SOLD
Sold on 31 May 2024 for $484,000

46/16 New South Wales Crescent
Forrest ACT 2603

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 3922m2
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Property Details for 46/16 New South Wales Cres, Forrest

46/16 New South Wales Cres, Forrest is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 3922m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Forrest in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
72m2
Land Size
3922m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 13, Section 34, Unit 46

Last Listing description (May 2024)

D Block - Ground Floor
One-bedroom unit in the beautiful suburb of Forrest located on the ground floor facing into the middle of the complex.
With a courtyard which has doors onto it leading from the living and the bedroom.

Split system for cooling and heating in the open living area.

Features:
Beautiful green centre yard for complex
Good size courtyard with leafage
Open plan living
Queen sized bedroom with large sliding door and built in robe
Car space with storage cage
There is no existing energy efficiency rating statement for the habitable part of the premises.
This property requires permission for a pet.

Calendar monthly or Fortnightly
rent is payable by direct debit and also can be available fortnightly via BPAY method
Formula - Weekly rent divided by 7 days x 365 divided x 12

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Disclaimer
Whilst care has been taken in gathering details for properties for lease, we accept no responsibility for any inaccuracies herein. All applicants should rely on their own research to confirm any information provided

Property History for 46/16 New South Wales Cres, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$484,000
31 May 2024
Listed for Rent
$500/w
14 Feb 2023
  • 31 May 2024
    Sold for $484,000
  • 10 May 2024
    Listed for Rent $520 / week
  • 14 Feb 2023
    Listed for Rent $500 / 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 4 properties listed for rent in Forrest on OnTheHouse. According to CoreLogic's data, 46 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.