OFF MARKET

4/16 New South Wales Crescent
Forrest ACT 2603

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 85m2
Land area: 3921m2
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Property Details for 4/16 New South Wales Cres, Forrest

4/16 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 85m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2012
Floor Size
85m2
Land Size
3921m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 13, Section 34, Unit 4

Last Listing description (August 2019)

If you are seeking a new postcode, whether for a new home, to further your childrens' education or simply for future investment - look no further than 2603.
Evolve offers an immaculately presented two bedroom apartment in the heart of the prestigious Inner South suburb of Forrest. This property is located within walking distance to Manuka village where you can enjoy a coffee at Urban Pantry, a drink at Public, or dinner at one of the many renowned restaurants. Dining and entertaining experiences are enhanced with the ?old Kingston' shopping precinct and the Kingston foreshore restaurant district being just a short drive away. Forrest is more than just a suburb choice; Forrest is a lifestyle choice.
The apartment itself comprises of two generous sized bedrooms, with the master featuring a private ensuite and a large built in robe with sliding doors. The second bedroom has direct access onto the large private balcony overlooking the well manicured gardens. The open plan areas include dining and living flowing onto your private balcony enabling a glorious natural light to fill the space.

Additional Features;
Neat and tidy kitchen, with large built in fridge and ample storage.
European Laundry
Study Nook
Secondary bathroom
Two car accommodation with lock up storage
Two split systems in both living and master bedroom
Across from highly regarded Telopea Park School
Walking distance to the parliamentary triangle and government buildings.
Currently rented on a fixed lease until October 2019 at $580 pw
Particulars:
Body Corporate: $1,220 pq
Rates:$470 pq
Land Tax:$640 pq
EER: 6.0 Stars

Property History for 4/16 New South Wales Cres, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$750,000
06 Jul 2023
Listed for Rent
$580/w
23 Oct 2017
  • 06 Jul 2023
    Sold for $750,000
  • 29 Jul 2019
    Sold for $607,000
  • 29 Jul 2019
    Sold
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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.