OFF MARKET

5/1 Garran Place
Garran ACT 2605

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 1612m2
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Last updated 11 Nov 2024
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Property Details for 5/1 Garran Pl, Garran

5/1 Garran Pl, Garran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 1612m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1973
Floor Size
55m2
Land Size
1612m2
Local Government
Woden Valley
Lot/Plan
GARRAN: Block 7, Section 36, Unit 5

Last Listing description (April 2024)

Welcome to 5/1 Garran Place, Garran! This charming 2-bedroom apartment is now available for sale, offering a comfortable and convenient lifestyle in a sought-after location.

As you step inside, you will be greeted by a spacious and light-filled living area which opens onto a large oversized balcony, perfect for relaxation or entertaining guests. The apartment features two well-appointed bedrooms, both including built in robes providing ample space for a small family or working professionals.

Located in the desirable suburb of Garran, this apartment offers easy access to a range of amenities. You will find yourself just moments away from local shops, cafes, and restaurants, ensuring you have everything you need at your doorstep. The nearby Garran Primary School and Canberra Hospital make this property an ideal choice for families or medical professionals.

This property presents an excellent opportunity for first-time buyers, investors, or those looking to downsize. Don't miss out on the chance to secure your home in this highly sought-after location.

Features:
Oversized balcony
Gas cooktop
Split system aircon unit
Both bedrooms include built in robes
Prime location - close to schools, cafes, shops and the hospital
EER:1 Star
Size: 55m2
Rates: $1335 per annum
Land tax: (investors only): $1535 per annum

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Property History for 5/1 Garran Pl, Garran, ACT 2605

A timeline of how this property has performed in the market
Last Sold
$350,000
17 Nov 2017
Listed for Rent
$390/w
13 Nov 2013
  • 17 Jan 2024
    Listed for Sale $475,000+
  • 17 Nov 2017
    Sold for $350,000
  • 18 Oct 2017
    Listed for Sale $350,000+
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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 4 properties listed for sale, and 3 properties listed for rent in Garran on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Garran.

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