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Sold on 08 Oct 2024 for $695,000

87/5 Empire Circuit
Forrest ACT 2603

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 87/5 Empire Cct, Forrest

87/5 Empire Cct, Forrest is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Forrest in the last 12 months.

Building Type
Apartment
Local Government
Canberra Central
Lot/Plan
FORREST: Block 8, Section 33, Unit 87

Last Listing description (October 2024)

What we see:
Conveniently located, spacious apartment.

What you see:

Leafy outlook with Northerly aspect.

See more:
Located just 5 minutes walk to Manuka Village, Parliamentary Triangle, Treasury, DFAT, Manuka Oval
Telopea Park on your doorstep as is the Realm Precinct for dining, cafe's and Bars, recreational facilities
A spacious 2 bedroom apartment that has been immaculately cared for with recent improvements and upgrades
Open plan kitchen, dining and lounge
Under cover balcony with leafy outlook
Secure double car parking with additional external storage shed
Separate laundry plus separate internal storeroom
Split system air conditioning
In excellent condition with brand new floor coverings, new kitchen appliances, plantation shutters and bathroom fixtures
Leafy North facing aspect on the quiet and private side of the complex overlooking Fitzroy Street
The Bentley complex a has pool, BBQ, shaded gardens and is pet friendly

Living: 98m²
Balcony: 10m²
Total: 108m²
EER: 6.0
Rental Estimate: $660-$700 p.w
Strata: $1,784 p.q
Rates: $2,805 p.a
Land Tax: $3,430 p.a

Disclaimer: The material and information contained within this marketing is for general information purposes only. HIVE Property does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

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Property History for 87/5 Empire Cct, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$695,000
08 Oct 2024
Listed for Rent
$595/w
14 May 2021
  • 08 Oct 2024
    Sold for $695,000
  • 26 Sep 2024
    Listed for Sale $695,000
  • 05 May 2022
    Listed for Sale Sold
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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 5 properties listed for rent in Forrest on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Forrest.

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