98/5 Empire CircuitForrest ACT 2603
Property Details for 98/5 Empire Cct, Forrest
98/5 Empire Cct, Forrest is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 2307m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last transferred in October 2017.
Last Listing description (February 2022)
Under the current Government guidelines all inspections will be conducted by appointment only for a maximum of 15 minutes. Please send an enquiry should you wish to view the property.
Located on the top floor of 'The Bentley', this spacious one-bedroom property is a perfect entry apartment into Canberra's best suburb. 'The Bentley' is superbly situated halfway between Manuka Village and the Parliamentary Triangle. This means you will be just a five-minute walk to Manuka, Kingston, Lake Burley Griffin, Parliament House and a short drive to the city. A location simply doesn't get much better.
The property itself is north facing and is flanked by windows on both sides. This allows for a stunning amount of natural light to flood the property and given its top floor location it is also very private. The property has laminate flooring to the living / dining area and then carpet to the bedroom for the best of both worlds.
The property is currently vacant and would be of interest to investors or perfect for an owner occupier moving in. Given its location it will suit both buyer segments.
In summary:
- Superb location
- North facing and flooded with natural light
- Private outdoor balcony
- Great condition and ready to move into
- Vacant and ready to move in
- 71m2 internally & 6m2 balcony
Figure summary (all approx.)
- Body corporate: $972p.q
- General rates: $540p.q
- Water & sewerage: $166p.q
- Land tax (if let): $640p.q
- Built in 2004
Property History for 98/5 Empire Cct, Forrest, ACT 2603
- 30 Sep 2021Listed for Sale $460,000+
- 23 Oct 2017Transferred
- 23 Feb 2017Listed for Rent - Price not available
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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 1,249 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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