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Sold on 22 May 2024 for $620,000

27/43-51 Giles Street
Kingston ACT 2604

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 77m2
Land area: 854m2
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Purnell Citywide Real Estate Kingston
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Property Details for 27/43-51 Giles St, Kingston

27/43-51 Giles St, Kingston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 854m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Kingston in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
77m2
Land Size
854m2
Local Government
Canberra Central

Last Listing description (May 2024)

'Wentworth Court' is perfectly positioned halfway between the Old Kingston shops and the Kingston Foreshore. This makes it within walking distance to the best lifestyle Canberra offers and your proximity to some of Canberra's best eateries, the newly opened Supabarn supermarket, the employment hub of the Parliamentary Triangle and Lake Burley Griffin.

Stepping inside this established brick development, the property ticks many boxes buyers are now looking for. It is a solid brick build, meaning it is a tried and tested building method. This keeps the body corporate fees lower than most due to the lack of regular painting, no lifts and no other amenities. It also is very spacious and creates a blank canvas for someone to enjoy the current updates or do further renovations.

The property will suit both investors or owner occupiers looking to purchase in the heart of the Inner South.

In Summary:
- Filled with lots of natural due to its north-easterly aspect
- Spacious floorplan
- Great location, within walking distance to great local amenities
- Low maintenance development
- One underground car space + one street level spot

Figure Summary (all approx.):
- Body corporate: $1552 p.q.
- General rates: $652 p.q.
- Water and sewage: $185 p.q.
- Land tax (if rented): $820 p.q.

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Property History for 27/43-51 Giles St, Kingston, ACT 2604

A timeline of how this property has performed in the market
Last Sold
$620,000
22 May 2024
Listed for Rent
$460/w
07 Apr 2020
  • 22 May 2024
    Sold for $620,000
  • 07 Mar 2024
    Listed for Sale $635,000+
  • 15 Oct 2020
    Listed for Sale Offers Above $498,000

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About Kingston 2604

The size of Kingston is approximately 1.4 square kilometres. It has 8 parks covering nearly 8.1% of total area. The population of Kingston in 2011 was 2,978 people. By 2016 the population was 4,417 showing a population growth of 48.3% in the area during that time. The predominant age group in Kingston is 20-29 years. Households in Kingston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingston work in a professional occupation. In 2011, 35.3% of the homes in Kingston were owner-occupied compared with 40.2% in 2016.

Kingston has 5,012 properties. Over the last 5 years, Houses in Kingston have seen a -47.44% decrease in median value, while Units have seen a 29.42% increase. As at 30 September 2024:

  • The median value for Houses in Kingston is $853,018 while the median value for Units is $691,397.
  • Houses have a median rent of $615 while Units have a median rent of $620.
There are currently 37 properties listed for sale, and 23 properties listed for rent in Kingston on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Kingston.

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