OFF MARKET

73/1 Hobart Avenue
Forrest ACT 2603

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 73/1 Hobart Ave, Forrest

73/1 Hobart Ave, Forrest is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (July 2020)

Inspections by Appointment with Agent

8 Star energy ratingEstate Apartments are in our opinion setting a new and very clear benchmark for Residential Apartments in the Canberra region. With a superb array of high quality inclusions and superb attention to detail, Estate is destined to be one of the National Capitals finest residential buildings. Coupled with the new government initiatives reducing stamp duty this makes Estate apartments a compelling investment.


We have on offer a sensational one bedroom top floor luxury 71 m2 approx apartment featuring state of the art appliances with superb views to St Andrews cathedral and Parliament house. It is in close proximity to Manuka Village and very convenient to the City, the Lake Foreshore and Woden town centre.

Highlights
Superb living plan with 2.7m ceilings, great balcony, wonderful outlook
Allocated 60 bottle climate controlled wine storage in the Estate wine cellar
Villeroy and Boch tap & ceramic ware
Recessed pelmets with feature LED strip lighting to living areas and bedrooms
Italian Statuario marble splashback to kitchens
Herringbone mosaic marble to bathrooms
European oak flooring to living areas
Entertainer's kitchen featuring state of the art Gaggenau pyrolytic oven, induction cooktop
ducted range hood integrated dishwasher, combination microwave/ grill and warming drawer
Single car accommodation plus storage area
Estimated rental: $590 - $620 per week, completion due late 2020

Property History for 73/1 Hobart Ave, Forrest, ACT 2603

A timeline of how this property has performed in the market
  • 01 Apr 2020
    Listed for Sale $638,500

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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.