Property Details for 92/4 Kogarah Lane, Reid
92/4 Kogarah Lane, Reid is a 2 bedroom, 1 bathroom Unit.
Last Listing description (May 2021)
To deliver the finest in contemporary lifestyles, Metropol surrounds you with
some of Canberra's finest entertainment, shopping and dining precincts, national attractions and recreational areas only minutes away, allowing you to enjoy immediate access to all the excitement and cosmopolitan sophistication of a large city centre.
This apartment is situated above Kogarah Lane, providing a sunny aspect, ensuring you have beautiful views over Mount Ainslie and companied by a tranquil setting as you are on the opposite side to the busy Cooyong Street.
At your doorstep are some of Canberra's most prominent facilities and enviable amenities. Including the National University of Australia, City Centre, Australian War Memorial, Campbell High School, Burgmann College, Mount Ainslie Walking Trail and many more.
Standing alongside two other Metropol towers, these three buildings are all connected via large outdoor courtyards, and an unthinkable opportunity for first home buyers and investors alike.
- Located on the 3rd floor with East facing views
- Smeg Appliances
- Dark Colour Scheme
- Living Size 64sqm
- Balcony Size 8sqm
- Total 72sqm
- Estimated Body Corporate $493.50pq
- Estimated Rental Appraisal $510pw - $540pw
- Anticipated completion July 2021
Property History for 92/4 Kogarah Lane, Reid, ACT 2612
- 14 Apr 2021Listed for Sale $479,000+
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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 1,510 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.
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