SOLD
Sold on 03 Jul 2024 for $505,000

56/7 Empire Circuit
Forrest ACT 2603

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 4657m2
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Purnell Citywide Real Estate Kingston
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Property Details for 56/7 Empire Cct, Forrest

56/7 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 4657m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Forrest in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
60m2
Land Size
4657m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 6, Section 33, Unit 56

Last Listing description (July 2024)

Located just moments from the Manuka Shopping Village, this spacious top floor property is perfectly located to immerse yourself in the Inner South lifestyle. The property is only a few hundred metres from the Telopea Park School, Manuka Oval if you’re an AFL or cricket fan and the Kingston Shops. You will also be a short ride to Parliament House, Lake Burley Griffin and the many offices that the Parliamentary Triangle is home to.

Stepping inside you will be impressed by the generous floorplan that is on offer. The sprawling floorplan is flooded with morning and midday sun due to its easterly and northern orientations and the bedroom is generously sized. The balcony is a fantastic place to entertain and feels like an extension of the living area, whilst enjoying a view over the common gardens and pool.

Features:

- Fantastic central yet quiet location
- Spacious internal floorplan
- Located within the Telopea Park School and Narrabundah College catchment zone
- Northerly orientation with views over the complex

Figure Summary (all approx.):
- Body corporate: $975 p.q.
- General rates: $589 p.q.
- Water and sewage: $185 p.q.
- Land tax (if rented): $633 p.q.

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Property History for 56/7 Empire Cct, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$505,000
03 Jul 2024
Listed for Rent
$480/w
19 May 2024
  • 03 Jul 2024
    Sold for $505,000
  • 06 Jun 2024
    Listed for Sale Not Disclosed
  • 27 Feb 2024
    Listed for Rent $480 / 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 1,262 properties. Over the last 5 years, Houses in Forrest have seen a 42.20% increase in median value, while Units have seen a 20.25% increase. As at 30 November 2024:

  • The median value for Houses in Forrest is $3,630,997 while the median value for Units is $871,772.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Forrest on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Forrest.

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