SOLD
Sold on 22 Mar 2024 for $460,000

420/83 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 420/83 Cooyong St, Reid

420/83 Cooyong St, Reid is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Reid in the last 12 months.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
REID: Block 3, Section 7, Unit 384

Last Listing description (March 2024)

Discover the epitome of urban living with this modern, one-bedroom, one-bathroom apartment located in the heart of Reid, ACT. This residence offers an exceptional opportunity for those seeking a lifestyle of convenience and sophistication in a prime city location.<br><br>Completed in 2021, the 'Metropol' complex boasts a range of remarkable facilities, including extensive BBQ areas that offer views of Mount Ainslie, a dedicated area for children's play, rooftop gardens, and private dining and kitchen spaces ideal for entertaining guests. Additionally, it features two outdoor swimming pools.<br><br>The apartment itself is a testament to modern design and comfort. The spacious and well-lit living area provides a warm and welcoming atmosphere, perfect for relaxation or entertaining guests. The expansive windows provide not just stunning views of Glebe Park, but also allow an abundance of natural light to flood in. The adjoining kitchen is equipped with contemporary appliances and ample storage, making it a delight for both the casual cook and the culinary enthusiast.<br><br>The bedroom is a serene retreat, featuring generous space and designed to ensure a restful night's sleep. The accompanying bathroom is well-appointed with modern fixtures and fittings, reflecting the overall quality and style of the apartment.<br><br>This apartment is not just a home; it's a lifestyle choice offering comfort, convenience, and a touch of luxury in the heart of the city. Don't miss this opportunity to own a piece of Reid, a location that continues to grow in popularity and prestige.<br><br>Property features:<br>1 bedroom, 1 bathroom, and 1 parking space<br>Situated on the fourth floor in the 'Metropol'<br>Expansive open-plan living area<br>Bedroom features a walk-through closet and balcony access<br>Main bathroom accessible from two sides<br>Double-glazed windows offering views of Glebe Park<br>SMEG appliances and an induction cooktop<br>Contemporary bathroom with premium finishes and floor-to-ceiling tiling<br>Split system air conditioning<br>Prime location, just steps from the Canberra Centre<br>Secure parking in an underground garage<br>Rooftop entertainment spaces linking the three buildings<br>Infinity edge pool and a playground for children<br>Energy-efficient LED lighting installed throughout<br><br>Key stats:<br>Strata levy $625.70 per quarter<br>Rates: $2,251.56 per annual<br>Land tax (investor only): $1,077 per annual<br>Internal: 55 sqm<br>External: 8 sqm

Property History for 420/83 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$460,000
22 Mar 2024
Listed for Rent
$510/w
02 Feb 2023
  • 22 Mar 2024
    Sold for $460,000
  • 19 Jan 2024
    Listed for Sale Not Disclosed
  • 21 Sep 2018
    Sold for $448,900

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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 1,508 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 12 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.

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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.