OFF MARKET

7/85 Port Jackson Circuit
Phillip ACT 2606

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
Land area: 1154m2
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Property Details for 7/85 Port Jackson Cct, Phillip

7/85 Port Jackson Cct, Phillip is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 1154m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1994
Floor Size
80m2
Land Size
1154m2
Local Government
Woden Valley
Lot/Plan
PHILLIP: Block 8, Section 166, Unit 7

Last Listing description (July 2023)

Within walking distance to the surrounding amenities and offering a low maintenance lifestyle are key features when considering purchasing a new home either as a first home buyer or an investor. This apartment certainly ticks all those boxes.

With its ground floor position, the apartment offers a combined lounge and dining room with wall mounted reverse cycle air conditioner, kitchen with electric cook top, oven and dishwasher.

The main bedroom has access to a small courtyard and ensuite bathroom. There is a large study alcove adjacent to the lounge and dining room making an ideal home office area. You will find built in robes to both bedrooms and the bathroom is combined with laundry facilities.

You are a short stroll from the Canberra Hospital so that you can leave the car in the carport saving on the cost of petrol. The vibrant Woden Town Centre with the many government offices, Westfield Woden shopping centre and recently completed Bradley Street restaurant precinct is also accessible by public transport on Ainsworth Street and if you cycle or like to take a short stroll, it is not far away too.

For the sports enthusiasts whether its participating or observing, the Phillip Oval is only metres away where AFL and cricket matches are played.

Car accommodation is provided by an allocated carport.

Currently leased unfurnished at $425 per week until 1 October 2023.

For investors, the location being so close to the hospital and minimal maintenance ticks all the boxes from an investment point of view.

The suburb is named after Arthur Phillip, the first Governor of New South Wales. Streets in Phillip use names associated with the First, Second and Third fleets.

Features:

Ground floor position
Only 12 apartments in the Unit Plan
Combined lounge and dining room with wall mounted reverse cycle air conditioner
Study alcove suitable to be used as a home office
Kitchen with electric cook top, oven, dishwasher and ample cupboard space
Main bedroom with access to small courtyard and ensuite bathroom
Built in robes to both bedrooms
Bathroom with corner spa bath with shower over, toilet and vanity
Laundry facilities included in the bathroom
Electric hot water service
NBN connectivity fibre to the node
A short stroll to the Canberra Hospital and public transport on Ainsworth Street
Easy access to the Woden Town Centre with its Westfield Woden shopping centre, Bradley Street restaurant precinct and government offices
Single allocated carport
Currently leased unfurnished at $425 per week until 1 October 2023

Statistics: (all measures/figures are approximate)

Block 8 Section 166
Land value $151,200
Block size 1,153 sqm (entire block)
Rates $580 per quarter
Body corporate levies: $964.61 per quarter
Land tax: $762.36 per quarter (if purchased as an investment property)
Living area:113 sqm
EER 5
Currently leased unfurnished at $425 per week until 1 October 2023

Property History for 7/85 Port Jackson Cct, Phillip, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$460,000
05 Jun 2023
Listed for Rent
$410/w
17 Sep 2018
  • 05 Jun 2023
    Sold for $460,000
  • 30 Mar 2023
    Listed for Sale $499,000
  • 20 Aug 2018
    Listed for Rent $410 / week
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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 4,554 properties. Over the last 5 years, Houses in Phillip have seen a 45.28% increase in median value, while Units have seen a 49.38% increase. As at 31 August 2024:

  • The median value for Houses in Phillip is $618,434 while the median value for Units is $487,998.
  • Houses have a median rent of $550 while Units have a median rent of $560.
There are currently 71 properties listed for sale, and 44 properties listed for rent in Phillip on OnTheHouse. According to CoreLogic's data, 199 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.