OFF MARKET

24 Booroondara Street
Reid ACT 2612

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 1060m2
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Property Details for 24 Booroondara St, Reid

24 Booroondara St, Reid is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1060m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
House
Land Size
1060m2
Local Government
Canberra Central
Lot/Plan
REID: Block 21, Section 35

Last Listing description (April 2017)

A very rare and unique opportunity indeed. Well they say location reins supreme in real estate, being offered to the market for first time in over 50 years (2nd time in history) shows how tightly held this location is. The position in one of Reid's beautiful mature tree lined streets on a flat 1,060sqm parcel of land presents the ideal blank canvas to craft your new home. The double brick cottage provides an opportunity to live in whilst renovating. Featuring a sun drenched lounge area with fireplace and large eat in kitchen with adjacent laundry. Accommodation is provided by two generous bedrooms both with new carpet. The cottage is positioned at the front of the block which provides potential to extend, so take advantage of the North aspect to the rear and design your lifestyle. The rear yard is completely clear from any large trees or obstacles leaving an abundance of land to work with. Within a short walk to Canberra City, Braddon precinct, Lake Burley Griffin, local schools and the upcoming light rail.
Flat 1,060sqm block (no trees)
Mature tree lined street

First time offered in over 50 years
North to rear (very rare in Reid - only a couple of streets)
Potential to extend, renovate or just live in as is
Double brick construction
Electric wall heating
Lounge area with fireplace and sash windows
Two generous bedrooms
New carpet / blinds throughout
Freshly painted in and outside
Walk to Canberra City Centre
Potential aplenty

Property History for 24 Booroondara St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$1,390,000
08 Apr 2017
  • 08 Apr 2017
    Sold for $1,390,000
  • 16 Mar 2017
    Listed for Sale Auction on site 9:30am Saturday 8th April
  • 07 Jun 2016
    Transferred
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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.