SOLD
Sold on 13 Sep 2024 for $400,000

98/7 Irving Street
Phillip ACT 2606

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 7061m2
Sold By
Area Specialist ACT
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Property Details for 98/7 Irving St, Phillip

Building Type
Commercial
Year Built
2017
Floor Size
58m2
Land Size
7061m2
Local Government
Woden Valley
Lot/Plan
PHILLIP: Block 1, Section 22, Unit 98

Last Listing description (October 2024)

Its Addressed:

Nestled within the highly sought-after Trilogy development, 98/7 Irving St in Phillip presents a rare opportunity for first home buyers and investors to secure a contemporary, north-facing one-bedroom apartment in the bustling heart of Canberras vibrant southside.

The open plan kitchen and living area, featuring stone benchtops and premium appliances, is the heart of the home, bathing in constant natural light due to its northerly aspect. The full-sized bathroom doesnt skimp on quality, with fixtures and fittings that exude modern elegance, while the comfortably sized bedroom is complete with a built-in robe, ensuring a tranquil retreat.

Practicality is not overlooked, with a European laundry, ample storage, and split system heating and cooling to the living area, creating a comfortable environment year-round. The apartment also includes NBN connected via FTTP for seamless connectivity.

Outside, the north facing balcony presents uninterrupted views over the picturesque pool area, perfect for quiet reflection or entertaining guests. Residents can also enjoy the fully equipped gym, resort-style pool, and BBQ facilities for an enviable lifestyle of leisure and convenience.

Parking is a breeze with your own space in the secure undercover basement. Just a stone's throw from local shops, eateries, and cafes, everything you need is within walking distance.

Year built: 2017
Living size: 58m2
Balcony size: 12m2
Body corp $801 per qtr

Rates $376 per qtr

Land tax $440.26 per qtr

Rented on a month by month basis at $500 per week

* Located within Trilogy development
* Rare opportunity for first home buyers and investors
* North-facing one-bedroom apartment
* Open plan kitchen and living area with stone benchtops and premium appliances
* Full-sized bathroom with modern fixtures
* Comfortably sized bedroom with built-in robe
* European laundry and ample storage
* Split system heating and cooling
* NBN connected via FTTP
* North facing balcony with views over pool area
* Fully equipped gym, resort-style pool, and BBQ facilities
* Secure undercover basement parking
* Close to local shops, eateries, and cafes.

Property History for 98/7 Irving St, Phillip, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$400,000
13 Sep 2024
Listed for Rent
$510/w
20 Jul 2022
  • 13 Sep 2024
    Sold for $400,000
  • 18 Jun 2024
    Listed for Sale $385,000 - $405,000
  • 16 Jun 2022
    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 4,498 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 62 properties listed for sale, and 16 properties listed for rent in Phillip on OnTheHouse. According to CoreLogic's data, 204 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.