OFF MARKET

12/22 Canberra Avenue
Forrest ACT 2603

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 152m2
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Property Details for 12/22 Canberra Ave, Forrest

12/22 Canberra Ave, Forrest is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 152m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2019
Floor Size
126m2
Land Size
152m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 14, Section 27, Unit 12

Last Listing description (December 2023)

Positioned on the second floor of one of Canberra's best developments, this spacious three-bedroom apartment is a step above the rest of the Canberra market. It is located within the ACT's best suburb of Forrest and is therefore just moments to Manuka, Parliament House, Lake Burley Griffin, Kingston and within the catchment zone of the region's best schools. This means that you're at the doorstep to some of the best eateries, bars and entertainment that Canberra has to offer.

From the moment you arrive outside the 'Dominion Residences' you can see that this is not your run of the mill development. The facade is clad with the Southern Hemispheres largest installation of porcelain and its combination with the raw concrete and black steel balustrades complete the look theorised by the highly regarded Collins Caddaye Architects. The interiors were designed by award winning Capezio Copeland and no expense was spared with many of the finishes having been imported from Italy. The building built by CapCorp is so highly regarded that it was awarded the Housing Industry Award for best Apartment Complex in ACT / Southern NSW for 2020 and was a finalist in the Australian Awards.

There are just three apartments that share the second floor of this boutique development. The floorplan of number 12 has been carefully thought-out. Upon entry you are greeted by a large hallway that ensures privacy and separation from the living rooms. This feeling of space is carried throughout, highlighted by three well separated bedrooms and windows to all three sides of the property. The apartment is flooded with natural light and fronts a leafy Dominion circuit.

Whilst this home is ideal for an owner occupier who is looking to downsize or enjoy the amenities that are within walking distance, it would also suit an investor looking to secure a fantastic property that is surrounded by Government departments and private industry tenants.

In Summary:
• Northerly orientation
• Flanked by glass on three sides
• Reverse-cycle heating and cooling
• Great floorplan with bedroom separation
• The two-car lock-up garage has a generous storage area within.
• Gourmet kitchen with induction cook top and Siemens appliances
• A separate laundry
• Double glazed windows
• LED downlights with feature down lights in the lounge and kitchen,
• High ceiling heights
• HIA Award for Best Apartment Complex in ACT / Southern NSW

Figure Summary (all approx.)
• 152m2 internally plus 13m2 of balcony
• Body corporate: $2768 p.q.
• General rates: $773 p.q.
• Water and sewage: $185 p.q.

Property History for 12/22 Canberra Ave, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$1,310,000
26 Feb 2021
Listed for Rent
$1.25k/w
21 Dec 2020
  • 01 Nov 2023
    Listed for Sale Not Disclosed
  • 26 Feb 2021
    Sold for $1,310,000
  • 09 Sep 2020
    Listed for Rent $1,250 / week
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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 1,251 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 15 properties listed for sale, and 5 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.