OFF MARKET

7 Parsons Street
Torrens ACT 2607

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 967m2
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Property Details for 7 Parsons St, Torrens

7 Parsons St, Torrens is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 967m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1968
Land Size
967m2
Local Government
Woden Valley
Lot/Plan
TORRENS: Block 5, Section 25

Last Listing description (April 2023)

LAND HOLDING: 967m2 approx.

Standing proud in the elevated, leafy surrounds of Parsons Street, is this much-loved family residence offered to the market for the very first time. Presented overall, in good condition throughout, with multiple living areas, panoramic views, surrounded by quality, established homes and modern, stylish re-builds. The Torrens pre-school and lush green reserve is at the end of the street with walking trails and meandering paths to Mt Taylor, local shops and Torrens Primary.

OPTIONS GALORE - YOUR CHOICE:

BUILDERS 'SET YOUR SITE' on this large Rz2 block to design and construct 2 new homes (subject to ACT PLA approval). The plot has no protected trees that would impede a dual occupancy development.

MOVE IN 'AS IS'. Featuring lounge, dining and family rooms, timber kitchen with stone tops, stunning parquetry flooring, 3 bedrooms all with built in robes and two bathrooms in good original condition. In addition, double garage under with excellent storage rooms/wine cellar/home office.

RENOVATORS - Embracing a versatile design ready to 'make your mark, add your own 'style and flair' to renovate and extend or remove from block to make way for your dream home.

RENOVATORS & INVESTORS - Renovate the existing property to lease or rent 'as is' and build a second residence behind to live in.

HIGHLIGHTS:
-Large RZ2 block of 967m2 approx.
-Elevated family home on the high side of the street
-Panoramic views to Isaacs Ridge and the surrounding landscape
-Lounge, dining and family rooms
-Separate laundry
-Bathrooms presented in good condition
-Feature sandstone fireplace in the lounge room
-Timber kitchen with stone bench tops
-Built in robes in all bedrooms
-Ducted gas heating
-Reverse cycle wall units in family room/kitchen & bedroom 1
-Ceiling fan in the family room
-Double garage under with automatic door and excellent storage/wine cellar.

ADDITIONAL INFORMATION:
Block: 5 Section: 25
Living area: 139m2
EER: 2
Block size: 967m2
Land Value: $936,000 (2022)
Year Built: November 1971
Land Rates: $4,126 per annum
Land Tax: $6,962 per annum (only paid if leased)
Rental appraisal: $750 per week

All measurements and values are approximate.

PLEASE NOTE: The floor plans and any aerial photographs with highlighted boundaries provided in the marketing of this property may not be entirely accurate and are not necessarily to scale. They are intended as a guide only and must not be relied upon. The property information highlighted on this website has been obtained from sources we deem to be reliable. However, Michael Potter Real Estate cannot guarantee its accuracy and persons should rely on their own due diligence.

Property History for 7 Parsons St, Torrens, ACT 2607

A timeline of how this property has performed in the market
Last Sold
$1,150,000
20 Apr 2023
  • 20 Apr 2023
    Sold for $1,150,000
  • 30 Mar 2023
    Listed for Sale AUCTION
  • 25 Sep 2022
    Transferred
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About Torrens 2607

The size of Torrens is approximately 1.3 square kilometres. It has 5 parks covering nearly 6.5% of total area. The population of Torrens in 2011 was 2,282 people. By 2016 the population was 2,201 showing a population decline of 3.5% in the area during that time. The predominant age group in Torrens is 40-49 years. Households in Torrens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torrens work in a professional occupation. In 2011, 71.4% of the homes in Torrens were owner-occupied compared with 72% in 2016.

Torrens has 987 properties. Over the last 5 years, Houses in Torrens have seen a 47.38% increase in median value, while Units have seen a 59.99% increase. As at 31 October 2024:

  • The median value for Houses in Torrens is $1,046,305 while the median value for Units is $758,550.
  • Houses have a median rent of $693 while Units have a median rent of $575.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Torrens on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Torrens.

Suburb Insights for Torrens 2607

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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.