SOLD
Sold on 03 Apr 2024 for $705,000

44/1 Allambee Street
Reid ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
Land area: 5906m2
Sold By
Belle Property Canberra (NSW)
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Property Details for 44/1 Allambee St, Reid

44/1 Allambee St, Reid is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 5906m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Reid in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
117m2
Land Size
5906m2
Local Government
Canberra Central
Lot/Plan
REID: Block 4, Section 8, Unit 2

Property History for 44/1 Allambee St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$705,000
03 Apr 2024
  • 03 Apr 2024
    Sold for $705,000
  • 22 Nov 2011
    Sold for $555,000
  • 01 Oct 2011
    Listed for Sale Not Disclosed
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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.