SOLD
Sold on 21 Feb 2024 for $515,000

42/7 Irving Street
Phillip ACT 2606

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 7061m2
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Property Details for 42/7 Irving St, Phillip

Building Type
Commercial
Year Built
2017
Floor Size
75m2
Land Size
7061m2
Local Government
Woden Valley
Lot/Plan
PHILLIP: Block 1, Section 22, Unit 42

Last Listing description (November 2023)

Comfort and convenience are some of the main features of this 2 bedroom apartment in the heart of what is the 'happening' area of Woden Valley. Set within a well constructed complex this fourth floor apartment is modern and light filled and features warm tones that resonate throughout.

The resort-style complex, complete with a lap pool, spa, and barbecue areas, provides the perfect social hub to enjoy quality time with friends and family. Fitness enthusiasts will enjoy the fully equipped gym and then onto the pool for a swim.

A spacious open plan living area opens to a covered balcony that runs the length of the apartment. The practical kitchen space, equipped with top-of-the-line Bosch stainless steel appliances, 20mm stone benchtops, and ample pantry space allows the chef in you to ignite your passion.

2 bedrooms will accommodate your guests or live in tenant perhaps. Both offering segregation along with built in robes. Overall 'Trilogy' offers a great option to live in or invest for your future.

Nestled in the heart of the 'new' and vibrant Woden Town Centre, this prime location is rapidly evolving into one of Canberra's most exciting precincts. An array of great dining venues, shops, and entertainment outlets are all within easy walking distance. Along with such established venues as Westfield Woden Plaza, Hellenic Club, Southern Cross Club, and the Phillip Pool to name a few.

Lots of storage space and a Daikin split system air-conditioning also add to the comfort of this north east facing apartment.

Within a short commute to the city, and with easy transport access to many private and public schools, this apartment is a great opportunity not to be missed. It also offers secure basement car parking with storage.

We liked:
The outlook
Heating cooling
Resort style living
Pool and Gym
Easy access to major shopping outlets
Close to major bus routes
Secure intercom access
Open plan living area
Modern kitchen with stone benchtops, dishwasher, electric cook top and oven, and plenty of bench and cupboard space
Main bedroom with built-in robe
Second segregated bedroom with built-in robe
Floor-to-ceiling windows in the living room and bedrooms
2.7 high ceilings
Basement parking space, direct lift access and storage cage
NBN connected with FTTP
Resort-style in-ground heated pool and spa with BBQ area
Well-equipped 24/7 fitness centre/gymnasium
Walking distance to Woden Town Centre and bus interchange
12 minute drive (approx.) to the City centre

Currently tenanted on a month to month basis @ $540 Per week

Rates approx $384 per quarter
Body Corp approx $913 per quarter
Land tax approx $384 per quarter ( if applicable )

Property History for 42/7 Irving St, Phillip, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$515,000
21 Feb 2024
Listed for Rent
$500/w
20 Jan 2021
  • 21 Feb 2024
    Sold for $515,000
  • 27 Nov 2023
    Listed for Sale offers over $540,000 considered
  • 08 Jan 2021
    Listed for Rent - Price not available
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About Phillip 2606

The size of Phillip is approximately 2.5 square kilometres. It has 17 parks covering nearly 27.4% of total area. The population of Phillip in 2011 was 2,083 people. By 2016 the population was 2,948 showing a population growth of 41.5% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Phillip work in a professional occupation. In 2011, 39.8% of the homes in Phillip were owner-occupied compared with 38.2% in 2016.

Phillip has 4,494 properties. Over the last 5 years, Houses in Phillip have seen a 52.35% increase in median value, while Units have seen a 52.85% increase. As at 31 October 2024:

  • The median value for Houses in Phillip is $628,086 while the median value for Units is $505,142.
  • Houses have a median rent of $550 while Units have a median rent of $560.
There are currently 64 properties listed for sale, and 20 properties listed for rent in Phillip on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Phillip.

Suburb Insights for Phillip 2606

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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.