3/39 Coranderrk St, Reid is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1994. The property has a floor size of 86m2.
Positioned on the podium level of the Monterey development this single level, energy efficient and secure apartment has so much more to offer. The location could not be more convenient, just metres from Glebe Park and the Canberra Centre with its various shopping, dining and entertainment options. The ANU, the Canberra Theatre, Braddon's hip Mort and Lonsdale Streets and the walking and cycling opportunities available on Mount Ainslie and around the Lake are close by.
Internal design, the high level of presentation, the security and the unexpected privacy of the apartment's position within the complex will have particular appeal for the owner occupier.
Investors are certain to be attracted by the floor plan's suitability for a shared tenancy and the apartment's appeal for quality tenants.
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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