SOLD
RECENT ADVICE
Sold on 01 Oct 2024 for $265,000

11/46 Mcmillan Crescent
Narrabundah ACT 2604

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 33m2
Land area: 1398m2
Sold By
Purnell Citywide
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Property Details for 11/46 Mcmillan Cres, Narrabundah

11/46 Mcmillan Cres, Narrabundah is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 1398m2 and floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Narrabundah in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
33m2
Land Size
1398m2
Local Government
Canberra Central
Lot/Plan
NARRABUNDAH: Block 2, Section 1, Unit 11

Last Listing description (November 2024)

11/46 McMillan Crescent offers an outstanding opportunity for investors, first-time homebuyers, and frequent commuters.

Perfectly located, this property is a short drive or bike ride from the city, the Parliamentary Triangle, and the Russell offices. It?s also just a few minutes' walk to the Fyshwick Fresh Food Markets, the Kingston Foreshore, and Narrabundah shops.

The one-bedroom apartment features a spacious open-plan living, dining, and kitchen area. The kitchen is well-equipped with ample cupboard and bench space, while the dining nook includes a generous breakfast bar. The living area is filled with natural light and offers a pleasant green outlook. The bedroom includes substantial built-in wardrobes and an adjoining ensuite.

Don?t miss out on this exceptional opportunity to own a property that combines convenience with great potential.

In Summary:
- Great location
- Affordable price point in premium suburb
- Great investment opportunity
- Flooded with sunlight
- Boutique complex

Figure Summary (all approx.)
- Body corporate: $572 p.q.
- General rates: $565 p.q.
- Land tax: $751 p.q.
- Water and sewage: $200 p.q.

Property History for 11/46 Mcmillan Cres, Narrabundah, ACT 2604

A timeline of how this property has performed in the market
Last Sold
$265,000
01 Oct 2024
Listed for Rent
$320/w
07 Aug 2023
  • 01 Oct 2024
    Sold for $265,000
  • 12 Sep 2024
    Listed for Sale $279,000 +
  • 29 Jun 2023
    Listed for Rent $320 / week
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About Narrabundah 2604

The size of Narrabundah is approximately 4.1 square kilometres. It has 14 parks covering nearly 25.7% of total area. The population of Narrabundah in 2011 was 5,669 people. By 2016 the population was 5,933 showing a population growth of 4.7% in the area during that time. The predominant age group in Narrabundah is 50-59 years. Households in Narrabundah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narrabundah work in a professional occupation. In 2011, 54.2% of the homes in Narrabundah were owner-occupied compared with 54.9% in 2016.

Narrabundah has 3,102 properties. Over the last 5 years, Houses in Narrabundah have seen a 77.14% increase in median value, while Units have seen a 37.16% increase. As at 31 October 2024:

  • The median value for Houses in Narrabundah is $1,466,442 while the median value for Units is $608,158.
  • Houses have a median rent of $665 while Units have a median rent of $600.
There are currently 15 properties listed for sale, and 3 properties listed for rent in Narrabundah on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Narrabundah.

Suburb Insights for Narrabundah 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.