SOLD
Sold on 11 Jul 2024 for $615,000

29/47 Kennedy Street
Kingston ACT 2604

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 5017m2
Sold By
Purnell Citywide Real Estate Kingston
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Property Details for 29/47 Kennedy St, Kingston

29/47 Kennedy St, Kingston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 5017m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Kingston in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
87m2
Land Size
5017m2
Local Government
Canberra Central
Lot/Plan
KINGSTON: Block 42, Section 19, Unit 29

Last Listing description (July 2024)

Ideally situated on Kennedy Street in Kingston, this spacious two-bedroom apartment offers easy access to an array of local cafes, restaurants, and bars, placing you right in the midst of vibrant activity. Additionally, a brief stroll away are Lake Burley Griffin, the Kingston Foreshore, and the Parliamentary Triangle, ensuring you'll have access to the finest amenities right at your fingertips.

This residence seamlessly combines classic brick construction with contemporary finishes typically found in newer units, providing you with modern comforts alongside the enduring quality of older building materials. The sturdy brick construction ensures excellent thermal and noise insulation, while the presence of windows on both sides fills the space with abundant natural light, unlike many newer apartments. During the summer months, the sliding doors leading to two spacious balconies facilitate excellent cross ventilation, enhancing your comfort.

Upon entering, you'll be impressed by the generous proportions of the apartment, which boasts distinct living and dining areas without sacrificing space in either. This layout affords the flexibility of having two dining areas or a sizable living space.

Whether you're an owner-occupier or an investor seeking a prime property in the Inner South, this offering is sure to meet your needs with its desirable features and location.

Features:
- Fantastic Inner South location
- North-east aspect and flooded with light
- Spacious layout with bedroom separation
- Freshly painted for sale
- Great for an owner occupier or investor

Past Sales:
4/12/2023 54/47 Kennedy Street $625,000
23/10/2023 31/47 Kennedy Street $607,000
06/03/2023 7/47 Kennedy Street $612,500
18/10/2022 30/47 Kennedy Street $610,000

Figure Summary (All approx.):
- 87m2 internally + 14m2 on one balcony & 18m2 on the other
- Body corporate: $705 p.q.
- General rates: $642 p.q.
- Water and sewage: $185 p.q.
- Land tax (if let): $809 p.q.

Property History for 29/47 Kennedy St, Kingston, ACT 2604

A timeline of how this property has performed in the market
Last Sold
$615,000
11 Jul 2024
Listed for Rent
$400/w
24 Jan 2015
  • 11 Jul 2024
    Sold for $615,000
  • 11 Apr 2024
    Listed for Sale $615,000+
  • 05 Jan 2015
    Listed for Rent $400 / week
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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 5,069 properties. Over the last 5 years, Houses in Kingston have seen a 119.80% increase in median value, while Units have seen a 27.25% increase. As at 31 July 2024:

  • The median value for Houses in Kingston is $1,435,167 while the median value for Units is $670,303.
  • Houses have a median rent of $600 while Units have a median rent of $620.
There are currently 31 properties listed for sale, and 28 properties listed for rent in Kingston on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in Kingston.

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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.