20 Castlereagh CrescentMacquarie ACT 2614
Property Details for 20 Castlereagh Cres, Macquarie
20 Castlereagh Cres, Macquarie is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1969. The property has a land size of 725m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2023)
You've heard the saying about buying the worst house in the best
street... Well, here it is!
Fantastic and rare opportunity for an astute buyer to secure this knockdown rebuild block or gather your crew and reap the financial rewards by taking on a major renovation project.
This block is perfectly positioned in a desirable location within easy walking distance to all amenities.
In its current condition it is uninhabitable...BUT the opportunity the block presents is undeniable.
The bones are here though make no mistake, the home itself would require extensive renovations, making it a desirable block for a
complete knockdown rebuild.
A 724 sqm straight block that boasts a gentle slope to the rear, the potential is there to enjoy lovely views across the region from the
rear of your new home.
We anticipate our buyer will be someone looking for an extensive renovation project or more likely a builder who has been searching
for the perfect block in Macquarie to build their clients an impressive dream home.
Opportunities like this come once in a blue moon, especially in this desirable location in the popular suburb of Macquarie.
FEATURES:
This home can not be lived in without significant renovations !
? Block 25 Section 27 Macquarie
? Block size 724m2
? Existing Dwelling size (approximately): 144.57m2
? Existing Dwelling Uninhabitable in its current condition
Property History for 20 Castlereagh Cres, Macquarie, ACT 2614
- 27 Oct 2023Sold for $818,000
- 06 Oct 2023Listed for Sale Offers over $829,000
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0About Macquarie 2614
The size of Macquarie is approximately 1.7 square kilometres. It has 14 parks covering nearly 13.4% of total area. The population of Macquarie in 2011 was 2,557 people. By 2016 the population was 2,698 showing a population growth of 5.5% in the area during that time. The predominant age group in Macquarie is 30-39 years. Households in Macquarie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macquarie work in a professional occupation. In 2011, 58.3% of the homes in Macquarie were owner-occupied compared with 55.8% in 2016.
Macquarie has 1,566 properties. Over the last 5 years, Houses in Macquarie have seen a 38.06% increase in median value, while Units have seen a 40.34% increase. As at 30 September 2024:
- The median value for Houses in Macquarie is $870,822 while the median value for Units is $533,151.
- Houses have a median rent of $643 while Units have a median rent of $590.
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