OFF MARKET

5C/111 Knox Street
Watson ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 5c/111 Knox St, Watson

5c/111 Knox St, Watson is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (March 2022)

Practical One-Bedroom Apartment located in inner Watson

This compact unit nestled on the ground floor of the Arizona complex is ideal for the first home buyer looking to get into the market or astute investor looking for a good rental return.

As you enter this apartment you will find a good sense of space featuring an open plan kitchen with gas cooktop.

There is a dedicated carport space and a large, shared laundry in the common area.

Within a short walk to Majura Primary School and Watson Shopping Centre. Public transport at your doorstep with bus stops & light rail conveniently located for ease of travelling into the city.

Superbly located, you are several minutes' drive from the bustling hub of Dickson, City, and Gungahlin Town Centre, also you can easily enjoy the regular routine of weekend shopping at the local farmers market at Exhibition Park.

Features Include:
Ground floor unit with a window flower box
Carpeted with built-in robe bedroom/living
Double brick internal walls
Costs of gas and solar hot water are included in body corporate
Large separate shared laundry
Single dedicated carport space
Conveniently located to Majura Primary School, local shopping area and public transportation including bus stop and light rail

Essentials:
Living Size: 34 sqm approx.
Body Corporate: $878.07 p.q. approx.
Rates: $490 p.q. approx.
Land Tax: $595.81 p.q. approx.
Estimated rental income: $360 to $380 per week
EER: 6.0
Built:1972

Property History for 5c/111 Knox St, Watson, ACT 2602

A timeline of how this property has performed in the market
  • 23 Feb 2022
    Listed for Sale Offers Over $220,000

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About Watson 2602

The size of Watson is approximately 3.7 square kilometres. It has 9 parks covering nearly 16% of total area. The population of Watson in 2011 was 5,121 people. By 2016 the population was 5,880 showing a population growth of 14.8% in the area during that time. The predominant age group in Watson is 30-39 years. Households in Watson are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watson work in a professional occupation. In 2011, 59.8% of the homes in Watson were owner-occupied compared with 57.2% in 2016.

Watson has 3,135 properties. Over the last 5 years, Houses in Watson have seen a 40.87% increase in median value, while Units have seen a 55.57% increase. As at 30 November 2024:

  • The median value for Houses in Watson is $1,059,231 while the median value for Units is $623,920.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 19 properties listed for sale, and 11 properties listed for rent in Watson on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Watson.

Suburb Insights for Watson 2602

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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.