OFF MARKET

8/12 Federal Avenue
Crestwood NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 2245m2
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Property Details for 8/12 Federal Ave, Crestwood

8/12 Federal Ave, Crestwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 2245m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1971
Floor Size
60m2
Land Size
2245m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
8/SP5972

Last Listing description (May 2022)

Crestwood has fast become the place to be! It has easy access to the train station & buses, vibrant social scenes at pubs and cafes. This apartment is located high on a hill where you capture distant views of suburban landscapes to Canberra. Its only a short walk down to the CBD of Queanbeyan, where you can take the time to grab a coffee or have a sandwich on the banks of the Queanbeyan River. It is such a lovely space and a hidden gem.

This lovely 2-bedroom apartment is in a well-maintained block and is positioned on the first floor on the north-western end. The complex is well designed with two main buildings, with neat and tidy landscaping. They also have great backyards to enjoy. On the ground floor there is a secured large laundry with a generously sized storage room, good quality driveways and dedicated carports. Located in a quiet street but only a short walk to the bus stop, this first floor apartment benefits from a wraparound balcony which provides a great place to enjoy the afternoon sun or a morning coffee.

The kitchen and living area are open plan, while in original state it is very well looked after and in good condition. The bedrooms have built in wardrobes, and both fit a double bed. A storage cupboard is located at the end of the hallway perfect for the household items you want to hide away.

This wonderful 2 bedroom unit has been such a great investment for the current owners, but now its time to let it go. Fantastic long term tenants that have loved living in this cosy, 2 bedroom apartment for 10 years, They have also expressed they would love to stay on given the opportunity. This unit may be the kick start into the property market you are looking for or a great addition to your investment portfolio.

Strata fees $676.26 per quarter

Council rates $2021.00 PA

For further details or an inspection please contact Ben Stevenson 0467 046 637

Property Code: 813

Property History for 8/12 Federal Ave, Crestwood, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$332,000
08 Apr 2022
  • 08 Apr 2022
    Sold for $332,000
  • 25 Mar 2022
    Listed for Sale $298,000 to $328,000
  • 30 Aug 2000
    Sold for $45,000
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About Crestwood 2620

The size of Crestwood is approximately 2 square kilometres. It has 9 parks covering nearly 7.8% of total area. The population of Crestwood in 2011 was 4,451 people. By 2016 the population was 4,606 showing a population growth of 3.5% in the area during that time. The predominant age group in Crestwood is 30-39 years. Households in Crestwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Crestwood work in a professional occupation. In 2011, 60.2% of the homes in Crestwood were owner-occupied compared with 53.8% in 2016.

Crestwood has 2,714 properties. Over the last 5 years, Houses in Crestwood have seen a 59.35% increase in median value, while Units have seen a 51.81% increase. As at 31 October 2024:

  • The median value for Houses in Crestwood is $789,802 while the median value for Units is $382,202.
  • Houses have a median rent of $585 while Units have a median rent of $420.
There are currently 12 properties listed for sale, and 11 properties listed for rent in Crestwood on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Crestwood.

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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.