SOLD
Sold on 15 Feb 2024 for $250,000

16/41 Leahy Close
Narrabundah ACT 2604

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 77m2
Land area: 5010m2
Sold By
Hayman Partners
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Property Details for 16/41 Leahy Cl, Narrabundah

16/41 Leahy Cl, Narrabundah is a 2 bedroom, 1 bathroom Unit and was built in 1995. The property has a land size of 5010m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Narrabundah in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
77m2
Land Size
5010m2
Local Government
Canberra Central
Lot/Plan
NARRABUNDAH: Block 29, Section 100, Unit 16

Last Listing description (March 2024)

Please note this complex has building and structural defects. For further information, body corporate documents and sales contracts are available upon request. As a result of the building defects, the owner is offering the apartment at a discounted price point compared to other 2 bedroom listings in Narrabundah.

The unit itself offers a functional floor plan. Towards the back of the unit, you have the 2 side-by-side bedrooms, both with built-in robes. The kitchen itself includes plenty of storage and bench space. The apartment then opens to the large living area and the outdoor balcony. From the balcony, you get to enjoy views of the mountain ranges in the distance.

Narrabundah is one of Canberra's most sought-after suburbs for a range of reasons. Living here, you will be close to several town centers including Woden Westfield, Fyshwick Industrial Estate, and the Canberra Civic Centre across the bridge. You also have the benefits of enjoying the outdoors, with the Kingston Foreshore and Lake Burley Griffin down the road, and the heights and views at the top of Red Hill. Narrabundah is also within some of Canberra's best school zones including Telopea Park School, Red Hill Primary, and the popular Narrabundah College.

This property is currently leased out for $525pw on a fixed lease until May 2024.

Features:
- 2 bedrooms, both with split systems AC units
- Updated laminate flooring and painting
- Dishwasher and wall mounted dryer
- Balcony with views
- Single car space
- European Laundry
- 3 x split system AC units throughout the apartment

Figures:
EER: 6.0 stars
Living Area: 77m2
Balcony area: 10m2
Land tax: $755pq approx
Rates: $598pq approx
Body Corp: $3,798pq approx
Strata Manager: LJ Hooker Strata 1800 383 333

Property History for 16/41 Leahy Cl, Narrabundah, ACT 2604

A timeline of how this property has performed in the market
Last Sold
$250,000
15 Feb 2024
Listed for Rent
$525/w
22 May 2023
  • 15 Feb 2024
    Sold for $250,000
  • 11 Dec 2023
    Listed for Sale $250,000
  • 09 May 2023
    Listed for Rent $525 / 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 12 properties listed for sale, and 5 properties listed for rent in Narrabundah on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Narrabundah.

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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.