OFF MARKET

7/48 Madigan Street
Hackett ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 1706m2
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Property Details for 7/48 Madigan St, Hackett

7/48 Madigan St, Hackett is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 1706m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1985
Floor Size
80m2
Land Size
1706m2
Local Government
Canberra Central
Lot/Plan
HACKETT: Block 8, Section 17, Unit 7

Last Listing description (October 2022)

In this beautiful boutique development of "Madigan Gardens" make this step in to a ground floor very private apartment.

With only ten units in the tightly held complex, it is very rare that two have become available with vacant possession at the same time! Yes, 4/48 is also vacant alongside 7/48 and is offering families an opportunity to look out for each other, but to have their own space. Alternately buy both and rent one out!

First home buyers will also relish the chance to enjoy all the benefits of an Inner North address, without a huge price tag.

The ground floor position of 7/48 has no stairs, two courtyards and is very secluded.

Madigan Gardens is perfectly located close to the City bus route, Watson's cafs, restaurants and shops with easy access to the City and ANU.

Imagine cycling to work everyday along the scenic Mount Ainslie foothills route or enjoying an al fresco brunch in one of Dickson's delightful cafes after a workout in the nearby gym or lazy swim in Dickson pool - don't miss these lifestyle opportunities!

*Bright, open plan living areas
*A great kitchen with a dishwasher, plus plenty of cupboard and bench space
*The two good sized bedrooms have built in robes
*There is a spa bath to the bathroom and a separate WC
*Single lock up garage
*Hackett shops and cafes conveniently adjacent with side gate access
*Beautiful Mount Majura walks, within walking distance of the units
*Nearby bus stops to the City and to Dickson

Why Older Model units are better than Newer Model units:

*Lower running costs: A healthy sinking fund keeps strata fees low
*Your own HWS: Not sharing the cost across the complex
*A real kitchen, not a gallery/teeny kitchen
*Bigger bedrooms and a much bigger living area
*No Eureopean laundry, you have a whole room!
A separate WC, not in the bathroom

Disclaimer:
All information contained herein is gathered from external sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and satisfy themselves in all respects.

Property History for 7/48 Madigan St, Hackett, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$490,000
12 Aug 2022
  • 12 Aug 2022
    Sold for $490,000
  • 13 Jul 2022
    Listed for Sale $499,950
  • 11 May 2001
    Sold for $163,000
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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 1,346 properties. Over the last 5 years, Houses in Hackett have seen a 43.02% increase in median value, while Units have seen a 31.44% increase. As at 31 July 2024:

  • The median value for Houses in Hackett is $1,196,111 while the median value for Units is $523,006.
  • Houses have a median rent of $780 while Units have a median rent of $423.
There are currently 2 properties listed for sale, and 5 properties listed for rent in Hackett on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Hackett.

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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.