11/40 Philip Hodgins StreetWright ACT 2611
Property Details for 11/40 Philip Hodgins St, Wright
11/40 Philip Hodgins St, Wright is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 21170m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (January 2020)
A fantastic opportunity to add to your investment portfolio with a Gross Rental Yield of 7.1% (approx). Located in the Observatory complex in Wright, this modern 1 bedroom + study apartment offers a comfortable lifestyle or secure investment opportunity.
Presenting as-new throughout, with a large open plan design to maximise utility and lifestyle. The study is large enough to function as a spare or second bedroom increasing the amenity on offer for an owner-occupier or rental.
Designer inclusions throughout the apartment include AEG appliances, stone benchtops, quality windows furnishings, whilst year-round comfort is assured with split system heating & cooling.
The development itself boasts beautifully landscaped common areas designed by Jamie Durie; with various entertaining areas, a stunning solar heated pool & BBQ facility.
In a fast growing and sought after suburb, Wright is conveniently located between Weston Creek and Belconnen and is just 15 minutes from the heart of Canberra.
Floor Area: 68m2 (approx.)
Rates: $332 p.q (approx.)
Land Tax: $370.75 p.q (approx.)
Body Corporate: $752.30 p.q.
Currently tenanted at $430 per week until 22/11/2019 with an option to extend for a further two years.
Full sized, separate study which can double as a home office, library, reading room or second bedroom.
A single secure carpark with storage cage.
Modern Stainless AEG Appliances including Dishwasher.
Stone Benchtop.
25m solar heated swimming pool.
Reverse-cycled heating and cooling.
Lift access & intercom.
Property History for 11/40 Philip Hodgins St, Wright, ACT 2611
- 18 Nov 2019Sold for $300,000
- 31 Jul 2019Listed for Sale $315,000
- 05 Nov 2018Listed for Rent $430 / week
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About Wright 2611
The size of Wright is approximately 1.3 square kilometres. It has 5 parks covering nearly 6% of total area. The population of Wright in 2011 was 490 people. By 2016 the population was 2,751 showing a population growth of 461.4% in the area during that time. The predominant age group in Wright is 20-29 years. Households in Wright are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wright work in a professional occupation. In 2011, 46.4% of the homes in Wright were owner-occupied compared with 76.8% in 2016.
Wright has 2,016 properties. Over the last 5 years, Houses in Wright have seen a 52.28% increase in median value, while Units have seen a 28.70% increase. As at 31 October 2024:
- The median value for Houses in Wright is $1,117,541 while the median value for Units is $520,691.
- Houses have a median rent of $635 while Units have a median rent of $560.
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