SOLD
Sold on 23 Oct 2024 for $570,000

6/16 Bougainville Street
Griffith ACT 2603

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 70m2
Land area: 1433m2
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Property Details for 6/16 Bougainville St, Griffith

Building Type
Commercial
Year Built
1991
Floor Size
70m2
Land Size
1433m2
Local Government
Canberra Central
Lot/Plan
GRIFFITH: Block 40, Section 2, Unit 6

Last Listing description (August 2016)

A ATTRACTIVE, NEAT 70 M2 TOP FLOOR UNIT OVERLOOKING BOUGANVILLE STREET. LOCATED IN MANUKA HOUSE AND OFFERING A SUPERB OPPORTUNITY FOR BOTH INVESTORS AND OWNER OCCUPIERS. TAKE ADVANTAGE OF HIGH VISIBILITY OPPOSITE POPULAR EATERIES AND COSMOPOLITAN SHOPPING. INCLUDES:OFF STREET PARKING (2 SPOTS ALLOCATED)REVERSE CYCLE AIRCONDITIONINGKITCHENETTEDETAIL:BUILT IN 1991WELL MAINTAINED BUILDING AND LEAFY GARDEN SURROUNDSFLEXIBLE TENANCY ARRANGEMENTSOUTGOINGS:RATES - $ 2010 PER QUARTER (APPROX)BODY CORP - $1037 PER QUARTER (APPROX)OWNER WILL CONSIDER LEASE OR SALE.

Property History for 6/16 Bougainville St, Griffith, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$570,000
23 Oct 2024
Listed for Rent
$707/w
03 May 2016
  • 23 Oct 2024
    Sold for $570,000
  • 01 May 2017
    Transferred
  • 04 Nov 2016
    Sold for $498,000
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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 3,487 properties. Over the last 5 years, Houses in Griffith have seen a 32.57% increase in median value, while Units have seen a 22.44% increase. As at 30 November 2024:

  • The median value for Houses in Griffith is $1,875,940 while the median value for Units is $587,496.
  • Houses have a median rent of $630 while Units have a median rent of $548.
There are currently 15 properties listed for sale, and 13 properties listed for rent in Griffith on OnTheHouse. According to CoreLogic's data, 140 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.