriving into two airy living spaces, beyond is the open plan kitchen (the stove has been removed from here) and meals and family area plus bathroom and your choice of either three bedrooms or the option of two bedrooms which then allows for an additional living space flowing onto the generous balcony.
You will notice the brick garage which has been modified and extended for use as a studio with its own approved bathroom.
Built on a large, flat block of approximately 725 m2 amidst the row of familiar bed and breakfast accommodation properties, this dwelling must be seen to be appreciated.
There is ample parking, with a welcoming and practical circular driveway at the front and each home having its own long driveway, three extra tall carports plus the brick garage which can be converted back, if not required as a studio.
With a bus stop and bike paths very close by, Dickson shops, cafes and restaurants a short walk away, the Australian National University and University of Canberra nearby and the convenience of the inner city at the end of the road, you will be ideally located for a perfect Canberra lifestyle.
Look at this special address, the property has massive potential to utilize as it is, adjust to suit your needs or simply land bank. This red hot opportunity is available right now!
Features Include:
Excellent street appeal, set back with a neat, easy care garden
Approved as dual occupancy
Large, flat block of approximately 725 m2
Front circular driveway plus two long driveways with three carports plus brick garage (currently utilized as a studio with its own bathroom)
Well presented throughout
Each level provides independent entrances, living areas, bedrooms, bathrooms and laundry facilities
Offering the flexibility of living and / or leasing arrangements
Upstairs front patio catches the winter sun
The upstairs kitchen area has had the stove removed
Solid brick construction
Great location, a short walk to Dickson shops
Near to the Australian National University and University of Canberra
One bus directly into the Central Business District
Close to the weekly Farmer's Market at Epic
Across the road from Southwell Park sporting fields
EER: 1.5
Land Size: 725m2
Land Rates: $2,119 pa (approx.)
Land Value: $409,000 (approx.)

Property History for 530 Northbourne Ave, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$835,000
29 Aug 2015
  • 29 Aug 2015
    Sold for $835,000
  • 30 Jul 2015
    Listed for Sale Not Disclosed

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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 1,803 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, 70 properties were sold in the past 12 months in Downer.

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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.