OFF MARKET

21 Fornax Street
Giralang ACT 2617

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 194m2
Land area: 741m2
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Property Details for 21 Fornax St, Giralang

21 Fornax St, Giralang is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 741m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Year Built
1976
Floor Size
194m2
Land Size
741m2
Local Government
Belconnen
Lot/Plan
GIRALANG: Block 23, Section 35

Last Listing description (March 2018)

Giralang has experienced a 7% growth in land value over the last year, and smart buyers are recognising the value of this well positioned suburb so close to Westfield and employment hubs like Civic, Belconnen and Gungahlin.
The potential on offer with this three bedroom home in the well regarded suburb of Giralang is tremendous.
There is also a chance we could be re-writing the definition of 'renovator special', as you will see from the photos.

The carpets have been removed to show the fantastic 1970s floorboards, and while plastering and gyprocking is needed throughout, the opportunity for capital growth should not be missed!
Why pay for someone else's renovations - benefit from your own work and watch your portfolio value increase.
The residence is also positioned forward on the block, ensuring a large yard for any future extension (subject to ACTPLA approval).
Any appliances or fixtures on-site carry no warranty from the owner.

Features Include:
1974-1976 construction
Single level exposed brick residence
Timber flooring
Lounge with large windows
Three bedrooms
Two sides of yard has colorbond fencing
Gas hot water
Shed without door has power connected
Foxtel dish on roof
Large back yard

Residence: 100m2
Land Size: 741m2
Land Value: $347,000
Land Rates: $2250 pa
EER 2
(All numbers approximate)

Property History for 21 Fornax St, Giralang, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$542,000
07 Mar 2018
  • 07 Mar 2018
    Sold for $542,000
  • 08 Feb 2018
    Listed for Sale Not Disclosed

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About Giralang 2617

The size of Giralang is approximately 2.4 square kilometres. It has 4 parks covering nearly 32.6% of total area. The population of Giralang in 2011 was 3,304 people. By 2016 the population was 3,322 showing a population growth of 0.5% in the area during that time. The predominant age group in Giralang is 0-9 years. Households in Giralang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Giralang work in a professional occupation. In 2011, 77.5% of the homes in Giralang were owner-occupied compared with 76.1% in 2016.

Giralang has 1,300 properties. Over the last 5 years, Houses in Giralang have seen a 43.37% increase in median value, while Units have seen a 16.43% increase. As at 31 October 2024:

  • The median value for Houses in Giralang is $886,462 while the median value for Units is $503,052.
  • Houses have a median rent of $650 while Units have a median rent of $345.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Giralang on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Giralang.

Suburb Insights for Giralang 2617

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.