OFF MARKET

51/40 Philip Hodgins Street
Wright ACT 2611

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 81m2
Land area: 21170m2
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Property Details for 51/40 Philip Hodgins St, Wright

51/40 Philip Hodgins St, Wright is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 21170m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2015
Floor Size
81m2
Land Size
21170m2
Local Government
Molonglo Valley
Lot/Plan
WRIGHT: Block 1, Section 46, Unit 51

Last Listing description (January 2021)

INVESTMENT OPPORTUNITY TO APRIL 2021 AT $490PW

The smart researchers looking for an apartment know to look for both bedrooms without shared walls, and to look for a good sized balcony with views. Both boxes are ticked here! This fantastic corner apartment has additional windows, and the huge 29m2 balcony looks out to Stromlo Forest Park. Both bedrooms are king-sized, and the space and light in this corner apartment is amazing with so many windows.

Observatory Living consists of seven individual buildings, set around a central courtyard, established as a model to enjoy recreation and fitness. It is like no other complex in Canberra, positioned at the highest point in Wright. Acclaimed for its serenity by Award-winning Jamie Durie designing the landscaped gardens, the fortunate residents living at Observatory Living are treated to unique and enviable options such as a stunning outdoor pool with those gorgeous red tiles, BBQs, fire-pits, exercise circuit and reflection ponds - all this just a short distance to the City, Cooleman Court and Woden.

The community at Observatory Living have the benefit of so many different floor plans for two bedroom apartments but the location and the outlook of this apartment will always ensure your new purchase will be highly sought-after as you have the right orientation and views. Rare indeed.

Can it get any better?

Note: Internal photos provided when complex first sold.

Features Include:
- Two bedrooms and open plan living of 81m2
- Huge 29m2 balcony looking out to Stromlo Forest Park
- Corner apartment with additional windows
- Two huge king-sized bedrooms with mirrored built-in robes
- Sinking Fund Plan to ensure funds are available for long term maintenance
- On-site building manager and daily external complex cleaning
- Energy resourceful aluminium glazed windows and sliding door
- Living and dining opens to a full width covered terrace
- Deluxe stone benchtop with premier AEG appliances
- Huge pantry and storage area
- Separate laundry room with tumble dryer
- Reverse cycle air conditioning
- Two underground car spaces with storage cage
- Secure building and car park entry and intercom access
- Walking distance to Stromlo Forest Park
- Stromlo Leisure Centre close by
- Close to primary school and shops
- NBN and Foxtel ports
- Jamie Durie designed landscaped gardens
- Pool, BBQs, fire pits, exercise circuits and reflection ponds
- Over 40 different breakout areas, including sheltered structures
- Disability friendly development
- 19 visitor parks available for this one building
- Additional bicycle storage room
- Close to City, Cooleman Court, and Woden
- Transport options close by

Living: 81m2
Balcony: 29m2
Car Parks: 24m2
Storage: 2.3m2

EER 6
Land Rates: $1,430.69 pa (FY19/20)
WS&S Rates: $640 pa (FY19/20)
Body Corporate: $3,862.40 pa
10 Year Sinking Fund Plan - which helps ensure your body corporate fees include future maintenance

(All measurements and figures are approximate)

Images, photographs, illustrations and floor plans on the website and on company brochures are for presentation purposes only and are intended to be indicative only. Whilst all details have been carefully prepared and are believed to be correct, no warranty can be given either expressly or implied by the vendors or their agents. Floor plans may not be to scale.

Property History for 51/40 Philip Hodgins St, Wright, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$397,500
04 Feb 2021
  • 04 Feb 2021
    Sold for $397,500
  • 18 Aug 2020
    Listed for Sale $399,000
  • 17 Aug 2013
    Sold for $397,000

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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 2,034 properties. Over the last 5 years, Houses in Wright have seen a 46.38% increase in median value, while Units have seen a 29.61% increase. As at 31 January 2025:

  • The median value for Houses in Wright is $1,097,901 while the median value for Units is $524,916.
  • Houses have a median rent of $645 while Units have a median rent of $560.
There are currently 14 properties listed for sale, and 9 properties listed for rent in Wright on OnTheHouse. According to CoreLogic's data, 95 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.