SOLD
Sold on 21 Nov 2023 for $650,000

5/3 Mainwaring Rich Circuit
Palmerston ACT 2913

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 93m2
Land area: 1764m2
Sold By
Alex Ford
Stone Gungahlin
Jess Doolan
Stone Gungahlin
Save

Property Details for 5/3 Mainwaring Rich Cct, Palmerston

5/3 Mainwaring Rich Cct, Palmerston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 1764m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Palmerston in the last 12 months.

Building Type
Unit
Year Built
1993
Floor Size
93m2
Land Size
1764m2
Local Government
Gungahlin
Lot/Plan
PALMERSTON: Block 29, Section 162, Unit 5

Last Listing description (January 2024)

Property to go to auction on-site Saturday 02/12/2023 at 3:45pm with offers welcome prior.

Situated in a complex of only five residences sits this modern townhouse which has been renovated inside and out and enjoys a open plan floor plan complete with a large custom kitchen finished with top end integrated and plumbed Electrolux appliances, it provides the perfect blend of style and functionality accompanied by landscaped gardens and an outdoor entertaining area to suit all those looking for a home where all the hard work has been done for you.

Whether via drive, bike ride or with public transport, residents can quickly establish a routine being adjacent to the Gungahlin Town Centre & Canberra Light Rail. Just a minute's drive is an abundance of shops, cafes, restaurants, transport, entertainment and other amenities. Schools like Burgmann Anglican and Gungahlin College, perfect for small and younger families. 5/3 Mainwaring Rich provides the fantastic, nature-rich and opportune lifestyle Northern Gungahlin can provide for you.

Features Overview:
- Single level floorplan
- Located on the edge of Gungahlin Town Centre, a short drive and walking distance to shops, restaurants, cafes, transport options, schools, entertainment and amenities.
- NBN connected with Fibre to the Premises (FTTP)
- Renovations completed 2023
- EER (Energy Efficiency Rating): 3.5 Stars

Sizes (Approx.)
- Internal Living: 93.70 sqm
- Garage: 21.96 sqm
- Total residence: 115.66 sqm

Prices:
- Rates: $649.15 per quarter
- Land Tax (Investors only): $1,368.65 per quarter
- Conservative rental estimate (unfurnished): $560-$600 per week

Inside:
Custom UltraMatt Polytec Kitchen complete with:
- 17 fingerpull BLUM soft close drawers plus pantry.
- Fully integrated Electrolux dishwasher
- Plumbed Electrolux French door fridge ? Filtered water & Ice maker.
- 900mm Electrolux induction cooktop
- 900mm Electrolux interconnected connected integrated rangehood.
- 600mm Electrolux pyrolytic stream oven
- 600mm Electrolux Built in convection microwave.
- LED strip lighting
Clipsal Iconic power points and switches throughout.
Energy efficient Stiebel Heat pump 302H hot water system delivering 540 litres to the home.
Hybrid Flooring to living & Kitchen.
New (July 2023) Carpet to bedrooms
Recessed LED downlights throughout
Full height tiles to bathroom
Caroma Urbane II PVD brushed nickel Tapware and accessories throughout.
Full Laundry to garage, with ACTPLA approved plumbing connections.
Built in wardrobes to all bedrooms.

Outside:
Fully Landscaped enclosed private front courtyard, side and rear of property, complete with paved outdoor entertaining area and footpaths. Whole replacement of Pergola, Gutters Downpipes & Colorbond fencing with dual access gates to front and rear for ease of access to public transport and walking paths.

Construction Information:
- Flooring: Concrete slab on ground
- External Walls: Brick veneer
- Roof Framing: Timber: Truss roof framing
- Roof Cladding: Concrete roof tiles
- Fascia: Timber fascia boards
- Gutters: Colorbond and metal gutters
- Fences: Timber fencing and Colorbond fencing
- Window Frames: Predominantly aluminum window frames
- Window Glazing: Single glazed windows

Palmerston as a suburb has always been in high demand, is situated a short 12-minute drive to Canberra city center and is in close proximity to Gungahlin Town Centre providing easy access to a main shopping center, dozens of restaurants and the Canberra light rail. Palmerston itself features local shops that include an IGA supermarket, Hairdresser, Capital Chemist, with plenty of parks, ovals & bike paths you can really enjoy living in this prestigious location.

Inspections:
We are opening the home most Saturdays with mid-week inspections. If you would like a review outside of these times, please email us at: jessdoolan@stonerealestate.com.au.

Disclaimer: The material and information contained within this marketing is for general information purposes only. Stone Gungahlin does not accept responsibility and disclaims all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

Property History for 5/3 Mainwaring Rich Cct, Palmerston, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$650,000
21 Nov 2023
Listed for Rent
28 Jul 2015
  • 21 Nov 2023
    Sold for $650,000
  • 08 Nov 2023
    Listed for Sale Auction 02/12/2023
  • 23 Nov 2020
    Sold for $395,000
Sign in to see more transactions

Commute Calculator

About Palmerston 2913

The size of Palmerston is approximately 1.9 square kilometres. It has 8 parks covering nearly 9% of total area. The population of Palmerston in 2011 was 5,681 people. By 2016 the population was 5,526 showing a population decline of 2.7% in the area during that time. The predominant age group in Palmerston is 30-39 years. Households in Palmerston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmerston work in a professional occupation. In 2011, 66.6% of the homes in Palmerston were owner-occupied compared with 66.9% in 2016.

Palmerston has 2,227 properties. Over the last 5 years, Houses in Palmerston have seen a 45.29% increase in median value, while Units have seen a 46.30% increase. As at 31 October 2024:

  • The median value for Houses in Palmerston is $1,040,143 while the median value for Units is $647,703.
  • Houses have a median rent of $645 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Palmerston on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Palmerston.

Suburb Insights for Palmerston 2913

Market Insights
Palmerston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Palmerston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.