OFF MARKET

1 Borrowdale Street
Red Hill ACT 2603

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 274m2
Land area: 986m2
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Property Details for 1 Borrowdale St, Red Hill

1 Borrowdale St, Red Hill is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1963. The property has a land size of 986m2 and floor size of 274m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1963
Floor Size
274m2
Land Size
986m2
Local Government
Canberra Central
Lot/Plan
RED HILL: Block 19, Section 29

Last Listing description (March 2023)

At just over 300 square metres this is a substantial and beautifully presented two storey home, with swimming pool and expansive gardens, designed for maximum amenity. Amongst its many attributes this home features separate living and dining areas and north facing garden alfresco area. Bedrooms located on the upper level provide privacy and separation further enhancing the property's liveability.

The house has been designed to take full advantage of its corner position and the 985 square meter block is endowed with established and relatively low maintenance gardens. Of particular note is the sparkling in-ground swimming pool located for privacy but also to optimise available sunlight. It adds an additional calm mood to the already serene garden area.

The internal areas are very well laid out. This serves to create distinction, almost like separate wings, between each living area and again between the spaces dedicated to bedroom and bathroom areas. It is likely that all but those with an inviolable agenda to renovate completely will be very happy to move into this home as it is, without any works being required. It has been lovingly kept, tastefully modernised and possesses a welcoming ambience.

A large corner block situated in this already sought after and rapidly gentrifying precinct on the high side of La Perouse Street and particularly well located to the local shops, schools and cafe precincts.

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Property History for 1 Borrowdale St, Red Hill, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$2,600,000
21 Oct 2023
Listed for Rent
$1.50k/w
17 Mar 2023
  • 21 Oct 2023
    Sold for $2,600,000
  • 09 Oct 2023
    Transferred
  • 30 Nov 2022
    Listed for Rent $1,500 / week
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About Red Hill 2603

The size of Red Hill is approximately 4.9 square kilometres. It has 18 parks covering nearly 50.4% of total area. The population of Red Hill in 2011 was 3,248 people. By 2016 the population was 3,174 showing a population decline of 2.3% in the area during that time. The predominant age group in Red Hill is 10-19 years. Households in Red Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 63% of the homes in Red Hill were owner-occupied compared with 65.4% in 2016.

Red Hill has 1,618 properties. Over the last 5 years, Houses in Red Hill have seen a 43.72% increase in median value, while Units have seen a 64.06% increase. As at 31 October 2024:

  • The median value for Houses in Red Hill is $2,007,485 while the median value for Units is $821,518.
  • Houses have a median rent of $950 while Units have a median rent of $650.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Red hill.

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