OFF MARKET

12/3 Allambee Street
Reid ACT 2612

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 5277m2
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Property Details for 12/3 Allambee St, Reid

12/3 Allambee St, Reid is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 5277m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1980
Floor Size
90m2
Land Size
5277m2
Local Government
Canberra Central
Lot/Plan
REID: Block 2, Section 8, Unit 12

Last Listing description (August 2016)

A comparable apartment in this early stage of the Argyle Square development was offered for sale mid 2015 and was sold with just eleven days of marketing. No 12 is a must for an inspection by owner occupiers and investors alike. Positioned on the first floor and offering around 90m2 of living space the apartment is located within easy walking distance of the hip shopping and dining precinct of Lonsdale and Mort Streets and the best the City has to offer.
The apartment overlooks the development's leafy private garden and has generous living and dining areas opening to the full length balcony - a lovely place to sit out and relax with a book or share a casual meal with family and friends. The kitchen is equipped with modern,electrical appliances including a dishwasher and a practical pull out pantry; the separate laundry, complete with dryer, will be seen as a bonus by many.
Bedrooms have either a walk- in or built-in robe and open to the rear balcony.

A single garage, with storage area to the rear, is located to the left of the secure building entrance.
General Rates: $1,446.56 pa
Land Tax: $1,784.36 payable if leased
Water & Sewerage Supply: $692 pa
Body Corporate Levies: $4,512.32 pa
Potential Rental: $420 - $440 pw

Property History for 12/3 Allambee St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$457,500
26 Aug 2016
  • 26 Aug 2016
    Sold for $457,500
  • 26 May 2016
    Listed for Sale $468,000
  • 05 Nov 2003
    Sold for $336,500
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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 1,510 properties. Over the last 5 years, Houses in Reid have seen a 41.13% increase in median value, while Units have seen a 39.34% increase. As at 31 October 2024:

  • The median value for Houses in Reid is $2,208,920 while the median value for Units is $524,617.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Reid.

Suburb Insights for Reid 2612

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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.