OFF MARKET

5/16 Discovery Street
Red Hill ACT 2603

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 1562m2
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Property Details for 5/16 Discovery St, Red Hill

5/16 Discovery St, Red Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1562m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2014.

Building Type
Unit
Year Built
2001
Floor Size
52m2
Land Size
1562m2
Local Government
Canberra Central
Lot/Plan
RED HILL: Block 16, Section 41, Unit 5

Last Listing description (September 2022)

***UNDER OFFER***Set in a prime Inner South location is this delightful two-bedroom unit which is well-presented throughout. Quality fittings are a feature of both the bathroom and kitchen. There is also a single undercover car parking, plus storage. Within strolling distance to the Red Hill shops, local schools, and only minutes to the Parliamentary Triangle, and thriving Manuka and Kingston restaurant precincts the location is ideal!
Features include:
- Reverse cycle air conditioning

- Parquetry-look timber flooring to living area and hallway
- Carpeted bedrooms, both with built-in robes
- Kitchen with electric cooking, and dishwasher
- Bathroom
- Courtyard
- Single car space with storage
- Ground level, with street access
Property Available: 7 October 2022

EER: Last Known EER is Unknown

Pet Policy:
The tenant will be required to seek consent to keep a pet.

Viewing policy:
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Rental Requirements:
Rent is due on a fortnightly basis in advance. Bond equivalent to four weeks rent is payable when signing the tenancy agreement.

Disclaimer:
Whilst we take all due care in gathering details regarding our properties either for sale or lease, we accept no responsibility for any inaccuracies herein. All parties/applicants should rely on their own research to confirm any information provided.

Property History for 5/16 Discovery St, Red Hill, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$340,000
30 Jun 2014
Listed for Rent
$430/w
27 Sep 2022
  • 08 Sep 2022
    Listed for Rent $430 / week
  • 03 Dec 2019
    Listed for Rent $450 / week
  • 05 Jun 2019
    Listed 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 1,628 properties. Over the last 5 years, Houses in Red Hill have seen a 21.85% increase in median value, while Units have seen a 60.78% increase. As at 31 January 2025:

  • The median value for Houses in Red Hill is $2,072,855 while the median value for Units is $755,859.
  • Houses have a median rent of $1,000 while Units have a median rent of $700.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Red hill.

Suburb Insights for Red Hill 2603

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.