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 3,435 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 20 properties listed for sale, and 12 properties listed for rent in Griffith on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Griffith.

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