OFF MARKET

42 Allambee Street
Reid ACT 2612

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 164m2
Land area: 1003m2
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Property Details for 42 Allambee St, Reid

42 Allambee St, Reid is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1003m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Year Built
1960
Floor Size
164m2
Land Size
1003m2
Local Government
Canberra Central
Lot/Plan
REID: Block 5, Section 18

Last Listing description (November 2022)

**Open homes are back so please register your interest at the base of this page by ticking inspection times and filling in your details. Alternatively you can visit https://app.snug.com/apply/archercanberra. It is extremely important you register your details to receive updates including cancellations or changes in the open times.**

Located within an easy stroll to the city, Lake Burley Griffin and Mt Ainslie, this property is set in a highly sought after pocket and offers an exceptional opportunity to embrace an inner city lifestyle.


Features include large formal lounge room, high ceilings, timber floors, four bedrooms, single garage plus glorious north aspect light streaming through the established gardens.

Ideally suited for students/share housing with each bedroom set up with a bed, desk and robe and very close to ANU.


Bond and Rent:
A bond equal to four weeks rent will be required before the commencement of the lease. Here at Archer Canberra, we accept rent weekly, fortnightly or monthly and our preferred payment method is direct debit.

When can I see the property?
Saturday exhibition times will be advertised by close of business each Wednesday. Should the open time not suit, please call our dedicated leasing department to arrange a personal inspection.
Please note - if the property isn't advertised as 'Available Now' this means that the property is currently tenanted, making Saturday viewings all that we will have available until after this date.

Interested in applying for this property?
After you register or view the property, you'll receive a link from our leasing system snug.com/apply/archercanberra

Disclaimer:
Whilst care has been taken in gathering details for properties for lease, we accept no responsibility for any inaccuracies herein. All applicants should rely on their own research to confirm any information provided

Useful Information
- 12 month lease is the standard lease term - anything longer or shorter will be advertised or considered upon application.
- If the rent price has a range, EG: $350 - $400 per week, this means that the owner is willing to consider offers between the two price ranges.
- It is policy to either view the property, or have someone view the property on your behalf before your application can be accepted.
Pets will be considered upon application only

Property History for 42 Allambee St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$975,000
06 Oct 2016
Listed for Rent
$820/w
31 Oct 2022
  • 24 Oct 2022
    Listed for Rent $820 / week
  • 16 Dec 2019
    Listed for Rent $780 / week
  • 06 Oct 2016
    Sold for $975,000
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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.