OFF MARKET

57 Burn Street
Downer ACT 2602

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 125m2
Land area: 764m2
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Property Details for 57 Burn St, Downer

57 Burn St, Downer is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 764m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1970
Floor Size
125m2
Land Size
764m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 44, Section 72

Last Listing description (July 2022)

You don't need to win Lotto to make money. Located in a quiet leafy street amongst other large quality homes is this exciting 3 bedroom ensuite home that has previously been extended & revamped. Locations like this can only get better as the area develops further.

Entry to the home is via a sunny front courtyard that would double as a great place to enjoy a morning coffee under the wisteria vines. It also provides a welcome space for family & friends.

The home boasts an open living area that flows into the functional kitchen, ideal for people who love to entertain. The living area is large and allows for different zone options depending on requirements. There is a very efficient slow combustion wood fire which is absolutely perfect for these colder months.

The bedrooms are segregated, and the main bedroom boasts an oversized walk-in robe/study & spacious ensuite. The bedroom looks into the back garden & over the pool.

There is an enclosed brick garage attached to the house which has rear access to the backyard. There is the added bonus of a separate studio in the backyard that would be great as a home office, rumpus room, art studio or teenager's getaway space. This is all linked by a covered outdoor area.

And for when the weather warms up, there is a large inground saltwater pool that makes this home a complete package. Family BBQs with friends would be very enjoyable in this outdoor space.

You could move into this great value home & enjoy from day one, however you could also add your own personality in the future if required. Whatever you do, you have the peace of mind knowing that this is an area that will only grow in value as blocks in the Inner North become more developed & in demand.

And if you are considering rebuilding in the future, then this would be the perfect block, as the side boundary runs East to West allowing for a Sunny North facing Solar Passive home to be built.

This is definitely a value packed home to enjoy now & to capitalise on future growth.

Features:

Beautiful wide leafy street
North aspect to living areas
Extended & updated interior
Single Brick Garage with rear access
Separate large studio ideal for hobbies, art studio or home office
3 good sized bedrooms
Bathroom & updated ensuite
Large open plan living area
Private courtyard at front
Inground saltwater pool
Covered outdoor area
Slow combustion wood fire
Ducted gas heating
Gas hot water system
Timber flooring throughout
Large quality homes in the street - Excellent growth potential
Just moments from Dickson playing fields
Walking distance to Dickson restaurants, cafes & shops

Essentials:

Living area: 140m2
Block size: 764m2
Rates: $4,082.12 p.a (Approx.)
Land tax (investors only): $6,355.28 p.a (Approx.)
Age: 52 years (Built 1970)
Expected Rental return: $700 - $750 per week
RZ1 zoning - Not zoned for building apartments
* EER 0

Property History for 57 Burn St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$1,200,000
28 Jul 2022
  • 28 Jul 2022
    Sold for $1,200,000
  • 07 Jul 2022
    Sold for $1,200,000
  • 29 Apr 2022
    Listed for Sale $1,250,000
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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 6 properties listed for rent in Downer on OnTheHouse. According to CoreLogic's data, 72 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.