OFF MARKET

40 Booroondara Street
Reid ACT 2612

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 140m2
Land area: 670m2
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Property Details for 40 Booroondara St, Reid

40 Booroondara St, Reid is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 670m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Floor Size
140m2
Land Size
670m2
Local Government
Canberra Central
Lot/Plan
REID: Block 22, Section 24

Last Listing description (May 2024)

Auction Location: LJ Hooker Auctions HQ

Built in the late 1920s, this duplex is full of detail and craftsmanship; then, it sat on a dusty street and was part of Canberra's infancy. Now Booroondara Street is one that draws you in with its stunning boulevard of huge oak trees, adding to the wonderful charm and appeal of its very central location.

The property, purchased by the current owner in 1991, was to be a much-loved home. One that was extended to create a larger kitchen and living space with full height French doors leading out to the generous rear yard. This design also allows the gorgeous morning sun to flood in. All improvements at the time enhancing the day to day living and activities of the family.

There is plenty of scope to improve or extend further and create your perfect home, or you could simply move in and enjoy this wonderful location and very tight community around you. The double brick construction allows the home to stay cool in the Summer and retain heat in the winter. The brick garage would also make an amazing studio conversion.
The location will spoil you, with the ability to wander easily into the City for shopping, dining, theatre or just a quick coffee with friends. You may also like the gentle stroll or bike ride to make the most of our beautiful Lake Burley Griffin and everything happening in that location these days.

Property Features;
- Segregated living spaces downstairs
- Gas fireplace to the front sitting room
- Heritage features include Sash windows, Lead light windows to the front faade, picture rails, high ceilings & beautiful internal doors
- All bedrooms upstairs enjoy a lovely treed outlook
- Top front bedroom is easily reinstated with a short wall & door installation
- Bedroom 4/ office on lower level with easy access to full bathroom
- The solid brick garage would make a nice conversion to a studio or home work space
- Heating is a combination of the gas fireplace along with electric heating & ceiling fans
- Walk to Glebe Park, the City center or Lake Burley Griffin
- There is a well established tennis club in Reid
- Land size; 671sqm
- Living; approx.; 140sqm
- UV; 22/23 $1,212,000
- Rates; $1,465.00 per quarter
- Land Tax; $2,430.00 per quarter IF RENTED

Property History for 40 Booroondara St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$1,525,000
08 Nov 2023
  • 08 Nov 2023
    Sold for $1,525,000
  • 11 Oct 2023
    Listed for Sale Auction
  • 16 May 1991
    Sold for $176,000

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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 1,524 properties. Over the last 5 years, Houses in Reid have seen a 48.34% increase in median value, while Units have seen a 18.39% increase. As at 30 November 2024:

  • The median value for Houses in Reid is $2,228,994 while the median value for Units is $512,163.
  • Houses have a median rent of $600 while Units have a median rent of $590.
There are currently 10 properties listed for sale, and 8 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.