OFF MARKET

Discovery Street
Red Hill ACT 2603

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Property Details for 45/165 Discovery St, Red Hill

45/165 Discovery St, Red Hill is a 3 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (June 2023)

Ground Floor Apartment in "The Parks" Residences ready for completion second half of 2023!

Unit 45 of The Parks Residences at Red Hill, developed by DOMA and built by BLOC. The faade and style of the development is unique for the Canberra region, offering a high level of finish and quality. Positioned within one of the most sought after suburbs, Red Hill is a Blue Ribbon location for more reasons than one. Walk to cafes, the Red Hill shops or take a short drive to Manuka Village, Deakin shops or onto main roads making commutes a breeze.

Within a peaceful stroll along established tree lined streets and paths, Red Hill offers excellent walking tracks and mountain bike trails, making the suburb a perfect fit for young families. Nearby schools include Canberra Grammar & Canberra Girls Grammar.

This well-appointed three-bedroom, two-bathroom, ground floor apartment, features a spacious 103sqm* courtyard with external access, that faces onto landscaped parklands surrounding the building.

FEATURES:

New construction, ready in Q3-4 2023
Allocated two car spaces, in a secure basement, accessed via a lift
Engineered floorboards to kitchen/living/dining and wool carpet in bedrooms
Bathtub in main bedroom ensuite
2.7m ceiling heights
LED recessed lighting
NBN
Double glazed windows
Stone bench top and splashback
Parisi bathroom fixtures and tapware
'Light' colour scheme throughout
Extra power outlet in the kitchen, additional to standard specifications
Miele 76lt pyrolytic oven
Miele 90cm induction cooktop
Miele externally ducted range hood
Miele integrated dishwasher
Miele Microwave Oven
TV outlets & additional power outlets in all bedrooms, not featured in the standard specifications
Data outlet in bedroom 3, not featured in the standard specifications
Electric hot water
Reverse cycle air conditioners
Internally living 115sqm*
Ground level 103sqm* courtyard with external access
Adjacent to Red Hill shops, with cafe and grocery amenities
Placed within 'The Parks' precinct with six parks set amid boutique residences.
Strata: $3,558pa*

*approx.

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Property History for 45/165 Discovery St, Red Hill, ACT 2603

A timeline of how this property has performed in the market
  • 27 Apr 2023
    Listed for Sale $995,000+

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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, 59 properties were sold in the past 12 months in Red hill.

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