OFF MARKET

8A/12 Albermarle Place
Phillip ACT 2606

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 8a/12 Albermarle Pl, Phillip

8a/12 Albermarle Pl, Phillip is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994.

Building Type
Unit
Year Built
1994
Local Government
Woden Valley

Last Listing description (April 2018)

Option of purchasing with some furniture. Arguably one of the most outstanding examples of a top floor Central Park one bedroom apartment you will set eyes on in a long time. Seeing is believing.Now downsizing once more, the owner is offering their professionally and sensitively refurbished and elegantly styled 'Avalon Court' home, with walk-in-walk-out option of quality upmarket furniture, decorator items and equipment.Buyers from interstate or overseas, you need only unpack your bags and walk to work.Located a short stroll across the road to the Canberra Hospital, this is a rare opportunity to secure an attractive residence or lucrative short-term rental property in the popular Central Park location, coveted by medical and health professionals.
A quiet private haven with all the charm and character of a more generous era, offering approximately 63 Sqm of living area including the covered balcony, overlooking the leafy park beyond.
Astute investors will appreciate the potential for good yields from an established desirably located investment unit with lower outgoings and strata fees.Current rental return for a basically furnished one bedroom apartment in Central Park on a standard lease is up to $370 per week. The magic of this apartment will guarantee returns above this on selected short-term-rental sites.Properties like these are snapped up, especially in this location. FEATURES-Stylishly renovated, and styled one bedroom top floor Avalon Court unit-Delightful light bright kitchen with Caesarstone benchtops-Westinghouse stainless steel electric cooktop, under bench oven, Franke range hood-Fully restored bathroom and combined laundry, electric 120L water tank-Regency Shower screen and floor to ceiling tiles-Neutral toned carpets and heavy drapes-CrimSafe security front and balcony doors, modern solid core glass panel entry-Mitsubishi Heavy Duty Reverse Cycle heating and cooling-Ceiling fans in living area and bedroom, electric wall heater-Tiled balcony, private leafy outlook-Recently repaintedDETAILSIndependent B/C UP 1228 Body Corporate Levy: $412.99 p/q (includes water)Rates: $1,739.34 p/aLand Tax: $1,510 p/aWater Supply Charge: $640.55 p/aLiving Area: 55m2 (approx.)Balcony: 8m2 (approx.)Total Floor Area: 63m2 (approx.)Carport: 17m2 plus storage cupboardEER 6

Property History for 8a/12 Albermarle Pl, Phillip, ACT 2606

A timeline of how this property has performed in the market
Listed for Rent
$360/w
08 Jan 2018
  • 07 Feb 2018
    Listed for Sale $300,000
  • 08 Jan 2018
    Listed for Rent $360 / week
  • 05 Sep 2017
    Listed for Sale $300,000

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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 4,505 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 66 properties listed for sale, and 19 properties listed for rent in Phillip on OnTheHouse. According to CoreLogic's data, 201 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.