15 Borrowdale StreetRed Hill ACT 2603
Property Details for 15 Borrowdale St, Red Hill
15 Borrowdale St, Red Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 1049m2 and floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (May 2023)
A tastefully modernised, substantial home over two levels situated in an elevated position on a quiet, cul de sac street. The location is prime by any standard putting the resident within easy striking distance of the best schools, recreation and dining precincts the Inner South has to offer. A significant renovation completed but a few years ago has transformed the existing ample internal spaces to a new level of comfort and aesthetic. A pool is not a pool. To have the opportunity to swim proper laps a few metres from your kitchen as an entree to a busy day must be a rare amenity. There is also a potential medium to long term commercial play here. Being situated on 1049 square meters of RZ2 zoned land positions the new owner perfectly well to re-develop the site, subject to approval, to more than one dwelling and in this case that may be as many as 3 new dwellings. Most would agree that having options is good thing and this property offers several.
Key features and inclusions:
Property History for 15 Borrowdale St, Red Hill, ACT 2603
- 19 May 2023Sold for $2,500,000
- 05 Feb 2023Listed for Sale SOLD - $2,500,000
- 16 Apr 2020Listed for Rent - Price not available
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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.
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