OFF MARKET

74 Blacket Street
Downer ACT 2602

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 108m2
Land area: 491m2
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Property Details for 74 Blacket St, Downer

74 Blacket St, Downer is a 3 bedroom, 1 bathroom House and was built in 1961. The property has a land size of 491m2 and floor size of 108m2.

Building Type
House
Year Built
1961
Floor Size
108m2
Land Size
491m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 14, Section 39

Last Listing description (February 2022)

Often sought but rarely found. An exceptional project opportunity in this premium Inner North location - literally minutes to everything & anything.

The lifestyle precincts of the CBD and Braddon are a short Metro light rail ride away, the Dickson shopping centre and Wooley Street restaurant precinct only moments walk too.

In absolute origin condition , it represents a myriad of possibilities for the owners, the only limit is your imagination and passion for what is possible to create. Alternatively, a quick tidy up, lease and land bank for future growth. With rental vacancy rates at historic lows - our property management team have said "It will be very popular with tenants."

Offering a generous land holding of 491m2, situated in a picturesque tree-line street, this double storey home consists of good sized open living area with a Northerly aspect.

With access to some of the regions best schools, Downer is fast becoming a bright star within the Inner North offering a very unique lifestyle, that's characteristic to the area, which is proving evermore popular from a wide range of demographics - professionals, retirees and young families alike.

HIGHLIGHTS:
- Lovely tree-lined street
- 491m2 level block
- UCV $592,000 (2021)
- Double brick construction
- Individual title duplex
- 3 generous bedrooms
- Separate bathroom and toilet
- Open plan lounge/dining room
- Large laundry with storage and additional toilet
- Built circa early 1960's
- Rental potential $600-650 p/w (with some upgrades)
- Walk to Dickson Centre, Metro Light Rail & CBD
- Vacant and ready for immediate possession
- 30-45 day settlement terms available

OUTGOINGS: (per annum)
- Rates $4,013 approx.
- Water Sewerage $686

Auction: On-site 10am, Saturday 19th February, 2022 (will not be sold prior)

Property History for 74 Blacket St, Downer, ACT 2602

A timeline of how this property has performed in the market
  • 26 Jan 2022
    Listed for Sale Auction

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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.