SOLD
Sold on 04 Dec 2023 for $625,000

54/47 Kennedy Street
Kingston ACT 2604

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 5017m2
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Property Details for 54/47 Kennedy St, Kingston

54/47 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 December 2023. 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 54

Last Listing description (December 2023)

Supremely located on Kingston's Kennedy Street with an abundance of local cafes, restaurants and bars at your doorstep, this spacious two bedroom apartment is in the heart of the action. Further away but still a short walk is Lake Burley Griffin, the Kingston Foreshore and the Parliamentary Triangle. This means you will have all of the best amenity at your doorstep.

This offering marries the older style brick construction with the modern finishes seen in newer units, meaning you have the latest mod cons but the quality construction of an older building. The brick construction means it has great thermal and noise insulation. It has windows on both sides and unlike newer apartments this means it is filled with natural light. In summer you are able to get great cross ventilation as the sliding doors can be opened to both of your large balconies.

Stepping inside you will be taken aback by the generous size of the apartment as it has separate living and dining areas, whilst not compromising on space in either one. This gives you the option of having two meals areas or a large living space. The property is also located on the end of the complex and therefore has only one neighbour.

The property will suit an owner occupier or an investor looking to secure a fantastic Inner South property.

In Summary:
- Great location
- Great condition but also a great renovation prospect
- Two large balconies
- Separate toilet
- Air conditioning
- Brick construction
- Flooded with afternoon sun

Recent Sales:
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: $680 p.q.
- General rates: $642 p.q.
- Water and sewage: $185 p.q.
- Land tax (if let): $803 p.q.

Property History for 54/47 Kennedy St, Kingston, ACT 2604

A timeline of how this property has performed in the market
Last Sold
$625,000
04 Dec 2023
Listed for Rent
$520/w
09 Oct 2021
  • 04 Dec 2023
    Sold for $625,000
  • 26 Oct 2023
    Listed for Sale Not Disclosed
  • 10 Sep 2021
    Listed for Rent $520 / 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 5,012 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.

Suburb Insights for Kingston 2604

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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.