OFF MARKET

8/7 Mcgee Place
Pearce ACT 2607

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 1680m2
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Property Details for 8/7 Mcgee Pl, Pearce

8/7 Mcgee Pl, Pearce is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 1680m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1977
Floor Size
60m2
Land Size
1680m2
Local Government
Woden Valley
Lot/Plan
PEARCE: Block 13, Section 24, Unit 8

Last Listing description (December 2021)

Gabbi & Rex are excited to present this fantastic opportunity, ideally located, in the popular suburb of Pearce. Hidden at the end of a cul-de-sac, this sturdy unit is walking distance to local schools, shops, and parks. A perfect purchase for the investor, downsizer or first home buyer.

This particular unit is one of the largest in the quiet complex of 12. The top-floor home offers spacious and practical living areas, with a well-sized, north-east facing balcony, and depending on the weather you'll have views of Black Mountain Tower. This property is a must see if you'd like to secure a cracking home in a sought-after suburb.

Property is currently being tenanted for $420.00 per week on a month to month basis.

Property Features:
- Two large bedrooms with built-in robes
- Electric cooking
- Spacious living and dining space
- North-East facing, private balcony
- Combined laundry and bathroom
- Large linen storage
- Reverse-cycle air conditioning
- Single carport
- Quiet complex, located at the end of a cul-de-sac
- Walking distance to local schools and shops

EER: 3.5
Living Size: 68m2
Rates: Approx. $577.44 per quarter
Land Tax: $747.83 per quarter
Body Corp: $2,922.04 per year
Built: 1977

Suburb Snapshot:
Backing onto the Mount Taylor Nature Reserve, Pearce may be a quiet, tucked away suburb in Woden, but it also enjoys easy access to shops, schools, parks, transport, and Canberra Hospital. With a wide range of houses, townhouses and apartments, there's something to suit all budgets. One of the longest-serving restaurants in Canberra, Ramas has been dishing up a delicious menu of Indian-Fijian dishes in Pearce since 1991. You can also get the heart pumping with a walk-up Mount Taylor-up the top you'll be rewarded with 360-degree views over Canberra and the Brindabella Ranges.

Disclaimer:
Please note that while all care has been taken regarding general information and marketing information compiled for this advertisement Luton Properties does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. Figures quoted above are approximate values based on available information. We encourage prospective parties to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Property History for 8/7 Mcgee Pl, Pearce, ACT 2607

A timeline of how this property has performed in the market
Last Sold
$362,000
10 Dec 2021
Listed for Rent
$390/w
09 Aug 2019
  • 10 Dec 2021
    Sold for $362,000
  • 09 Nov 2021
    Listed for Rent $450 / week
  • 21 Oct 2021
    Listed for Sale $349,000+
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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 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.