OFF MARKET

63 Mugga Way
Red Hill ACT 2603

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Floor area: 550m2
Land area: 2081m2
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Property Details for 63 Mugga Way, Red Hill

63 Mugga Way, Red Hill is a 5 bedroom, 5 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 2081m2 and floor size of 550m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
2023
Floor Size
550m2
Land Size
2081m2
Local Government
Canberra Central
Lot/Plan
RED HILL: Block 12, Section 17

Last Listing description (September 2020)

A very rare opportunity to secure a single level residence on a large 2081square metre block on Mugga Way; in arguably one of Canberra's most prestigious enclaves directly opposite Red Hill Nature Reserve. The residence and its location offer unrivalled potential providing a range of conveniences and a picturesque lifestyle. Literally a stone's throw from the Canberra Grammar School and various Embassies and a short walk to Manuka Shopping Village as well as some of Canberra's icons.

Beyond secure gates and established hedging a large circular drive and plenty of off-street parking is revealed while approaching the front door. The original 5-bedroom home is neatly presented and has its own character but also provides the perfect opportunity to rent out, renovate, extend or rebuild on an exceptional north facing parcel of land - and become a 'dream home'.

All rooms are of good proportion with sun streaming throughout all the living areas. Extra land is also available on the North side ready to build on and create something very special. There is also an additional bedroom cottage with bathroom and separate toilet which could be adapted to suit a variety of different uses.

Residents who live in this tranquil area enjoy the beauty of tree lined streets, the ease of walking up and around Red Hill as well as to a number of boutiques, cafes and restaurant in Manuka, Griffith and Kingston. A fabulous popular convenience is living close to the Canberra Grammar School, the Canberra Girls Grammar School as well as other highly regarded schools, and also nearby Parliamentary Triangle, Fyshwick, and Canberra CBD.

Features Include:
Prime position on the Golden Mile with opportunity to renovate or extend residence on a large 2081 sqm block, opposite Red Hill parkland
Northerly aspect
Five bright and light spacious bedrooms, including main bedroom with ensuite + a separate bedroom cottage with bathroom
Three spacious living areas
Original wood fireplace in lounge
Generous sized kitchen with stainless steel appliances
Ducted gas heating
Double garage
Courtyard
Superbly positioned central to Manuka, Griffith and Kingston various key private and reputable schools, Fyshwick Fruit Markets, the CBD, and main arterial roads.

Property History for 63 Mugga Way, Red Hill, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$3,935,000
28 Sep 2021
Listed for Rent
$1.25k/w
04 Nov 2012
  • 28 Sep 2021
    Sold for $3,935,000
  • 12 Sep 2020
    Sold for $3,150,000
  • 20 Aug 2020
    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 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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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.