OFF MARKET

7/150 Monaro Crescent
Red Hill ACT 2603

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 956m2
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Property Details for 7/150 Monaro Cres, Red Hill

7/150 Monaro Cres, Red Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 956m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in May 2014.

Building Type
Unit
Year Built
1975
Floor Size
64m2
Land Size
956m2
Local Government
Canberra Central
Lot/Plan
RED HILL: Block 13, Section 11, Unit 7

Last Listing description (April 2022)

Vacant and ready to move into - and hard to find in Red Hill, this excellent two-bedroom ground level apartment is perfect for an investor, live-in owner or someone looking to downsize.

Situated in this small boutique development with just 8 apartments this property offers; north facing living space providing plenty of sun, large stylish open plan living and kitchen area ideal for modern living, the two large bedrooms are perfect for singles or couples, reverse cycle air conditioning and beautiful timber floors plus a single carport.

Located just around the corner from the Red Hill shops, Red Hill primary school and only minutes from Manuka, Kingston and cafes and restaurants at the Kingston Foreshore this property will be great buying in today's market.

Note: The property is vacant - as an investment the current rental return estimate is $420-$440 per week.

Features include:
- North facing living
- Two bedrooms
- Timber floors
- Reverse cycle air conditioning
- Covered single carport

Living space; 64sqm
Carport: 14sqm
EER: 5
Strata fees: $897 PQ
Rates: $591 PQ
Land tax: $767 PQ (If applicable)
Built in 2002
Call Chris Churchill on 0417 080 460 for more information.

Please note open homes have certain COVID-19 safety measures in place. Due to occupancy and social distancing requirements, there may be slight delays in entering the property and we thank you in advance for your patience. Check-in is mandatory.

Property History for 7/150 Monaro Cres, Red Hill, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$312,000
30 May 2014
Listed for Rent
$375/w
21 Feb 2020
  • 04 Nov 2021
    Listed for Sale $480,000 - $510,000
  • 09 Jan 2020
    Listed for Rent $370 / week
  • 24 Dec 2015
    Listed for Rent $300 / week
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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.

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.