SOLD
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Sold on 02 Nov 2024 for $2,050,000

2/106 Mugga Way
Red Hill ACT 2603

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 2/106 Mugga Way, Red Hill

2/106 Mugga Way, Red Hill is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom Townhouse sold in Red Hill in the last 12 months.

Building Type
Townhouse
Local Government
Canberra Central
Lot/Plan
RED HILL: Block 13, Section 57, Unit 2

Last Listing description (November 2024)

Impressively positioned on one of Canberra's exclusive residential streets, 2/106 Mugga Way is a luxurious town residence, set well back from the road, offering occupants a peaceful retreat with an elevated outlook and glorious sunshine.

Private, quiet and surrounded by beautifully kept gardens, this bright and spacious property backs the Red Hill nature reserve.

A generous 190m2 (apx) of living area includes a striking main lounge room with raked ceilings, opening onto a private travertine terrace. The formal dining area and updated kitchen with casual meals space offer excellent entertaining options.

4 ultra spacious bedrooms (or 3 plus study) consist of a North-East facing, segregated main suite with ensuite and dressing room. 3 large supplementary bedrooms (2 with BIR) share the very presentable main bathroom.

Offering internal entry is a large double garage with storage, and is serviced by a 2-person lift (200kg capacity) giving exceptional convenience.

Also features bright interiors, large windows, new wool carpet, ducted reverse-cycle air-conditioning and Crimsafe security, all presented in excellent condition – just move in!

Boutique complex of just 5 residences with generous separation between villas ensures ample privacy and seclusion. There is direct access from the rear of the property to the walking trails through Red Hill reserve providing the perfect escape to relax and unwind.

A rare offering.

Key features include:
Elevated position backing reserve
Ideal North-Eastern orientation
Brick construction, raked ceilings, large windows
Sliding door/terrace access from living room, meals area and Bed 2
Oversized double garage with storage
Visitor car parking
Stunning established gardens including dogwood, crab apple, azaleas and privacy hedging
Lawn areas maintained by body corporate gardener

Rates $2804/qtr apx
Body Corporate $1765/qtr apx

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Property History for 2/106 Mugga Way, Red Hill, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$2,050,000
02 Nov 2024
  • 02 Nov 2024
    Sold for $2,050,000
  • 10 Oct 2024
    Listed for Sale Auction

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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 23 properties listed for sale, and 5 properties listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Red hill.

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Andrew Chamberlain
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