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Sold on 21 Oct 2024 - Price Unavailable

18/127 Madigan Street
Hackett ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 18/127 Madigan St, Hackett

18/127 Madigan St, Hackett is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Hackett in the last 12 months.

Building Type
Apartment

Last Listing description (October 2024)

Discover a fantastic opportunity in the heart of Hackett with this charming 1-bedroom unit. Whether you're a first-time buyer looking for an affordable entry into the market or an investor seeking a property with excellent rental potential, 18/127 Madigan Street offers the perfect blend of practicality, location, and future growth.

Designed for low-maintenance living, the open-plan layout includes a functional living, dining, and kitchen space, ideal for everyday comfort. The kitchen features ample storage, a freestanding gas cooktop, and oven, making it both practical and efficient. Timber-look flooring flows through the living area, while the bedroom is cozy with plush carpeting and a built-in floor-to-ceiling wardrobe for plenty of storage.

The bedroom also offers privacy with heavy curtains, and the updated bathroom is conveniently positioned like an ensuite. With 2.5m ceilings, the unit feels spacious and airy, providing a comfortable retreat. In addition to on-site parking, you’ll benefit from shared amenities such as a communal laundry and a lock-up bike shed. The quiet, well-maintained neighborhood enhances the appeal of this property, offering a peaceful retreat while being just minutes away from shops, parks, and essential services. Located within walking distance to local Hackett shops and only a short drive to Dickson Shopping Centre, Australian Catholic University, and other educational institutions, this property is perfectly situated for convenience and long-term growth. Its proximity to public transport and key Canberra hubs makes it an ideal investment for the future.

This unit is perfect for first home buyers looking to get into the market with a property that offers potential for future capital growth. Investors will also be drawn to the low-maintenance lifestyle and its strong rental appeal, given the proximity to schools, universities, and Canberra’s key employment hubs. Seize this opportunity to secure a cozy and functional unit with excellent potential. Contact us today to arrange a viewing!

Features:
• Simple + Functional Open Living, Dining, Kitchen
• Kitchen with Ample Storage
• Free Standing Gas Cooktops & Oven
• Built in Floor to Ceiling Robe
• Timber Look Flooring
• Carpeted Bedroom
• Window Furnished with Heavy Curtains
• Updated Private Bathroom Situated like an Ensuite
• 2.5m Ceilings
• Communal Laundry & Lock-up Bike Shed
• Quite Neighbourhood
• On-site Parking
• Close to Endless Amenities (Schools, University, Shops, Parks)

Close to:
Local Hackett Shops – 750m (10 Min Walk)
Dickson Shopping Centre – 2.3km (4 Min Drive)
Watson Shops – 2.2km (3 Min Drive)
Australian Catholic University – 1.2km (15 Min Walk)
University of Canberra – 8.6km (12 Min Drive)
CIT Reid – 5.8km (10 Min Drive)
UNSW Australian Defence Academy – 7.3km (10 Min Drive)
Blue Gum Pre + Primary School – 2.7km (5 Min Drive)
Calvary Private Hospital – 8.7km (13 Min Drive)

Specs:
Built: 1974
Ceiling insulation rating: R4
EER: 2 Stars
Rates: $2,871pa approx
Land Tax (If Tenanted): $835pq approx
Body Corp: $490pq (Paid half yearly)
Total number of units: 28
Strata manager: Wright Dunn

* To receive the contract of sale, building report, and additional documents via email within just 10 minutes of your enquiry, please fill out the online request form. Be sure to check both your inbox and junk folder for prompt delivery, available 24/7.

Property History for 18/127 Madigan St, Hackett, ACT 2602

A timeline of how this property has performed in the market
Last Sold
21 Oct 2024
Listed for Rent
$300/w
19 Apr 2018
  • 21 Oct 2024
    Sold for $302,000
  • 19 Sep 2024
    Listed for Sale $295,000+
  • 18 Apr 2018
    Listed for Rent $300 / week
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About Hackett 2602

The size of Hackett is approximately 1.9 square kilometres. It has 12 parks covering nearly 7.6% of total area. The population of Hackett in 2011 was 2,914 people. By 2016 the population was 2,999 showing a population growth of 2.9% in the area during that time. The predominant age group in Hackett is 40-49 years. Households in Hackett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hackett work in a professional occupation. In 2011, 72.9% of the homes in Hackett were owner-occupied compared with 71% in 2016.

Hackett has 1,345 properties. Over the last 5 years, Houses in Hackett have seen a 45.30% increase in median value, while Units have seen a -4.76% decrease. As at 30 November 2024:

  • The median value for Houses in Hackett is $1,245,425 while the median value for Units is $505,951.
  • Houses have a median rent of $700 while Units have a median rent of $445.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Hackett on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Hackett.

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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.