OFF MARKET

51/43 Constitution Avenue
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
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Property Details for 51/43 Constitution Ave, Reid

51/43 Constitution Ave, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
Unit
Year Built
2014
Floor Size
63m2
Local Government
Canberra Central
Lot/Plan
REID: Block 9, Section 33, Unit 51

Last Listing description (January 2019)

Conveniently located within walking distance from Lake Burley Griffin, the City, ANU, The War Memorial, and Russell Offices is this spacious one bedroom one bathroom apartment.
As you enter you are welcomed by a light filled open plan kitchen, living and dining space. The modern kitchen consists of stainless steel appliances and stone bench tops with a generous amount of bench space. The master bedroom is well sized and includes a built in wardrobe with dual access to the bathroom. The main living area and bedroom includes ducted air conditioning throughout, as well as access to a large outdoor entertaining area.
Beautifully selected finishes combined with a fantastic location, this apartment boasts a lifestyle of convenience, a fantastic investment opportunity.

Inclusions:
- Double glazed windows
- Lockable storage area located in basement
- Access controlled basement car parking with key control
- Single car space in secure basement parking
- Intercom handset and screen providing access control
- Carpet in main living and bedroom areas
- Ducted air conditioning to living areas and bedroom
- Ceiling fans to living area and bedroom

Floor Size: 66 sqm (approx.)
Balcony size: 31 sqm (approx.)
Rates: $1,506 p/a (approx.)
Land Tax: $1,827 p/a (approx.)
UV: $58,295

Property History for 51/43 Constitution Ave, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$270,000
21 Dec 2018
Listed for Rent
$400/w
09 May 2016
  • 21 Dec 2018
    Sold for $270,000
  • 18 Oct 2018
    Listed for Sale By Negotiation
  • 18 Apr 2016
    Listed for Rent $400 / 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.

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.