OFF MARKET

5/1 Velacia Place
Queanbeyan NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 1024m2
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Last updated 16 Sep 2024
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Property Details for 5/1 Velacia Pl, Queanbeyan

5/1 Velacia Pl, Queanbeyan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 1024m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1985
Floor Size
50m2
Land Size
1024m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
5/SP22856

Last Listing description (April 2021)

Elders Queanbeyan - Jerrabomberra - Googong is delighted to present 5/1 Velacia Place for sale.

Located in a quiet cul-de-sac within walking distance to the centre of town.

Situated on floor 1 of 2.

Good sized tiled living and meals area.

Kitchen with freestanding electric oven and cook top.

Two good sized bedrooms.

Updated bathroom.

Single allocated carport.

Shared laundry facilities.

Living 50m
Carport 14m
TOTAL = 64m

Would suit owner occupier or investor looking to increase their portfolio.

Rates approx $476 per quarter
Body Corp approx $746 per quarter

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Property History for 5/1 Velacia Pl, Queanbeyan, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$219,500
17 Feb 2021
Listed for Rent
$220/w
22 May 2007
  • 17 Feb 2021
    Sold for $219,500
  • 19 Oct 2020
    Listed for Sale $219,500
  • 25 Sep 2013
    Sold for $180,000
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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, 168 properties were sold in the past 12 months in Queanbeyan.

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