SOLD
Sold on 30 Jul 2024 for $385,500

8/112 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 8/112 Macfarland Cres, Pearce

8/112 Macfarland Cres, Pearce is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. 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 July 2024. There are other 2 bedroom Unit sold in Pearce in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
65m2
Land Size
1770m2
Local Government
Woden Valley
Lot/Plan
PEARCE: Block 8, Section 24, Unit 8

Last Listing description (July 2019)

First home buyers, Astute investors and Downsizers a fantastic opportunity awaits you with this recently updated 2 bedroom 2nd floor apartment offering a quiet, convenient and active lifestyle in the heart of Pearce.
Featuring open plan north facing living area and covered balcony; giving the perfect amount of sunshine for that first morning coffee. A functional kitchen with good storage, 2 good size bedrooms with a leafy outlook, all freshly painted with new carpet and vinyl flooring...nothing to do except move in and appreciate.
Perfectly located close to public transport and the local Pearce shops, where you'll find Cafe Viin, the ever popular Rama's Fiji-Indian restaurant amongst others, and your local Foodworks.

A short walk will get you to the Pearce Neighbourhood Oval, a brief bike ride will get you to the cycling routes of Canberra connecting the suburbs to the City, and a quick drive will get you to Westfield Woden and Southland Mawson shopping Centre, Phillip Business & Services District, Public Transport hubs & the local public and private schools.
This property is vacant and ready to rent, or simply move in and enjoy.
So don't sit and wait for the open home on Saturday; call Glen for a private inspection today on 0416 219 957.
Features;

Freshly painted throughout
New carpet and kitchen vinyl flooring
New LED lights
North facing living & balcony
2 good size bedrooms
Single allocated carport
Convenient to the local shops & public transport
Short drive to Westfield Woden & Mawson Shopping Centre
Small number of units in complex
Potential Rent: $360 per week
Rates: $450pq (approx.)
Body Corporate: $742pq (approx.)
Land Tax (if rented out): $603pq (approx.)
Built: 1970
Number of units: 12

Property History for 8/112 Macfarland Cres, Pearce, ACT 2607

A timeline of how this property has performed in the market
Last Sold
$385,500
30 Jul 2024
  • 30 Jul 2024
    Sold for $385,500
  • 05 Jul 2019
    Sold for $268,000
  • 08 May 2019
    Listed for Sale Offers Above $272,000
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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 no properties listed for sale, and no properties listed for rent in Pearce on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Pearce.

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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.