OFF MARKET

85/43 Constitution Avenue
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 2225m2
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Property Details for 85/43 Constitution Ave, Reid

85/43 Constitution Ave, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 2225m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2014
Floor Size
63m2
Land Size
2225m2
Local Government
Canberra Central
Lot/Plan
REID: Block 9, Section 33, Unit 85

Last Listing description (August 2022)

Price Guide: Offers Over $499,000

Light filled with floor to ceiling windows throughout, this apartment is well located within walking distance to Canberra's CBD. The open plan kitchen and living area open out to the large balcony and create a spacious home complimented by high end finishes and plenty of storage.

The bathroom is oversized, and the bedroom is complete with built in robes and access to the balcony.

North facing on the 8th floor with views to Mt Ainslie, a secured entrance and car accommodation plus storage cage, the benefits of this apartment make it perfect to live or rent out depending on your circumstances.

Features:

North facing with views to Mt Ainslie
8th floor
Short walk to the Canberra CBD
Single car space
Storage cage
Secure entry
Spacious open plan kitchen & living space with large floor to ceiling windows
Reverse cycle ducted electric heating & cooling
Single bedroom with built in wardrobes
Large oversized bathroom
Ceiling fans
Gas cooking
Stone bench tops in kitchen
Ample cupboard space and storage
Dishwasher
Roller blinds

EER: 6.0
Living: 62m2 (approx.)
Balcony: 17m2 (approx.)
Body Corporate: $4,600 pa (approx.)
Rates: $1,800 pa (approx.)
Water: $700 pa (approx.)

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Property History for 85/43 Constitution Ave, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$550,000
31 Aug 2022
Listed for Rent
$465/w
14 Feb 2020
  • 31 Aug 2022
    Sold for $550,000
  • 23 Aug 2022
    Listed for Sale Auction
  • 17 Jan 2020
    Listed for Rent $465 / 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 1,517 properties. Over the last 5 years, Houses in Reid have seen a 36.85% increase in median value, while Units have seen a 30.94% increase. As at 31 August 2024:

  • The median value for Houses in Reid is $2,207,457 while the median value for Units is $522,387.
  • Houses have a median rent of $610 while Units have a median rent of $585.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Reid on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Reid.

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