OFF MARKET

61/20 Federal Highway
Watson ACT 2602

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 92m2
Land area: 20536m2
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Property Details for 61/20 Federal Hwy, Watson

61/20 Federal Hwy, Watson is a 2 bedroom, 2 bathroom Unit and was built in 2003. The property has a land size of 20536m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in June 2006.

Building Type
Unit
Year Built
2003
Floor Size
92m2
Land Size
20536m2
Local Government
Canberra Central
Lot/Plan
WATSON: Block 14, Section 61, Unit 61

Last Listing description (February 2023)

Blessed with a superb sense of privacy and offering a delightful entry point into the prestigious Inner North, this spacious, two bedroom with ensuite apartment is perfect for those buyers looking for a lifestyle of relaxed, care free living. Boasting an easy care layout, with separate living areas, along with an ultra convenient location, the features of this value packed property all combine to create a remarkable prospect. This spacious property is ideal for the first home buyer, down sizer or savvy investor.

- Great first home or investment opportunity
- Private, mid floor apartment

- Large living areas, with separate dining area
- Two oversized bedrooms both with built in robes
- Large master bedroom with oversized ensuite
- Two car secure basement parking with storage facility
- 92sqm of internal living, 13sqm covered terrace
- Spacious stone kitchen, plenty of storage and dishwasher
- Reverse cycle air-conditioning, (heating and cooling)
- Double glazed windows
- EER 6.0
- Well maintained inground pool
- Easy access to the main arterial roads, minutes from the CBD, local schools and shops
- Great opportunity to enter the property market
- Unbeatable value for money

- Admin fees: $746.15 per quarter
- Sinking fund: $515.55 per quarter
- Rates: $1,709,07 per annum
- Land Tax (If used as investment property) $1,990,56 per annum

Property History for 61/20 Federal Hwy, Watson, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$287,000
08 Jun 2006
Listed for Rent
06 Feb 2019
  • 27 Oct 2022
    Listed for Sale $488,000+
  • 17 Jan 2019
    Listed for Rent $430 / week
  • 03 Nov 2014
    Listed for Rent $330 / week
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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 3,109 properties. Over the last 5 years, Houses in Watson have seen a 41.16% increase in median value, while Units have seen a 42.26% increase. As at 31 October 2024:

  • The median value for Houses in Watson is $1,064,344 while the median value for Units is $561,855.
  • Houses have a median rent of $620 while Units have a median rent of $560.
There are currently 22 properties listed for sale, and 12 properties listed for rent in Watson on OnTheHouse. According to CoreLogic's data, 140 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.