OFF MARKET

17/3 Allambee Street
Reid ACT 2612

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 5278m2
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Property Details for 17/3 Allambee St, Reid

17/3 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 5278m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1980
Floor Size
75m2
Land Size
5278m2
Local Government
Canberra Central
Lot/Plan
REID: Block 2, Section 8, Unit 17

Last Listing description (July 2020)

This 75m2, single level, ground floor apartment is positioned within easy walking distance of the Canberra Centre, Glebe Park and the ever popular Braddon shopping and dining Precinct.

Living in No 17 and overlooking the complex's lush central gardens it is difficult to believe the bustle of the City with its department stores and boutiques, the Dendy cinema and its various dining and recreational options is just a block away.


The Paddington Style character and charm of the apartment is enhanced by Spotted Oak timber flooring. Living spaces overlook the front verandah and the manicured gardens, and adjoin the well appointed kitchen with stone bench tops, good storage and work space.

Bedrooms are positioned to the rear; both have BIR's and access to the walled courtyard, a cool sheltered space, perfect for sitting out and relaxing on a hot summer's day. The modern tiled bathroom and laundry are separate ,unlike those in many modern developments, and the bathroom features a bath, separate shower recess, vanity and separate WC.

Electric heating is included and there is direct access from the courtyard to the single garage with auto door.

Government Charges:

General Rates: $1,329.67 pa
Land Tax: $1,404.71 pa - payable if leased
Water& Sewerage supply: $667.28 pa

Body Corporate Levies: $4,587.88 pa

Potential Rental: $440 pw - $460 pw

Property History for 17/3 Allambee St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$500,000
27 Jul 2020
Listed for Rent
$410/w
14 Mar 2017
  • 27 Jul 2020
    Sold for $500,000
  • 28 May 2020
    Listed for Sale By Negotiation
  • 06 Mar 2018
    Sold for $465,000
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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 1,510 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.