OFF MARKET

77/1-3 Kogarah Lane
Reid ACT 2612

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 73m2
Land area: 5475m2
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Property Details for 77/1-3 Kogarah Lane, Reid

77/1-3 Kogarah Lane, Reid is a 3 bedroom, 2 bathroom Unit and was built in 1981. The property has a land size of 5475m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1981
Floor Size
73m2
Land Size
5475m2
Local Government
Canberra Central
Lot/Plan
REID: Block 6, Section 8, Unit 17

Last Listing description (July 2020)

Meet the Agent at the Security Gate - 1 Kogarah Lane, just off Ainslie Avenue.

Superbly located in this highly desirable, heritage listed suburb, the Paddington Style, Argyle Square development is positioned just moments from the Canberra Centre. Shop in department stores and in some of Canberra's best boutiques, dine out in the numerous restaurants, meet friends for coffee, and go to a gym or the theatre, all without taking your car from the garage. The ANU, Mt Ainslie's cycling and walking trails, the lake and its surrounding park lands, National Institutions and the Russel Defence Complex are nearby.


Positioned on the end of the building the split level, top floor, 107m2 apartment has a sun filled, L shaped living/dining room with study nook and opens to the balcony overlooking Argyle Square's renowned gardens. The adjoining, all electric kitchen was recently renovated some years ago and includes pantry, good storage and work space.

Bedrooms are positioned on the upper level; all have built in robes and the main has an ensuite bathroom and access to the rear balcony. The professional renovation of both bathrooms is so recent, they have never been used by the current owner. The separate laundry is considered a bonus by many and is a feature rarely found in modern apartments.

The apartment's position in the building ensures good ventilation; the current owners have insulated the ceiling and installed two split systems ensuring year round comfort. There is good internal storage and a single garage is positioned to the rear of the building.

Government Charges 2019 2020:
General Rates: $2,313.86 pa
Land Tax: $2,898,58 pa -payable if leased
Water & Sewerage Supply: $667.28 pa

Body Corporate Levies $ 4,276 pa; Sep '19 Sep '20

Property History for 77/1-3 Kogarah Lane, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$601,000
27 Jul 2020
  • 27 Jul 2020
    Sold for $601,000
  • 28 May 2020
    Listed for Sale By Negotiation
  • 19 Feb 2010
    Sold for $521,653
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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.