OFF MARKET

47 Coranderrk Street
Reid ACT 2612

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1159m2
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Property Details for 47 Coranderrk St, Reid

Building Type
Land
Land Size
1159m2
Local Government
Canberra Central
Lot/Plan
REID: Block 11, Section 15

Last Listing description (June 2023)

Arguably one of Canberra's most sought after and central suburbs a sensational blank canvas holding [1159m2] with true northerly sun to the rear.

Walk to Canberra City, War Memorial, Braddon and Lake Burley Griffin.

The original home has been demolished and amazing architecturally plans created and Heritage & DA approved & ready for construction. {Over 600m2 including living, basement garaging and guest areas} Or get your own architect to design your dream home if these plans don't suit.

Reid (circa 1925) first stone was laid almost 100 years ago and offers beautiful heritage facades across the whole precinct.

Features:

An exciting and rare opportunity to build a home from a blank canvas that is very rare in the heritage precinct
Vacant 1159m2 block with northerly sun to the rear
DA & heritage approved plans including over 600m2 of living across ground and basement levels
Located in the very sought-after and beautiful Oak-lined streets of Reid
Heritage garden precinct
On the fringe of Canberra City & Glebe Park
Walk to Canberra City, Campbell, Braddon, Lake Burley Griffin and War Memorial

Land Size: 1159m2 approx
Land Rates: $6,977 approx
UCV: $1,481,000 approx

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Property History for 47 Coranderrk St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$2,150,000
09 Apr 2021
  • 25 May 2023
    Listed for Sale Auction on 17/06/2023 at 10:00AM
  • 09 Apr 2021
    Sold for $2,150,000
  • 06 Jun 2018
    Sold for $1,500,000
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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 1,506 properties. Over the last 5 years, Houses in Reid have seen a 34.58% increase in median value, while Units have seen a 33.79% increase. As at 30 September 2024:

  • The median value for Houses in Reid is $2,119,429 while the median value for Units is $528,452.
  • Houses have a median rent of $640 while Units have a median rent of $585.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Reid.

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