7/12 Lorne PlacePalmerston ACT 2913
Property Details for 7/12 Lorne Pl, Palmerston
7/12 Lorne Pl, Palmerston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 2835m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (November 2022)
Two bedroom, single level, townhouses are a rare find in the Canberra property market but this well presented property solves that problem and is the perfect opportunity for downsizers, small families and first home owners to buy at Weerona Gardens in popular Palmerston and live in a comfortable, low maintenance property.
On entering the home you are greeted by a lovely large living room complemented by an open plan dining area which extends to a private rear courtyard with a paved area and a simple easy-care garden perfect for outdoor entertaining.
The kitchen is practical and a good size with gas cooking facilities, dishwasher, stainless steel appliances, great storage options and a fabulous breakfast bar that flows into the dining room flooded with natural light through glass sliding doors that lead to the courtyard.
Both bedrooms are generously proportioned and feature built-in robes. They share a bathroom with shower, bath and separate toilet plus an internal laundry area with generous storage.
The location is perfect - only a five minute walk to Palmerston Primary School, Burgmann Anglican School, Palmerston shops, ovals, parks and easy access to the city or Gungahlin for commuters. The home is at the end of a quiet Cul-de-Sac with driveway access and a single car garage plus additional adjacent car space.
The property also presents an excellent opportunity for investors, with tenants in place on a fixed term lease until July 2018, paying $400 per week in rent.
Features:
- Single level and free standing
- 2 spacious bedrooms with built-in-robes
- Single garage with additional car space
- Low maintenance private courtyard
- Separate laundry
- Ducted heating
- Gas hot water
EER: 3.0
Property History for 7/12 Lorne Pl, Palmerston, ACT 2913
- 27 Jul 2018Sold for $378,000
- 30 Jan 2018Listed for Sale $382,500
- 19 Jun 2017Listed for Rent $400 / week
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0About 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 2,226 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.
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