OFF MARKET

7/112 Macfarland Crescent
Pearce ACT 2607

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 1770m2
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Property Details for 7/112 Macfarland Cres, Pearce

7/112 Macfarland Cres, Pearce is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1770m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
Unit
Year Built
1970
Floor Size
65m2
Land Size
1770m2
Local Government
Woden Valley
Lot/Plan
PEARCE: Block 8, Section 24, Unit 7

Last Listing description (August 2012)

What an opportunity... to buy a great first home or investment property
A Savvy home buyer's must have' list has 3 key requirements, 1: Price, 2: Position and 3: Vicinity. This property has it all in trumps. Representing exceptional value for money with high rental income potential, positioned on a premium street within a highly regarded suburb, across the road from Pearce shops, walking distance Woden Centre and only 10 minutes drive to civic and Tuggeranong, with ease of access to all of Canberra's main arterial roads.
Apartment 7 at 5 Parkhill Street Pearce is a 2 bedroom residence in good original condition with a large open plan dining/Kitchen and living area with a covered balcony that showcases attractive views to Mt Taylor. The home is elevated on the second floor and is of double brick construction, assisting in the great energy efficiency ratting of 4. Both bedrooms are of a good size and come with views to Mt Taylor, the master bedroom also boasts a built in robe. The bathroom is large and contains an internal laundry. The location makes it easy to enjoy the convenience of being across the road from the grocery store, bus stop, Rama's and Ethiopia Down Under Restaurant and Deek's Bakery.

7/5 Parkhill street is of a very liveable condition as it is, but it could also benefit from some updating, which would in turn increase the property value considerably. A property like this and at this modest price will certainly be well received by live in owners and investors alike, so to avoid disappointment, be quick to inspect.EER: 4.0

Property History for 7/112 Macfarland Cres, Pearce, ACT 2607

A timeline of how this property has performed in the market
Last Sold
$300,000
20 Aug 2012
  • 20 Aug 2012
    Sold for $300,000
  • 03 Aug 2012
    Listed for Sale OVERS OVER $315,000
  • 21 Apr 2012
    Listed for Sale $315,000 PLUS
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About Pearce 2607

The size of Pearce is approximately 1.7 square kilometres. It has 11 parks covering nearly 15.7% of total area. The population of Pearce in 2011 was 2,544 people. By 2016 the population was 2,574 showing a population growth of 1.2% in the area during that time. The predominant age group in Pearce is 40-49 years. Households in Pearce are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pearce work in a professional occupation. In 2011, 69.8% of the homes in Pearce were owner-occupied compared with 70% in 2016.

Pearce has 1,259 properties. Over the last 5 years, Houses in Pearce have seen a 37.57% increase in median value, while Units have seen a 61.23% increase. As at 31 October 2024:

  • The median value for Houses in Pearce is $1,158,715 while the median value for Units is $697,492.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 1 property listed for sale, and no properties listed for rent in Pearce on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Pearce.

Suburb Insights for Pearce 2607

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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.