OFF MARKET

34/41 Philip Hodgins Street
Wright ACT 2611

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 17935m2
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Property Details for 34/41 Philip Hodgins St, Wright

34/41 Philip Hodgins St, Wright is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 17935m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
2015
Floor Size
53m2
Land Size
17935m2
Local Government
Molonglo Valley
Lot/Plan
WRIGHT: Block 1, Section 47, Unit 34

Last Listing description (February 2019)

This 1 bedroom apartment in the tightly held 'Panorama' development has been lived in by the owner since new & is being sold with the furniture included. This apartment suits first home buyers or downsizers, & would make an excellent addition to any investment portfolio with a potential rental yield of around 6%. Designed by the award-winning Kasparek Architects to maximise the views available from one of the best sites in the Molonglo Valley, 'Panorama' is made up of several buildings including apartments & townhouses. This apartment is located in the building at the far end of the development, away from the noise & traffic of John Gorton Drive, & is one of only 40 apartments. Being on the top floor, the apartment sits higher than surrounding buildings offering a feeling of space & privacy. The 2 level basement car parking adds an extra dimension to the thoughtful design of the development as each level has its own separate entrance, creating 2 smaller basement spaces with fewer cars accessing each level. The balcony has wonderful panoramic views towards Oakey Hill, Red Hill, Parliament House & Black Mountain. Nestled at the foot of Mt Stromlo, the location appeals to anyone who enjoys the outdoors with walking, running & mountain bike trails at your doorstep. Molonglo Valley offers one of the most central locations in Canberra with easy access to major arterial roads leading to the City Centre & the Woden, Tuggeranong, & Belconnen town centres. Features:Top floor with panoramic viewsStone benchtopsEuropean appliancesSmall building of only 40 apartmentsSituated at the quiet end of the developmentFully furnishedReverse-cycle heating & coolingClose proximity to the amenities of Mt StromloEasy access to the City, Woden, Belconnen & TuggeranongLarge storage unit in basement

Property History for 34/41 Philip Hodgins St, Wright, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$286,000
16 Apr 2015
Listed for Rent
$420/w
10 Jan 2019
  • 20 Dec 2018
    Listed for Rent $420 / week
  • 06 Sep 2018
    Listed for Sale $295,000+
  • 16 Apr 2015
    Sold for $286,000

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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.
There are currently 14 properties listed for sale, and 10 properties listed for rent in Wright on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Wright.

Suburb Insights for Wright 2611

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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.