OFF MARKET

29/16 New South Wales Crescent
Forrest ACT 2603

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 96m2
Land area: 3921m2
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Property Details for 29/16 New South Wales Cres, Forrest

29/16 New South Wales Cres, Forrest is a 2 bedroom, 2 bathroom Unit and was built in 2012. The property has a land size of 3921m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2012
Floor Size
96m2
Land Size
3921m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 13, Section 34, Unit 29

Last Listing description (February 2023)

Positioned on the top floor, northeastern corner you will enjoy entertaining on the sunny balcony and cooking in the gourmet kitchen. Centrally located, this apartment will be perfect for professional couples looking for the lifestyle and conveniences of inner south living.

This two-bedroom apartment offers a functional and practical floor plan ideal for someone looking to enjoy the best of Canberra's Inner South. With a generous sized bedroom's, serviced by a walk-through wardrobe and ensuite as well as a sizeable main bathroom.

A modern open plan kitchen and living space, this property offers space and privacy that makes apartment living comfortable.

Centrally located, with a balcony overlooking a beautiful tree lined street, you will enjoy entertaining with friends and family, cooking in the gourmet kitchen with integrated dishwasher.

This apartment is feature packed and is the definition of quality, class and style. Evolve" in Forrest is a perfectly located, walk to Manuka's restaurants and eateries and the government offices within the Parliamentary Triangle. Enjoy the outlook of this top floor apartment with views over Canberra's' inner south towards Telopea Park. Walk the tree lined streets to the restaurants and amenities nearby.

Features:

- Stylish open plan combined living space with sliding glass door to balcony.
- State of the art kitchen and integrated fridge, good serving, and storage space.
- Sizeable master bedroom with walk in robe and ensuite bathroom.
- Second bedroom with near access to main bathroom
- Hideaway laundry with washing machine and dryer.
- Reverse cycle heating and cooling.
- Full length balcony
- Two secure car parking spaces plus storage cage.

- Living 103m2 (approx.)
- Land Tax per annum $2,976 (approx.)
- Rates per annum $2,422 (approx.)
- Body corporate per annum $6,350 (approx.)
- Rental estimate $620-$640 per week (approx.) - property currently rented.

Property History for 29/16 New South Wales Cres, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$755,000
19 Dec 2022
Listed for Rent
$600/w
04 Apr 2017
  • 19 Dec 2022
    Sold for $755,000
  • 17 Nov 2022
    Listed for Sale $759,900
  • 16 Mar 2017
    Listed for Rent $600 / 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 1,249 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.