SOLD
Sold on 26 Feb 2024 for $440,000

29/16 Eyre Street
Griffith ACT 2603

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 7719m2
Sold By
Francis Properties
Save

Property Details for 29/16 Eyre St, Griffith

29/16 Eyre St, Griffith is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 7719m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Griffith in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
53m2
Land Size
7719m2
Local Government
Canberra Central
Lot/Plan
GRIFFITH: Block 22, Section 20, Unit 72

Last Listing description (June 2024)

Private inspections welcome over the Christmas break, please submit an enquiry!

Whether you are a first home buyer looking for an affordable property in a great location or an investor after a low risk property with solid returns, this charming double brick dwelling could be for you.

Kingston Terrace features a tennis court, swimming pool, spa bath and 2 recreational barbeque areas, a car wash area as well as a play area for small children set amongst established trees providing shade.

Over time upgrades to the building include restricting access to the car park, intercoms on entry foyers, recarpeting common areas and inclusion of CCTV security monitoring.

Griffith contains the Manuka Shopping Centre, one of the earliest shopping areas built in Canberra. Noted buildings in the suburb include St Paul's Anglican Church. Griffith, sized at approximately 3 km?, is one of Canberra's oldest suburbs, with several of its streets designed according to Walter Burley Griffin's original designs for Canberra. The suburb has 20 parks covering nearly 12% of the total area.

Griffith was gazetted in 1926 and is named after Sir Samuel Griffith, who was chosen in 1903 as the first Chief Justice of the High Court of Australia and retained his position until retirement in 1919. Streets in Griffith are named after explorers and includes several areas that are listed by the ACT Heritage Council.

General features:
? North East facing
? Overlooks swimming pool
? 53m2 living
? Wall mount RCAC
? Blockout curtains to living
? Carpeted living areas
? Large bedroom
? Mirrored wardrobe

Kitchen features:
? Kitchen skylight
? SMEG Electric oven
? 4 zone cooktop
? Recirculating rangehood
? SMEG Stainless steel dishwasher
? Lots of cupboards and drawers

Bathroom / Laundry features:
? Quite large bathroom
? Spa bath with shower over
? Bathroom skylight
? Large mirror
? Wall mount 4.5kg dryer

Rental potential:
? Currently rented at $455 per week

Outgoings:
Body Corporate $5,703.20 (annual, 2023)
Rates $2,680.01 (annual, 2023)
Land Tax $3,356.28 (annual, 2023, only if rented)
Water and Sewerage $175.56 / quarter (2023)

Property History for 29/16 Eyre St, Griffith, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$440,000
26 Feb 2024
Listed for Rent
$420/w
22 May 2019
  • 26 Feb 2024
    Sold for $440,000
  • 26 Oct 2023
    Listed for Sale Not Disclosed
  • 27 Jan 2022
    Listed for Sale $399,000+
Sign in to see more transactions

Commute Calculator

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 3,438 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 13 properties listed for rent in Griffith on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Griffith.

Suburb Insights for Griffith 2603

Market Insights
Griffith Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Griffith Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.