SOLD
Sold on 06 May 2024 for $488,000

10/18 Captain Cook Crescent
Griffith ACT 2603

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 8580m2
Sold By
Purnell Citywide Real Estate Kingston
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Property Details for 10/18 Captain Cook Cres, Griffith

10/18 Captain Cook Cres, Griffith is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 8580m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Griffith in the last 12 months.

Building Type
Unit
Year Built
2000
Land Size
8580m2
Local Government
Canberra Central
Lot/Plan
GRIFFITH: Block 4, Section 41, Unit 10

Last Listing description (May 2024)

Located within Canberra's most desired postcode of 2603 this split-level apartment will appeal to both investors and owner-occupiers alike. It is situated perfectly as it is walking distance to Manuka shops, old Kingston and the Kingston Foreshore, Lake Burley Griffin, Parliament House and Barton.

Stepping inside you are immediately taken aback by the natural light and spacious feel that number 10 presents. The property is on the ground level of the complex and therefore you can avoid the lift and common corridors when leaving home to visit one of the many cafes or restaurants that are at your doorstep, as Manuka and Kingston are home to some of the best eateries in the Canberra region.

Traditionally these apartments have been great investment units with rental prices recently ranging from $500 per week to $550 per week for furnished properties. The key to these prices is its proximity to the Parliamentary Triangle and the many Barton offices contained within that area. All furnishings can be included within the sale making it move in ready for tenants - there is even cutlery in the drawers!

Downstairs there is a single secure car space and storage cage.

Features:
- East facing
- Separate powder room for guests
- All furniture included
- Under stair storage
- High rental returns throughout the development

Figure Summary (all approx.):
- 65m2 internally + 9m2 of balcony
- Body corporate fees: $960 p.q.
- General rates: $390 p.q.
- Water and sewage: $185 p.q.
- Land tax (if let): $465 p.q.

Property History for 10/18 Captain Cook Cres, Griffith, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$488,000
06 May 2024
Listed for Rent
$450/w
19 Jan 2017
  • 06 May 2024
    Sold for $488,000
  • 28 Sep 2023
    Listed for Sale Not Disclosed
  • 15 Aug 2022
    Sold for $450,000
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About Griffith 2603

The size of Griffith is approximately 2.8 square kilometres. It has 19 parks covering nearly 18.3% of total area. The population of Griffith in 2011 was 3,899 people. By 2016 the population was 4,571 showing a population growth of 17.2% in the area during that time. The predominant age group in Griffith is 20-29 years. Households in Griffith are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Griffith work in a professional occupation. In 2011, 52.2% of the homes in Griffith were owner-occupied compared with 53% in 2016.

Griffith has 3,434 properties. Over the last 5 years, Houses in Griffith have seen a 46.27% increase in median value, while Units have seen a 25.13% increase. As at 31 October 2024:

  • The median value for Houses in Griffith is $2,003,618 while the median value for Units is $596,958.
  • Houses have a median rent of $610 while Units have a median rent of $545.
There are currently 18 properties listed for sale, and 11 properties listed for rent in Griffith on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Griffith.

Suburb Insights for Griffith 2603

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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.