OFF MARKET

40/7 Empire Circuit
Forrest ACT 2603

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 4662m2
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Property Details for 40/7 Empire Cct, Forrest

40/7 Empire Cct, Forrest is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 4662m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
2004
Floor Size
71m2
Land Size
4662m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 6, Section 33, Unit 40

Last Listing description (July 2021)

The owners of this top floor apartment are ready for their next venture and very keen to secure a sale.

The apartment offers a lovely light and open floor plan, very generous bedroom with great storage plus sunny fresh, northerly living room and balcony. Enjoy an easy stroll to Manuka or Kingston for the theatre, dining, shopping or catch a game at Manuka Oval. The location does truly offer you a lifestyle of absolute convenience.

The apartment's complex offers a heated pool and beautifully maintained central gardens.

If you work in the Parliamentary Triangle precinct then why not leave the car at home and enjoy the benefits of walking to work.

Whether you're a first time buyer or savvy investor, you just can't go wrong with this combination of a well established development in a blue chip location.

PROPERTY FEATURES:
- 71m2 of living + 12m2 balcony
- Light fresh living & dining flow to a sunny balcony
- Kitchen is well appointed with granite tops & quality appliances including dishwasher
- Generous bedroom with robes plus an oversized walk in storage room
- Bathroom has custom vanity & is light & fresh
- Sunny north facing balcony
- Separate laundry including clothes dryer
- Reverse cycle air conditioning to living
- Intercom access to the building
- Pool & established central gardens
- Secure basement parking + storage
- 6 minute walk to Manuka & 12 minute walk to Kingston through beautiful Telopia Park
- Rates; $464.00 per quarter
- Land Tax; $ 463.20 per quarter IF RENTED
- Body Corp fees; $868.90 per quarter

Property History for 40/7 Empire Cct, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$398,000
07 Apr 2021
Listed for Rent
$410/w
19 Jan 2017
  • 26 Jul 2021
    Listed for Sale Sold
  • 18 Jun 2021
    Listed for Sale Sold
  • 07 Apr 2021
    Sold for $398,000
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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.