OFF MARKET

9/5 Figg Place
Palmerston ACT 2913

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 6000m2
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Property Details for 9/5 Figg Pl, Palmerston

9/5 Figg 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 6000m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1992
Floor Size
92m2
Land Size
6000m2
Local Government
Gungahlin
Lot/Plan
PALMERSTON: Block 14, Section 92, Unit 9

Last Listing description (December 2016)

This well-proportioned single-level home, with two generous courtyards is part of a small complex that has very low body corporate expenses. 9 of 5 Figg Place is a great option for buyers looking for an investment, first home or those who are looking to downsize. Close by you will find Palmerston Primary, local shops, public transport and a few minutes from Gungahlin central.
- Two well-shaped and generous sized bedrooms, both with built in robes
- Extra storage/built in robe facing the main entry

- Spacious and well-shaped lounge separated from the kitchen and dining room
- New and quality bamboo flooring
- Ample bench and cupboard space in the kitchen, which includes stainless steel appliances plus a new induction cooktop
- Neat and tidy combined bathroom / laundry with separate bath and shower plus separate toilet
- Quiet complex and the end of a cul-de-sac street
- NBN Connected to the home
- Single garage with rear access
- Only common wall with the neighbour is on the garage
- Amazing back view adjacent to the reserve area
- Well-sized front courtyard and back courtyard for gardening according to your choice, there is also the space for creating an entertaining deck
- A short walk via walking pathway to bus stops
- Also a short walking distance to Palmerston Primary School, which is also one of the very few number of Introductory English Centre (IEC) schools in Canberra
- A very affordable and consistent body corporate fee ($356.00 per quarter approx. since 2013 with no change) and supply-charge amount only ($158.00 PQ) for the water and sewerage (for an average use by 3-6 person)
- Rental return estimate in September 2016 between $350.00 - $380.00 per week

Property History for 9/5 Figg Pl, Palmerston, ACT 2913

A timeline of how this property has performed in the market
Last Sold
24 Apr 2023
Listed for Rent
$370/w
20 Sep 2011
  • 26 Oct 2016
    Sold for $330,000
  • 30 Jun 2016
    Listed for Sale $335,000+
  • 31 Jul 2013
    Sold for $311,000
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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 2,226 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.
There are currently 6 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

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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.