OFF MARKET

111/2 Cooyong Street
Reid ACT 2612

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 16 Sep 2024
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Property Details for 111/2 Cooyong St, Reid

111/2 Cooyong St, Reid is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (February 2021)

An outstanding opportunity to secure a fabulous apartment located on the 1st floor of the landmark complex "Metropol". Created with your quality of life in mind and the lifestyle that comes along with it. With an intelligent floor plan that makes the most of every square inch, this is an apartment designed for functional living. You'll also have access to astounding amenities and exclusive services that you won't believe.

Colour Scheme: Oxygen
The elegant soft tones of Oxygen offer a crisp and contemporary charm. Perfectly balanced with contrasting neutral grey matte stone counter tops and kitchen backsplash

Development features:
-Construction has begun Completion due June 2021
-Private Spa and Relaxation Room
-Shared Chef's Kitchen
-Private function spaces

Unit Features:
-1st Floor
-64sqm of living
-8 sqm balcony
-Double glazed windows
-Reverse Cycle split systems
-Fisher & Paykel Vented Dryer
- Smeg appliances
-Undermount sink
-Recessed lighting
-Feature light in kitchen
EER: 6.4

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Property History for 111/2 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 05 Nov 2020
    Listed for Sale $459,000+

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About Reid 2612

The size of Reid is approximately 1 square kilometres. It has 7 parks covering nearly 16.5% of total area. The population of Reid in 2011 was 1,582 people. By 2016 the population was 1,645 showing a population growth of 4.0% in the area during that time. The predominant age group in Reid is 20-29 years. Households in Reid are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Reid work in a professional occupation. In 2011, 41% of the homes in Reid were owner-occupied compared with 38.2% in 2016.

Reid has 1,517 properties. Over the last 5 years, Houses in Reid have seen a 36.85% increase in median value, while Units have seen a 30.94% increase. As at 31 August 2024:

  • The median value for Houses in Reid is $2,207,457 while the median value for Units is $522,387.
  • Houses have a median rent of $610 while Units have a median rent of $585.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Reid.

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