7/1 Garran PlaceGarran ACT 2605
Property Details for 7/1 Garran Pl, Garran
7/1 Garran Pl, Garran is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1612m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Last Listing description (April 2019)
Enjoy the best of both worlds - fully renovated with no more to do, super convenient to all amenities and low body corporate fees!
Oozing an abundance of charm this one bedroom unit is warm and inviting and boasts beautiful fresh interiors including sparkling modern bathroom, updated kitchen, separate laundry and stunning views to the Brindabellas from your private balcony.
Split system AC provides year round comfort, while gas cooking, private stairwell and allocated car space complete an attractive package.
Perfect for the first home buyer, savvy investor or professional working at the hospital, #7/1 Garran Place is an affordable option and excellent opportunity to purchase in the sought after and established suburb of Garran.Features;
Fully Renovated
Stunning views
Living area - 55sqm
Body Corporate - $709pq approx..
Rates - $510pq approx.
Land tax - $710pq approx.
Potential Rental income - $400+ per week
Property History for 7/1 Garran Pl, Garran, ACT 2605
- 20 Mar 2019Sold for $315,000
- 17 Oct 2018Listed for Sale $325,000
- 01 Jan 2014Listed for Rent $345 / 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.
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