5/2 Hopegood PlaceGarran ACT 2605
Property Details for 5/2 Hopegood Pl, Garran
5/2 Hopegood Pl, Garran is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 8239m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in April 2007.
Last Listing description (May 2007)
Worry Free Residential Property Investment
Forward purchase your retirement home in today's market in the popular upmarket and tightly held 'Avignon' complex.
Inner south suburb conveniently located to local shops, hospital, schools and Woden Plaza assuring longer term growth prospects.
The accommodation comprises a massive living/dining area, 3 bedrooms, ensuite, laundry, sep bathroom, galley kitchen with quality stainless steel appliances. All up 125M2 of living space.
Move in and retire down the track to a rejuvenated unit which has been newly recarpeted and repainted and in the meantime pick up a tax deduction in the current year in excess of $25,000 returning a tremendous gross yield of 4.8%. Rent is annually reviewed to market which should result in increased returns.
Other details: lease expiry - 10 08 10 + 3 year option, land tax $272pa, b/c fees $1585pa, rates $608pa. Inspection by appointment.
Property History for 5/2 Hopegood Pl, Garran, ACT 2605
- 26 Apr 2007Sold for $432,500
- 29 Mar 2007Listed for Sale 435000
- 06 Jul 2001Sold for $288,000
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0About 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.
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