OFF MARKET

5 Mugga Way
Forrest ACT 2603

Bedrooms: 4
Bathrooms: 5
Car spaces: 3
Land area: 1785m2
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Property Details for 5 Mugga Way, Forrest

5 Mugga Way, Forrest is a 4 bedroom, 5 bathroom House with 3 parking spaces. The property has a land size of 1785m2. While the property is not currently for sale or for rent, it was last sold in September 1992.

Building Type
House
Land Size
1785m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 1, Section 37

Last Listing description (March 2024)

A landmark estate-like residence unlike anything that has come onto the Canberra market in recent times, this exquisitely curated home sitting stately on a 1785m2 block on Mugga Way, exudes a distinctive southern-European elegance that is refined yet welcoming.

Every room opens onto an outdoor space, whether to the ambient gardens where flourishing fragrant jasmine subtly scents the ground floor interiors, or to wistful bespoke-wrought-iron encircled balconies and a private terrace on the main bedroom level upstairs.

As expected of a home on Canberra's Golden Mile, all of the expansive entertaining spaces are present, from the flowing formal lounge and dining spaces that drink in the lush garden vignettes, to the double terraces one overlooking the refurbished pool, the other ringed by a semi-circular open colonnade that invites languid alfresco gatherings.

The day-to-day living zones are equally impressive. There is a delightful sightline from the airy kitchen through the family room to the spectacular curved conservatory and the calming outlook of nature beyond. A wood-burning fireplace is valued for both its sensory appeal and the warmth it offers.
Also on the ground level, a generous private study and a separate den bookend a full bathroom and are sufficiently versatile for use as extra bedrooms or an au pair's quarters.

Secreted upstairs are an additional four king-size charming bedrooms. Two of the secondary bedrooms have an ensuite and walk-in wardrobes. The divine master benefits from a sizeable, covered terrace overlooking the pool, plus a second, north-facing balcony. Along with its dual-sink vanity and shower, the master ensuite with marble also features a spa bath that sits beneath a striking round window.

Discerning buyers will not only appreciate the ornate ceilings, designer finishes and extensive use of high-quality materials - think Haddonstone render, marble to bathrooms, Brushbox floors, Tasmanian Ash kitchen benchtops - but also this home's proximity to elite schools, Red Hill walking trails, boutique shopping and dining, Deakin medical precinct and the Canberra CBD.

FEATURES
Distinctive trophy estate residence in incredible location
1785 m2 Corner block
Automated custom gates to entry
Solid block construction
Parliament House views in winter
Extensive arched colonnades, windows and Doric columns
Formal entry
High ceilings with unique master-crafted cornice work
Specialised paint finishes
Floor-to-ceiling windows downstairs
European Kitchen, installed by Pioneer kitchens, with Tasmanian Ash benchtops, Bosch 6-burner gas cooktop, double AEG ovens, utility cupboard + walk-in pantry
Stylish bathrooms, three with marble tiling, and two with spa bath
Brush box flooring
Plantation shutters
Custom designer curtains
Quality fittings and fixtures throughout
Under-stair wine storage
Second-storey sitting area with atrium-style skylights and automated block-out blinds
Ducted vacuum
Generous laundry with breezeway access to outdoors
Extensive storage
Ducted gas heating
Electric panel heating to bedrooms
CCTV
Sensor lights
Saltwater chlorinated pool with pool cover
Immaculate gardens with privacy hedging, roses, water features, extensive paving and kitchen garden
24-zoned automated irrigation system
Triple garage plus huge workshop
Off-street parking for 8 cars

Property History for 5 Mugga Way, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$515,000
25 Sep 1992
Listed for Rent
$3.50k/w
18 Aug 2023
  • 23 Nov 2023
    Listed for Sale Not Disclosed
  • 20 Apr 2023
    Listed for Rent - Price not available
  • 25 Sep 1992
    Sold for $515,000

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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 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.