OFF MARKET

87/43 Eastlake Parade
Kingston ACT 2604

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 4938m2
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Property Details for 87/43 Eastlake Pde, Kingston

87/43 Eastlake Pde, Kingston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 4938m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2015
Floor Size
76m2
Land Size
4938m2
Local Government
Canberra Central
Lot/Plan
KINGSTON: Block 1, Section 64, Unit 87

Last Listing description (June 2022)

This stunning two-bedroom apartment is situated on the Kingston Foreshore and the lake. It boasts floor to ceiling bifold doors that allow the apartment to be opened, extending the living area. Centrally located on Eastlake Parade and a 5-minute walk to the Kingston shops. Enjoy being spoiled for choice as you are surrounded by a range of restaurants and other boutique amenities. This location will have you living the best lifestyle Canberra has to offer with walking distance to Manuka, Jerrabomberra Wetlands, the National and Portrait Galleries and the Parliamentary Triangle.

This two-bed, two-bathroom at 87 'Element' is beautifully presented, and everyone enters with a "wow". It would perfectly suit a buyer looking for the Kingston lifestyle with a unique edge. The kitchen is sleek and elegant featuring a black dcor and mirrored splashback. The apartment is also a strong investment with enduring rentability and fantastic returns, with $700 per week possible.


The 'Element' complex offers modern industrial design, with the apartment defined by high concrete ceilings, black brushed steel fixtures and engineered hardwood flooring. The kitchen includes Miele appliances and an integrated fridge, freezer and dishwasher. The European style laundry is also hidden away for ultimate convenience.

Summary:
Miele appliances
Large floor to ceiling bifold balcony doors
Spacious, efficient, well-considered floorplan
Secure stacked car space with storage cage close by
Access to roof top garden with barbeque
Pet friendly
76m2 internally & 12m2 of balcony space

Figure summary (all approx.):
Body corporate: $1060p.q.
General rates: $400p.q
Water & sewerage: $170p.q
Built in 2015

Property History for 87/43 Eastlake Pde, Kingston, ACT 2604

A timeline of how this property has performed in the market
Last Sold
$695,000
09 Jun 2022
  • 09 Jun 2022
    Sold for $695,000
  • 06 May 2022
    Listed for Sale $690,000+
  • 22 Oct 2021
    Sold for $670,000
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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 4,996 properties. Over the last 5 years, Houses in Kingston have seen a -21.38% decrease in median value, while Units have seen a 24.54% increase. As at 31 October 2024:

  • The median value for Houses in Kingston is $1,322,501 while the median value for Units is $688,314.
  • Houses have a median rent of $625 while Units have a median rent of $620.
There are currently 35 properties listed for sale, and 24 properties listed for rent in Kingston on OnTheHouse. According to CoreLogic's data, 227 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.