OFF MARKET

2/16 Derrima Road
Queanbeyan NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 894m2
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Last updated 16 Sep 2024
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Property Details for 2/16 Derrima Rd, Queanbeyan

2/16 Derrima Rd, Queanbeyan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 894m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
1981
Floor Size
65m2
Land Size
894m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
2/SP17415

Last Listing description (June 2019)

Situated on the ground floor of a well maintained development of just six units, this appealing unit, bathed in natural light, will certainly appeal to the first home buyer or astute investor. With the benefit of two entrance doors, this spacious unit with new carpets, separate laundry and bathroom and a great location provides easy access to the local CBD, schools and a leisurely 20 minute drive to Canberra. Features include: - Appealing ground floor position - Two good sized bedrooms - Spacious living and dining areas - Abundance of natural light - Well-appointed kitchen with gas cooking - Separate internal laundry with storage - Bathroom with separate bath & shower - Private outdoor deck area - Solid brick construction - Allocated carport - Close to CBD, schools, transport and train station - Council Rates: $1,820 per year approx. - Strata levies: $732 per quarter approx. - Rental estimate: $280 pw approx. The ideal opportunity for the investor to capitalise on great rental returns currently being experienced and also appealing to the first home buyer with the stamp duty exemptions that presently exist. For further information or to arrange an inspection, please contact Ian McNamee & Partners Jerrabomberra on 62835555, Larry Eckhoff 0418 832 091, l.eckhoff@mcnamee.com.au or Darren Bennett 0418 633 806, d.bennett@mcnamee.com.au Disclaimer: All purchasers must rely on their own enquiries as the vendors or their respective agents, do not make any warranty as to the accuracy of the information provided above and do not or will not accept any liability for any errors, misstatements or discrepancies in that information. We have diligently and conscientiously undertaken to ensure it is as current and as accurate as possible.

Property History for 2/16 Derrima Rd, Queanbeyan, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$200,000
05 Jun 2019
  • 05 Jun 2019
    Sold for $200,000
  • 24 Apr 2019
    Listed for Sale $200,000 - $215,000
  • 11 Dec 2015
    Sold for $210,000
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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 11 properties listed for rent in Queanbeyan on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Queanbeyan.

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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.