OFF MARKET

30 Mayo Street
Weetangera ACT 2614

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 83m2
Land area: 783m2
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Property Details for 30 Mayo St, Weetangera

30 Mayo St, Weetangera is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1973. The property has a land size of 783m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Year Built
1973
Floor Size
83m2
Land Size
783m2
Local Government
Belconnen
Lot/Plan
WEETANGERA: Block 5, Section 17

Last Listing description (November 2022)

Auction Location: LJ Hooker Auction HQ - 182 - 200 City Walk, Canberra City.

Packed with potential, this property consists of two homes on the one block, giving you the investor, developer and astute buyer plenty of bang for your buck!

Set in a quiet cul de sac in sought-after Weetangera, this property is on a 783m2 block within an RZ1 zoning. Each home has two bedrooms, one bathroom and a single carport, with a shared driveway and backyard. Its close to schools and the local shops making this a highly desirable location for families.

Weetangera is one's of Belconnen's most sought-after suburbs with it's tree-lined streets, beautiful homes and premium central location. Close to Belconnen Town Centre, Fresh Food Markets, Jamison Plaza, University of Canberra, and Lake Ginninderra it's under 15 minutes to the city and moments to nature reserves, the Arboretum and Mologolo Valley.

Investors and developers will love Weetangera's consistent growth pushing the average house price well above the ACT average, making this property a great investment with further potential to leverage by way of renovation or redevelopment, or keep it as is for a solid addition to your investment portfolio.

Savvy buyers will recognise the opportunity for this property to pay for itself over time. Rent out each home separately or live in one and continue to rent out the other to the existing tenant, reaping the returns from day one and giving you time to plan your dream home.

With endless possibilities appealing to a wide range of buyers, this is the ultimate investment that helps to pay for itself! Don't miss out on this golden opportunity - contact Stephen Bunday or Andrew Browne now!

At a glance...
- Two dwellings on one title
- 2 x 2 Bedroom, 1 with 1 bathroom, 1 with 2 bathrooms
- Tenant of unit 2 pays $330/wk
- Shared backyard
- Total living area 160m2 (Unit 1, 78m2 / Unit 2, 82m2)
- Built in 1971
- Electric cooking
- Electric hot water
- Quiet cul-de-sac
- Zoned RZ1

Lifestyle features...
- Walking distance to parks, schools and shops
- Renowned restaurant 'Lahori Gate' at nearby Weetangera shops
- Westfield Belconnen, 7 minute drive
- Lake Ginninderra Dog Park, 10 minute drive
- Stromlo Forest Park, 14 minute drive
- Canberra CBD, 12 minute drive
- Close to The Pinnacle Nature Reserve

Rates: $3,353
Land tax: $5,146
UV: $516,000

Total living space: 160m2 split over to dwellings
Block size: 783m2
Car spaces: Single carport
EER 1.0

Property History for 30 Mayo St, Weetangera, ACT 2614

A timeline of how this property has performed in the market
Last Sold
$646,500
25 Mar 2020
  • 25 Mar 2020
    Sold for $646,500
  • 05 Mar 2020
    Listed for Sale Auction 25/3/2020
  • 05 Apr 2018
    Listed for Rent $330 / week

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About Weetangera 2614

The size of Weetangera is approximately 1.6 square kilometres. It has 7 parks covering nearly 7.7% of total area. The population of Weetangera in 2011 was 2,609 people. By 2016 the population was 2,571 showing a population decline of 1.5% in the area during that time. The predominant age group in Weetangera is 40-49 years. Households in Weetangera are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Weetangera work in a professional occupation. In 2011, 84.1% of the homes in Weetangera were owner-occupied compared with 83.4% in 2016.

Weetangera has 1,074 properties. Over the last 5 years, Houses in Weetangera have seen a 50.82% increase in median value, while Units have seen a 52.98% increase. As at 30 September 2024:

  • The median value for Houses in Weetangera is $1,338,593 while the median value for Units is $843,106.
  • Houses have a median rent of $750 while Units have a median rent of $560.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Weetangera on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Weetangera.

Suburb Insights for Weetangera 2614

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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.