OFF MARKET

1/1 Velacia Place
Queanbeyan NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 1047m2
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Last updated 16 Sep 2024
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Property Details for 1/1 Velacia Pl, Queanbeyan

1/1 Velacia Pl, Queanbeyan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 1047m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
1984
Floor Size
50m2
Land Size
1047m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
1/SP22856

Last Listing description (May 2020)

An exciting opportunity for a first home buyer or investor, this spacious 2 bedroom apartment is conveniently located in the north of Queanbeyan minutes from the ACT border.

***Buyer Guide: $205,000 - $230,000
***Potential Rental Income: $300 - $330 p/w

Private and peaceful, the complex is situated in a quiet cul-de-sac within walking distance of public transport and local shops.

The apartment itself is generous size, and features contemporary renovations throughout. Step through the front door and into a dedicated living room that leads through to a great kitchen with gas cooking, tiled splashback and stainless steel appliances.
The freshly carpeted throughout, bedrooms offer views over the font garden, while the beautifully updated bathroom boasts floor to ceiling tiles and a large vanity with plenty of space for all your personal items.

Complete with single garage, a washing machine has been built into the kitchen for your conveyance.
This property is a fantastic find for anyone looking to own their first home or secure an affordable investment so close to Canberra city.

Features:

Fantastic location, close to Queanbeyan centre and Fyshwick
Perfect as a first home or investment
Fresh paint and carpet
Dedicated living room
Kitchen with New gas cooking and stainless steel appliances
New hot water system
Both bedroom with spacious robes
Contemporary bathroom
Single garage
Easy access to public transport

Please Call Kate on 0404 857 929 to discuss further, request a contract or register your interest at Kate.coultas@raywhite.com

Property History for 1/1 Velacia Pl, Queanbeyan, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$217,500
02 May 2020
Listed for Rent
$310/w
01 Feb 2019
  • 02 May 2020
    Sold for $217,500
  • 08 Apr 2020
    Listed for Sale Auction
  • 01 Feb 2019
    Listed for Rent - Price not available
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About Queanbeyan 2620

The size of Queanbeyan is approximately 2.8 square kilometres. It has 14 parks covering nearly 15.1% of total area. The population of Queanbeyan in 2011 was 5,783 people. By 2016 the population was 6,254 showing a population growth of 8.1% in the area during that time. The predominant age group in Queanbeyan is 20-29 years. Households in Queanbeyan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan work in a professional occupation. In 2011, 55.1% of the homes in Queanbeyan were owner-occupied compared with 48.6% in 2016.

Queanbeyan has 4,115 properties. Over the last 5 years, Houses in Queanbeyan have seen a 53.42% increase in median value, while Units have seen a 48.34% increase. As at 31 August 2024:

  • The median value for Houses in Queanbeyan is $783,077 while the median value for Units is $429,368.
  • Houses have a median rent of $555 while Units have a median rent of $440.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Queanbeyan on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Queanbeyan.

Suburb Insights for Queanbeyan 2620

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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.