OFF MARKET

47/16 New South Wales Crescent
Forrest ACT 2603

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 3921m2
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Property Details for 47/16 New South Wales Cres, Forrest

47/16 New South Wales Cres, Forrest is a 2 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 3921m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2012
Floor Size
75m2
Land Size
3921m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 13, Section 34, Unit 47

Last Listing description (October 2021)

Offering a stunning outlook over the neighbouring parkland this elevated ground floor courtyard apartment within the 'Evolve' development is sure to impress. In pristine condition, this single level unit offers space, light and a fantastic layout which will appeal to both live in owners and investors alike. Modern interiors flow throughout the apartment with creature comforts, such as segregated bedrooms, a contemporary kitchen and bathroom and a huge 35m2 outdoor terrace with covered and uncovered entertaining options available.

The central location means you're immediately connected to the stylish lifestyle hotspots of Manuka and Kingston, with Lake Burley Griffin just moments' away.

* Single level, ground floor apartment elevated off ground level for privacy

* Generous 75m2 living space & 35m2 terrace overlooking the park
* Extra high 2.7m ceilings, freshly painted, brand new flooring & updated kitchen
* Modern interiors & open plan living space with full height windows & doors
* Side apartment with no neighbours sharing any walls of the bedrooms
* Reverse-cycle air conditioning units in living space & main bedroom
* Easy stroll to Manuka & Kingston shops & Manuka Oval
* Extra-large allocated car spot & visitor parking in secure basement
* Lots of storage space, in basement & in the unit itself
* Potential rental return: $580 - $620 pw

Rates: $556.15 pq (approx.)
Body Corporate: $1,325.93 pq (approx.)

Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.

Property History for 47/16 New South Wales Cres, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$610,000
08 Oct 2021
Listed for Rent
$520/w
18 Jan 2018
  • 08 Oct 2021
    Sold for $610,000
  • 29 Sep 2021
    Listed for Sale AUCTION
  • 20 Sep 2019
    Sold for $530,000
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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 1,250 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.

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.