OFF MARKET

50/43 Constitution Avenue
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 62m2
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Property Details for 50/43 Constitution Ave, Reid

50/43 Constitution Ave, Reid is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
2014
Floor Size
62m2
Local Government
Canberra Central
Lot/Plan
REID: Block 9, Section 33, Unit 50

Last Listing description (July 2017)

When this apartment complex was sold out, there was dissapointment in the market. But dissapoint no more a new opportunity has just landed.
Located in the tightly held Reid, the new Constitution Ave upgrade has transformed this picturesque location into a thriving hub of activity. Standing at the foot of Mt Ainslie is perhaps the best metaphor to wake up to each day and it is exclusively on offer here.
Dont't be afraid to wander into the city for some of Canberra's best shopping and food offerings as The Jamieson is but only a moment away. An inspection is a must on this rare opportuinty.

-62m2 internal living
-33m2 balcony
-North facing
-EER 6
-Allocated carspace
-Window package included
-Ducted heating and cooling
-Gas cooktop
-Gas oven
-Located on level 2

Property History for 50/43 Constitution Ave, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$430,000
21 Jul 2017
Listed for Rent
$370/w
05 Sep 2015
  • 21 Jul 2017
    Sold for $430,000
  • 18 Mar 2017
    Listed for Sale $455,000
  • 17 Jun 2015
    Listed for Rent $370 / week

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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.

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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.