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.
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
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:
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