8/150 Monaro CrescentRed Hill ACT 2603
Property Details for 8/150 Monaro Cres, Red Hill
8/150 Monaro Cres, Red Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 956m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (August 2021)
Located on Monaro Crescent, just a two-minute walk to the Red Hill Shops, Red Hill Primary, St Bede's Primary, a five-minute walk to Canberra Grammar School and Manuka also just moments away. 8/150 Monaro Crescent is a small complex of just 8 apartments in a quiet corner of Red Hill.
Nestled away behind the unassuming facade lies a top floor property that is nothing short of stunning. From the moment you step inside you are drenched in natural light which floods the property due to its northerly aspect, windows in every room and the panoramic views across the Inner South and beyond to Parliament House. Meticulously renovated throughout and is truly move in ready.
This property will appeal to investors with great returns on offer or would be a fantastic place to own and live in.
Features:
79m2 internal plus 7m2 of balcony Double glazed windows Under floor heating to bathroom/ European laundry Heatedtowel rails Custom joinery in living, kitchen and bathroom Stone benchtops ADSL2 to the apartment Two spacious bedrooms with built in robes Rewired throughout, safety switches to whole apartment Downlighting throughout Reverse cycle A/C Figure summary (all approx.):
Body corporate: $1013p.q General rates: $670p.q Water & sewerage: $166p.q Land tax: $959p.q Built in 2002
Property History for 8/150 Monaro Cres, Red Hill, ACT 2603
- 12 Aug 2021Sold for $621,000
- 05 Aug 2021Listed for Sale SOLD - $621,000
- 22 Jun 2016Sold for $380,000
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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.
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