OFF MARKET

7 Gardiner Street
Downer ACT 2602

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 154m2
Land area: 693m2
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Property Details for 7 Gardiner St, Downer

7 Gardiner St, Downer is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 693m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
House
Year Built
1970
Floor Size
154m2
Land Size
693m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 17, Section 65

Last Listing description (February 2017)

CONSIDER THIS FOR A SMART INVESTMENT? WHETHER IT'S THE GREAT LOCATION OR THE BENEFIT OF HAVING TWO INCOMES FROM THE DUAL OCCUPANCY OF THIS 2 STOREY HOME, THIS HAS TO BE ONE OF THE MOST LUCRATIVE INVESTMENTS CURRENTLY ON THE MARKET. THE OUTGOINGS ARE MINIMAL AND OPPORTUNITY IS HIGH WITH JUST ONE SET OF RATES AND LAND TAX AND THE BONUS OF SEPARATELY METERED ELECTRICITY.SITUATED IN A VERY QUIET TREE LINED STREET AND LITERALLY MINUTES TO DICKSON'S PRECINCT THE LOCATION WILL ALWAYS BE POPULAR FOR THE STRONG RENTAL DEMAND THAT IS EVIDENT. WITH BOTH TENANTS IN PLACE ON A WEEK TO WEEK BASIS AND HAPPY TO STAY, THIS IS A WIN-WIN SITUATION IF YOU ARE LOOKING FOR A SAVVY INVESTMENT FOR YOUR PORTFOLIO. OR IF DOWNER IS YOUR CHOICE OF SUBURB FOR YOUR PERMANENT HOME, THIS IS A GREAT RENOVATION PROJECT OR IF YOU PREFER, KNOCK DOWN AND REBUILD WITH THE ASSURANCE THAT YOUR INVESTMENT WILL JUST CONTINUE TO GROW.THIS HOME IS IDEALLY SITED ON A COMPLETELY LEVEL BLOCK OF 766SQM OFFERING TOTAL PRIVACY WITH A FULLY FENCED REAR YARD WITH NEAR NEW COLOURBOND FENCING AND A DETACHED SINGLE GARAGE. WITH CLOSE PROXIMITY TO THE CITY, I INVITE YOU TO INSPECT THIS PROPERTY TO DISCOVER WHY DOWNER IS BECOMING ONE OF THE MOST 'IN DEMAND' SUBURBS IN CANBERRA. UPSTAIRS * 3 BEDROOMS, ALL WITH BIR'S AND THE MAIN WITH WALK IN ROBE* SEPARATE LIVING, SEPARATE LOUNGE* NEW BATHROOM WITH LAUNDRY INCORPORATED* 2 SEPARATE DECKS* SEPARATE SPACIOUS KITCHEN* WALL MOUNTED AIR CONDITIONING AND GAS HEATINGDOWNSTAIRS* 3 BEDROOMS, MAIN WITH BUILT IN* SEPARATE SPACIOUS BATHROOM* LARGE EAT IN KITCHEN* REVERSE CYCLE AIR CONDITIONING* FRONT PORCH* DIRECT ACCESS TO LARGE BACKYARD

Property History for 7 Gardiner St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$675,000
16 May 2015
Listed for Rent
$350/w
20 Jul 2014
  • 11 Feb 2017
    Listed for Sale Not Disclosed
  • 16 May 2015
    Sold for $675,000
  • 23 Apr 2015
    Listed for Sale AUCTION 16/5/2015 ON SITE AT 9.30AM
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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.