SOLD
Sold on 27 Aug 2024 for $440,000

1/1 Garran Place
Garran ACT 2605

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 1612m2
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Sold By
Maloney's The Estate Agent
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Property Details for 1/1 Garran Pl, Garran

1/1 Garran Pl, Garran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 1612m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Garran in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
64m2
Land Size
1612m2
Local Government
Woden Valley
Lot/Plan
GARRAN: Block 7, Section 36, Unit 1

Last Listing description (September 2024)

Discover the perfect blend of comfort and convenience with this lovely Two bedroom, One bathroom Apartment. Nestled in the serene suburb of Garran. This Apartment presents an ideal opportunity for first-time buyers, downsizers, or savvy investors.

This updated and stylish property offers an easy care lifestyle in an excellent location. Both the Garran Shopping Centre and Canberra Hospital are mere minutes away as is Garran Primary School, public transport and Woden Town Centre.

Updated kitchen with gas cooking, dishwasher, pull out pantry, double sink and double glazing on southern windows, Carpets in the bedrooms and floating wood floors in the living room plus an attractive bathroom you could wish for no more.

Property Highlights:
- Two bedrooms with built in robes and carpet
- Kitchen with gas cooking, dishwasher, pull out pantry and double sink
- Double Glazing on Southern windows
- Attractive living room with floating wood flooring
- Large private courtyard with storage shed
- One car carport with security sensor lights
- Reverse cycle heating and cooling
- NBN FTTN

Property Details:
- Living Size: 63m2
- Balcony Size: 28.42m2
- Carport: 16.5m2
- Periodic Tenancy Paying $540 per week
- EER: 4.5
- Build year: 1974
- Units in complex: 9

Property Outgoings:
- Rates: $754 approx. per quarter
- Landtax if payable: $1,051.08 approx. per quarter
- Levies: $1,732 approx. per quarter
- Water Rates: $186.77 approx. per quarter

Disclaimer:
While all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regards to any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate the information provided.

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Property History for 1/1 Garran Pl, Garran, ACT 2605

A timeline of how this property has performed in the market
Last Sold
$440,000
27 Aug 2024
Listed for Rent
$490/w
24 Nov 2021
  • 27 Aug 2024
    Sold for $440,000
  • 25 Jun 2024
    Listed for Sale Not Disclosed
  • 22 Nov 2021
    Listed for Rent $490 / week
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About Garran 2605

The size of Garran is approximately 2.7 square kilometres. It has 10 parks covering nearly 36.6% of total area. The population of Garran in 2011 was 3,198 people. By 2016 the population was 3,492 showing a population growth of 9.2% in the area during that time. The predominant age group in Garran is 40-49 years. Households in Garran are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Garran work in a professional occupation. In 2011, 64.7% of the homes in Garran were owner-occupied compared with 64.3% in 2016.

Garran has 1,464 properties. Over the last 5 years, Houses in Garran have seen a 40.72% increase in median value, while Units have seen a 18.25% increase. As at 31 October 2024:

  • The median value for Houses in Garran is $1,472,687 while the median value for Units is $740,215.
  • Houses have a median rent of $815 while Units have a median rent of $663.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Garran on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Garran.

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