OFF MARKET

18/22 Canberra Avenue
Forrest ACT 2603

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 2275m2
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Property Details for 18/22 Canberra Ave, Forrest

18/22 Canberra Ave, Forrest is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 2275m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2019
Land Size
2275m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 14, Section 27, Unit 18

Last Listing description (September 2022)

Perfectly positioned halfway between Manuka and Parliament House, this split level one-bedroom apartment offers the best lifestyle possible in Canberra. You will be at the doorstep of some of Canberra's best eateries and bars which are located in Manuka such as Public and Urban Pantry, the Kingston Foreshore's The Dock, Morks and Molto, Lake Burley Griffin, the Parliamentary Triangle and a short commute to the CBD.

Stepping inside you will be immediately impressed by the natural light which floods both the living room and the bedroom as this property is located on the sunny side of the 'Dominion Residences'. The kitchen has ample cupboard space and top of the line appliances. The finishes at this property are as good as it gets.


The property is currently tenanted on a periodic tenancy for $510 per week, don't miss out on this fantastic investment opportunity.

Summary:
Flooded with natural light through large double-glazed windows
Ducted reverse cycle heating and cooling
Secure building with intercom
Premium lifestyle offering
Walk to work in the Parliamentary Triangle
34m2 downstairs living, 30m2 upstairs living and 11m2 of balcony space

Figure summary (all approx.):
Body corporate: $1184p.q
General rates: $489p.q
Water & sewerage: $175p.q
Land tax (if let): $588p.q
Built in 2019

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Property History for 18/22 Canberra Ave, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$590,000
06 Sep 2022
Listed for Rent
$525/w
24 Sep 2019
  • 06 Sep 2022
    Sold for $590,000
  • 05 Aug 2022
    Listed for Sale $585,000+
  • 06 Jun 2019
    Listed for Rent $525 / 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 1,250 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.

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