2 Mugga Way, Red Hill is a 6 bedroom, 6 bathroom House with 2 parking spaces and was built in 1979. The property has a land size of 2805m2 and floor size of 980m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Mugga Way is recognised as one of Canberra's finest addresses and this magnificent residence stands out as a substantial quality-built home and to a size and scale extremely rare for this vintage. Exuding luxury, opulence and sophistication, it has been preserved sympathetically to the highest standard of its era.
This grand residence does not disappoint, in fact, it sets the bar at a dizzying height for the homes that follow along the 'Golden Mile'. This unique home can never be replicated. It captures the essence of mid-late 20th century architecture and the original builder's attention to detail has realised a home that is as relevant today as it was when it was built 40 years ago.
Upon entry you are received through oversized double timber doors, into a soaring glass walkway topped by a crown of solid oregon beams. Adjacent is a central easily accessible courtyard that wraps around a stunning, sparkling swimming pool.
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:
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