5/5 Garran PlaceGarran ACT 2605
Property Details for 5/5 Garran Pl, Garran
5/5 Garran Pl, Garran is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1974. The property has a land size of 1201m2 and floor size of 654m2. 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.
Last Listing description (August 2024)
*By Appointment Only - Contact Agent to Book*Nestled within a small built block comprising just 9 units, this two-bedroom with a practical open-plan design, the apartment features a spacious balcony, perfect for relaxation or entertaining. The kitchen seamlessly integrates with the living/dining areas, showcasing laminate flooring and reverse-cycle air-conditioning. The generously proportioned bedrooms include built-in wardrobes, offering ample storage space. Additionally, the Garran shopping centre, complete with its local supermarket, cafes, restaurants, and medical facilities, is conveniently situated nearby. Currently rented for $580 per week and expiring 19/5/2025.Features include:-Spacious apartment -Updated flooring throughout-Freshly painted throughout-New curtains -Two bedrooms both with built in robes -One bathroom with bathtub -Brand new toilet installed in the bathroom -One car carport -Open plan living -Kitchen has been updated with new tapware -Westinghouse gas cooktop and oven -1x split system in the living room-Large covered balcony -(strata to commence works soon to update all windows to double glazed) - Close to local schools and shops EER: 2.5Total living: 59m2 approx. Balcony: 16m2 approx. Body corporate: $1,530 per quarter approx.Property Built: 1974Rates: $2,968.17 per annum approx.Land Tax: $4,159.05 per annum approx. (paid by investors only)
Property History for 5/5 Garran Pl, Garran, ACT 2605
- 15 Aug 2024Sold for $420,000
- 06 Mar 2024Listed for Sale Not Disclosed
- 05 Apr 2022Sold for $385,000
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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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