SOLD
Sold on 22 Jan 2024 for $420,000

56/25 John Gorton Drive
Wright ACT 2611

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 11315m2
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Property Details for 56/25 John Gorton Dr, Wright

56/25 John Gorton Dr, Wright is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 11315m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Wright in the last 12 months.

Building Type
Unit
Year Built
2014
Land Size
11315m2
Local Government
Molonglo Valley
Lot/Plan
WRIGHT: Block 1, Section 16, Unit 56

Last Listing description (March 2023)

Situated on the second floor of the 'Stromlo Terrace' development is this immaculate one-bedroom apartment perfect for first home buyers, downsizers, and investors alike, this could be the perfect entry into the property market or a great addition to the portfolio.

The well-equipped kitchen offers stone benchtops, ample storage, stainless steel appliances including dishwasher, under bench oven, rangehood and electric glass hotplates.

Flooded with natural light & immaculately presented. At 61m2 internally, this unit is one of the biggest on offer to the market. This open-plan apartment also flows effortlessly onto a generously sized balcony, perfect for entertaining family & friends.

The location is unbeatable, right in the middle of the Molonglo Valley, just a short walk away from bus stops, walking trails and a 15-minute drive to the city, Woden, Belconnen and Manuka. Not only are you in one of Canberra's fasted growing regions, but you are also in one of the best locations to take advantage of what Canberra has to offer.

The Perks
- Living size: 61sqm + 15sqm balcony
- Modern well-proportioned bathroom
- Spacious open plan design
- Large walk-in robe
- Separate full size laundry
- Kitchen with electric oven & cooktop
- Immaculately presented
- Timber flooring in living area
- Secure intercom access to the building
- Underground, secure carpark
- Locked storage shed
- EER 6.0

The numbers
- Rates: $781 per quarter approx
- Land tax: $902 per quarter approx. (Only if rented)
- Body corp : $883 per quarter approx.

Explaining the private treaty process:
- To ensure a fair & equitable process, all offers are confidential. This gives our buyers peace of mind that we will not disclose an offer to another buyer in an attempt to force that buyer's intent. For guidance on when offers close and how best to submit an offer, please contact the agent directly.

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Property History for 56/25 John Gorton Dr, Wright, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$420,000
22 Jan 2024
Listed for Rent
$460/w
07 Dec 2022
  • 22 Jan 2024
    Sold for $420,000
  • 20 Dec 2022
    Listed for Sale Offers Over $439,000
  • 24 Nov 2022
    Listed for Rent $460 / 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.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Wright on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Wright.

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