Major Opportunity To Expand
Set in a quiet cul de sac in much sought-after Giralang, this 3 bedroom privately built home beckons both first homebuyers with a view to the future, and investors alike.
Giralang is very much a growth suburb, ideally located to: major shopping centres - Westfield and the Belconnen Town Centre; to the new Gungahlin Market Place and of course only a 10-15 minute drive to the CBD. In easy reach to Canberra University, Calvary Hospital and the AIS and bus transport to all major centres. Locally the Kaleen Village offers great shopping and social facilities. There are schools in abundance with Giralang Primary only a short walk away and offering awesome community spirit and a fantastic education facility.
Set well on a huge block, with north to the rear, there is a significant opportunity for future expansion. This property offers a garage and carport, 3 good size bedrooms, new kitchen and updated open plan living areas. In a quiet neighbourhood it is an ideal start for young families, keen to enter the property market. Our vendors are well motivated and this property no longer fits into their investment portfolio. It has been a significant income stream over the past 4 years and it is now time for it to go. Serious offers will be considered so do not hesitate or this opportunity may be lost.
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:
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