SOLD
Sold on 17 Jan 2024 for $339,000

7/2 Velacia Place
Queanbeyan NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 1158m2
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Property Details for 7/2 Velacia Pl, Queanbeyan

7/2 Velacia Pl, Queanbeyan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 1158m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Queanbeyan in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
58m2
Land Size
1158m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
7/SP18449

Last Listing description (November 2023)

Welcome to 7/2 Velacia Place, Queanbeyan your gateway to comfortable living and smart real estate investment. Step into this delightful two bedroom apartment, where you'll find everything you need for comfortable living.

The kitchen, second bedroom and bathroom, all facing north, flood the space with natural light, creating a warm and inviting atmosphere. As for the living area, it enjoys abundant afternoon sun and comes equipped with a reverse cycle split system to ensure your comfort throughout the year. Imagine sipping your morning coffee on the balcony, taking in the fresh air and views. This property is located in a small and intimate complex, offering a sense of community. It occupies an elevated position, providing lovely vistas of the surrounding gardens.
This property is the perfect opportunity for both investors looking to expand their portfolio and first homebuyers searching for an affordable and comfortable place to call home.

IMPORTANT FEATURES:

* North facing open kitchen
* Two good sized bedrooms
* Renovated bathroom
* Spacious living area
* Reverse cycle air conditioner to living area
* Sunny westerly balcony provides afternoon sun to the master bedroom and living area
* Carport and off-street visitor parking
* Large communal laundry with commercial grade washing machine (shared between only two units)
* No shared walls
* Very close to Queanbeyan CBD

IMPORTANT NUMBERS:

* Internal living: 60 sqm
* External living: 14 sqm Balcony
* Garage: 14 sqm Carport
* Rates: $580 pq approx.
* B/Corp: $972 pq approx.
* Rental estimate: $390-$420 pw

Disclaimer: The information contained herein is gathered from sources considered to be reliable, however MRKT Property accepts no responsibility for inaccuracies.
All interested parties must solely rely on their own enquiries, inspections and confirm all information provided.

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Property History for 7/2 Velacia Pl, Queanbeyan, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$339,000
17 Jan 2024
  • 17 Jan 2024
    Sold for $339,000
  • 24 Oct 2023
    Listed for Sale $349,000
  • 15 Oct 2003
    Sold for $169,000

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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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