OFF MARKET

1-3 Mugga Way
Forrest ACT 2603

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 2815m2
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Property Details for 1-3 Mugga Way, Forrest

1-3 Mugga Way, Forrest is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 2815m2. While the property is not currently for sale or for rent, it was last transferred in December 1993.

Building Type
House
Land Size
2815m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 14, Section 1

Last Listing description (April 2015)

Majestic on Mugga Way
Exclusively located on majestic Mugga Way and presenting a wonderful opportunity to enjoy this prestigious address in absolute luxury.
Be totally captivated by the fine balance of elegance and sophisticated informality. Flawlessly designed, this executive residence captures the splendour of modern Inner City living on a land parcel of 1,339m2 (approx.).

An immaculate home with opulent interiors and every conceivable luxury inclusion, the sumptuous master suite on the ground floor enjoys a northerly aspect.
The new Caesarstone kitchen with island bench and waterfall edges looks over the sun drenched north-facing family room which opens through bi-fold doors to the superb entertaining deck.
Extremely easy-care mature gardens and courtyards are fully landscaped with an electric gate and intercom system ensuring the maximum peace and privacy.
Features:
- Beautifully presented executive residence
- Four bedrooms, all with built-in wardrobes
- Huge master suite with ensuite
- Fifth bedroom or home office
- Formal lounge and separate dining
- New kitchen with Caesarstone benchtops, dishwasher and gas cooktop
- Light-filled north facing family room
- Bi-fold doors out to the as-new entertaining deck
- Geothermal heating system using the earth's temperature for heating and cooling
- Ducted reverse-cycle air conditioning
- Gas fireplace
- Double-glazed windows on the ground floor
- Ducted vacuum system
- Parquetry flooring
- 2.7m high ceilings to the ground floor
- Security system
- Covered pergola with electric awning
- Landscaped easy-care mature gardens
- Double garage with automatic door
- Electric front gate and video intercom system
- 1m2 of common ground
Rates: $4,665 per annum (approx.)
Block Size: 1,339m2 (approx.)
Land Value: $951,000 (whole block)
Living Area: 303m2 (approx.)
EER: 5

Additional feature/s - Alarm/Security System.

Property History for 1-3 Mugga Way, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Transferred
15 Dec 1993
Listed for Rent
$1.28k/w
21 Nov 2007
  • 18 Mar 2015
    Listed for Sale AUCTION
  • 11 Dec 2010
    Listed for Sale Not Disclosed
  • 08 Nov 2007
    Listed for Rent - Price not available
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About Forrest 2603

The size of Forrest is approximately 1.6 square kilometres. It has 7 parks covering nearly 10.1% of total area. The population of Forrest in 2011 was 1,468 people. By 2016 the population was 1,602 showing a population growth of 9.1% in the area during that time. The predominant age group in Forrest is 50-59 years. Households in Forrest are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Forrest work in a professional occupation. In 2011, 69.6% of the homes in Forrest were owner-occupied compared with 62.4% in 2016.

Forrest has 1,250 properties. Over the last 5 years, Houses in Forrest have seen a 14.98% increase in median value, while Units have seen a 14.28% increase. As at 31 October 2024:

  • The median value for Houses in Forrest is $2,683,994 while the median value for Units is $837,624.
  • Houses have a median rent of $723 while Units have a median rent of $620.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Forrest on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Forrest.

Suburb Insights for Forrest 2603

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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.