SOLD
Sold on 29 Jun 2024 for $962,000

5 Fernie Place
Monash ACT 2904

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 117m2
Land area: 866m2
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Sold By
Paul and Robyn Sutton Properties
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Property Details for 5 Fernie Pl, Monash

5 Fernie Pl, Monash is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1979. The property has a land size of 866m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Monash in the last 12 months.

Building Type
House
Year Built
1979
Floor Size
117m2
Land Size
866m2
Local Government
Tuggeranong
Lot/Plan
MONASH: Block 29, Section 114

Last Listing description (July 2024)

SOLD BY AUCTION. Another Monash property sold by Paul & Robyn Sutton Properties. We have numerous buyers who have missed out, so please call Paul on 0407 099 175 or Robyn on 0409 442 484 if you are thinking of selling a similar property in this popular area. We do not charge additional costs to auction your property. Our goal is to keep your marketing costs as low as possible, while giving your property cost-effective market exposure, to achieve a great result.

An exciting opportunity presents itself for you to purchase two established homes as one lot. It is superbly located on an 866 sqm parcel of land within a quiet cul-de-sac and is just a short stroll to local shops and Tuggeranong Town Centre.

5A is the front home and has great street appeal showcasing a full-width verandah. A spacious floorplan offers three good-sized bedrooms, spacious lounge room, dining room and meals area. Features functional kitchen, large bathroom, laundry and single carport. A large leafy backyard provides plenty of space for the kids to play.

5B is the rear home and is a beautifully presented two bedroom single level home. A formal entry leads to a sun-filled lounge and dining area. A gourmet kitchen and family room open to a private backyard with a paved entertaining area. A double carport provides the car accommodation.

5A and 5B are ideally suited for the extended family, elderly parent, home office or the astute investor taking advantage of the potential income from retaining both properties as rentals. Alternatively, live one and rent the other out to help pay the mortgage.

Inspection is highly recommended as this type of property is a rare offering.

Feature Summary:

Front Residence 5A features:

? Built 1979
? 3 large bedrooms
? Formal lounge room
? Formal dining room
? Large functional kitchen
? Meals area
? Ducted gas heating
? Full-width verandah
? Large leafy backyard
? House size - 117.78 m2 (approx)
? Carport size - 36 m2 (approx)
? EER: 2

Rear Residence 5B features:

? Built 2012
? Modern 2 bedroom home
? 2 large bedrooms
? Formal lounge and dining room
? Large gourmet kitchen
? Meals area
? Bathroom
? Backyard with paved entertaining area
? Water tank
? House size- 101.18 m2 (approx)
? Garage size - 39.54 m2 (approx)
? EER: 6

Both properties are currently leased. One is on a monthly lease and the other lease is ending soon. Both tenants have indicated they may wish to stay in the properties for the investor, while the lease end dates are also suited for the live-in buyers.

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Property History for 5 Fernie Pl, Monash, ACT 2904

A timeline of how this property has performed in the market
Last Sold
$962,000
29 Jun 2024
Listed for Rent
$500/w
09 Jul 2021
  • 29 Jun 2024
    Sold for $962,000
  • 16 Apr 2024
    Listed for Sale Not Disclosed
  • 23 Jun 2021
    Listed for Rent $500 / week
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About Monash 2904

The size of Monash is approximately 3.4 square kilometres. It has 11 parks covering nearly 20.4% of total area. The population of Monash in 2011 was 5,422 people. By 2016 the population was 5,436 showing a population growth of 0.3% in the area during that time. The predominant age group in Monash is 50-59 years. Households in Monash are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monash work in a professional occupation. In 2011, 74.4% of the homes in Monash were owner-occupied compared with 73.5% in 2016.

Monash has 2,412 properties. Over the last 5 years, Houses in Monash have seen a 43.35% increase in median value, while Units have seen a 53.80% increase. As at 31 October 2024:

  • The median value for Houses in Monash is $943,419 while the median value for Units is $693,834.
  • Houses have a median rent of $680 while Units have a median rent of $570.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Monash on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Monash.

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