OFF MARKET

62/43 Constitution Avenue
Reid ACT 2612

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 2225m2
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Property Details for 62/43 Constitution Ave, Reid

62/43 Constitution Ave, Reid is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 2225m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2014
Land Size
2225m2
Local Government
Canberra Central
Lot/Plan
REID: Block 9, Section 33, Unit 62

Last Listing description (November 2022)

This great apartment located on desirable Constitution Avenue offers easy-care living surrounded by all the advantages of inner-city life, while enjoying the green spaces of Commonwealth Park and the fantastic outdoor activities and relaxation on offer along the shores of Lake Burley Griffin, just 200m away (approx.).

The well-presented apartment is on the fourth floor of The Jamison its outlook is high and leafy, with glimpses of the lake, and it receives plenty of natural light. It comprises two bedrooms (or one plus study) with built-in wardrobes. The modern bathroom has a floating basin and full-height tiling. The kitchen is well appointed with stone bench tops, a dishwasher, gas cooktop and electric oven, and is open to the comfortable dining and living area. You will surely enjoy your own private balcony and the convenience of secure single car accommodation with a storage unit.

This is city living at its best. You are within walking distance to not only the city centre, the C5 precinct and bustling Braddon, but also opposite the new mixed-use precinct at Parkes which will include a new high-end Japanese restaurant. A very exciting opportunity for first home buyers, downsizers and investors alike!

Features:
- Fourth level apartment with balcony, leafy outlook and glimpses of the lake 200m away
- End unit, with windows on two sides
- Two bedrooms (or one plus study) with built-in wardrobes
- Well presented with lots of natural light
- Open-plan kitchen/dining/living area
- Modern bathroom with storage
- Reverse cycle heating and cooling
- Proximity to Commonwealth Park, city centre, Braddon, and opposite new Parkes precinct
- University of NSW being built next door with completion expected in 2025
- Rental appraisal of $590 to $610 per week

EER: 6
Living Size: 70m2 plus 8m2 balcony (approx.)
Rates: $1,831 p.a (approx.)
Body Corporate Fees: $4,916 p.a (approx.)

Property History for 62/43 Constitution Ave, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$570,000
02 Nov 2022
  • 02 Nov 2022
    Sold for $570,000
  • 23 Sep 2022
    Listed for Sale $575,000
  • 10 Feb 2016
    Sold for $520,000

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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 1,509 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 14 properties listed for sale, and 5 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 38 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.