SOLD
Sold on 14 Mar 2024 for $675,000

40 Russell Street
Hackett ACT 2602

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 121m2
Land area: 738m2
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Property Details for 40 Russell St, Hackett

40 Russell St, Hackett is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1964. The property has a land size of 738m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Hackett in the last 12 months.

Building Type
House
Year Built
1964
Floor Size
121m2
Land Size
738m2
Local Government
Canberra Central
Lot/Plan
HACKETT: Block 29, Section 45

Last Listing description (November 2022)

Auction Location: On Site.

Premiere locations are hard to come by, which is why homes that are situated in the tightly held "reserve pocket" of Hackett always offer a vision of the future that entices the discerning buyer. Whilst only minutes to the CBD and all the inner north conveniences, including being a stroll to both Ainslie and Hackett shops and all the cafes, local bars and convenient, high quality shops on offer, it is easy to think you are miles from anywhere. Cradled between both Mount Ainslie and Mount Majura reserves and all the parks, greenspaces, walking trails and mountain bike paths on offer, the true Canberra lifestyle awaits.

Light is the main attraction at 40 Russell Street. With a rare, north to the rear orientation, the back yard, kitchen and living spaces are awash with gorgeous sunshine. The home itself is in great condition, with three good sized bedrooms, all with built-in robes, sharing a generous, well maintained bathroom and separate toilet. The kitchen and dining look out over the sunny backyard and make it easy to keep an eye on the kids whilst cooking or enjoying a cup of tea in the sun. The lounge/living area is spacious and bright and enjoys green leafy outlooks to the well cared for, established front gardens that also create a wonderful privacy.

A short drive around the suburb showcases the transformation that is abound in the area. Renovations, re builds and restorations foretell of a suburb on the rise for many years to come as families flock to the area to put down roots in one of Canberra's best kept secrets. The home is currently tenanted until January, creating an opportunity for investors, home owners and renovators alike to secure a hard to find locale and plan for a bright future.

Features include:
- North to the rear orientation
- 738sqm flat, level block
- 3 bedrooms, all good size with built in robes
- Ducted heating/cooling
- Single lock up garage
- Mature gardens and trees
- Minutes to Mt Ainslie and Mt Majura reserves
- 4km to CBD
- Currently leased until 17 Jan 2022 at $680pw

Council Rates: $4,604 p.a. approx.
Land Tax (if applicable) $7,160 p.a. approx.
UV: $666,000

EER: 1

Property History for 40 Russell St, Hackett, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$675,000
14 Mar 2024
Listed for Rent
17 Jan 2015
  • 14 Mar 2024
    Sold for $675,000
  • 20 Oct 2021
    Listed for Sale Sold
  • 05 Oct 2021
    Listed for Sale Sold
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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 4 properties listed for rent in Hackett on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Hackett.

Suburb Insights for Hackett 2602

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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.