OFF MARKET

3/39 Coranderrk Street
Reid ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 86m2
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Property Details for 3/39 Coranderrk St, Reid

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.

Building Type
Unit
Year Built
1994
Floor Size
86m2
Local Government
Canberra Central

Last Listing description (June 2016)

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.

Solid timber flooring is a feature of the apartment and creates a sense of space and light to the lounge/dining and living rooms. Doors opening to both balconies provide additional space for entertaining family and friends and relaxation.
There is good separation of the bedrooms and the main has an ensuite bathroom; both open to the private, covered front or rear balconies. A well appointed kitchen with pantry, Bosch cook top and oven and AEG dishwasher adjoins the living rooms.
LED lighting is a bonus and three split systems and energy efficient block out blinds, screens and awnings ensure year round comfort. Crimsafe has been fitted to the balcony doors. There are two secure car parks, storage and bike racks in the basement. Monterey residents appreciate and make frequent use of the developments' swimming pool and tennis court.
There is always an apartment for sale in the Monterey Development, however this one is special and unlikely to last long. Don't be disappointed - be among the first to inspect.
General Rates: $1,204.60 pa
Land Tax: $1,379.48 pa
Water & Sewerage Supply: $692.pa
Body corporate Levies $3,920.96 pa
Potential Rental: $450 - $475 pw

Property History for 3/39 Coranderrk St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 07 Apr 2016
    Listed for Sale Offers over $435,000

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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.