SOLD
Sold on 09 Apr 2024 for $225,000

41/47 Mcmillan Crescent
Griffith ACT 2603

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 20m2
Land area: 5714m2
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Property Details for 41/47 Mcmillan Cres, Griffith

41/47 Mcmillan Cres, Griffith is a 0 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 5714m2 and floor size of 20m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom Unit sold in Griffith in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
20m2
Land Size
5714m2
Local Government
Canberra Central
Lot/Plan
GRIFFITH: Block 10, Section 84, Unit 41

Last Listing description (May 2024)

Rare investment opportunity now available in Griffith ACT.
Excellent tenant currently paying $410 p/w with lease until September, 2024 and happy to re-new further.

Lovely studio apartment with it's very own private courtyard.

Part of secure complex - McMillan Gardens.
Conveniently located in Griffith ACT, close to shops, transport and amenities.
Walking distance to Fyshwick Markets and Kingston train station.
Includes furnishings - Fridge, microwave, bed, BBQ, couch, table & chairs.
Kitchen with electric cooktops.
Electric hot water system.
R/C air con & heater.
Build in wardrobe.
Bathroom with shower, toilet, vanity and lots of cupboards.
Own parking space.
Complex offers a pool and laundry facilities.

Rates $522 p/q
Land tax $643.63 p/q
Complex Levies $658.35 p/q

Don't wait, an opportunity like this won't last long.

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Property History for 41/47 Mcmillan Cres, Griffith, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$225,000
09 Apr 2024
  • 09 Apr 2024
    Sold for $225,000
  • 09 Mar 2024
    Listed for Sale $225,000
  • 17 Feb 2022
    Sold for $177,500
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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 3,438 properties. Over the last 5 years, Houses in Griffith have seen a 41.29% increase in median value, while Units have seen a 26.85% increase. As at 30 September 2024:

  • The median value for Houses in Griffith is $1,927,603 while the median value for Units is $589,946.
  • Houses have a median rent of $630 while Units have a median rent of $545.
There are currently 18 properties listed for sale, and 9 properties listed for rent in Griffith on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Griffith.

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