9 Melbourne AvenueForrest ACT 2603
Property Details for 9 Melbourne Ave, Forrest
9 Melbourne Ave, Forrest is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 1963. The property has a land size of 3832m2 and floor size of 411m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (July 2023)
Just 500m south of Parliament House on the wide streetscape of Melbourne Avenue sits this enormous sweeping 3832m2 block offering one of the most preeminent addresses in the inner south, close to embassies, Canberra Girls Grammar, Deakin Medical Precinct, Manuka village, Barton offices and the Canberra CBD.
With a long northern boundary and a gently sloping site it's a rare block primed with enormous potential. This is an ideal development opportunity (subject to NCA approval).
The existing 6-bedroom 1963-built residence formerly housed the Mexican and Danish ambassadors respectively in the 1960s and 1970s.Today, a modern wrought-iron gate opens to reveal a circular driveway on approach to the home. In largely original condition, the residence's updated bathrooms, functional kitchen, oversized living areas and basement storage means there's the option living in situ while you plan your exciting next steps.
Be it's a substantial dream home on a grand estate in one of Canberra's best inner south locations, or a total redevelopment prospect (subject to NCA approval), the choice is yours.
FEATURES
Potential development opportunity subject to NCA approval, or become a substantial dream home with resort like estate
Enormous 3832m2 block of land with long boundary to the north
Three minutes' walk from Parliament House and five minutes' walk from Canberra Girls Grammar
Gated entry
Circular driveway with front garden largely laid to lawn
Existing 1963 home in largely original condition
Six bedrooms, three bathrooms, two powder rooms and separate toilet
Au pair quarters
Multiple living spaces
Pool and outdoor spa
Ducted heating and cooling
Double garage with storage
Property History for 9 Melbourne Ave, Forrest, ACT 2603
- 16 Feb 2023Listed for Sale $7,500,000+
- 26 May 2020Sold for $3,010,000
- 01 May 2020Listed for Sale Contact Agent
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0About 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.
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