OFF MARKET

8/3 Velacia Place
Queanbeyan NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 898m2
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Property Details for 8/3 Velacia Pl, Queanbeyan

8/3 Velacia Pl, Queanbeyan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 898m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1975
Floor Size
81m2
Land Size
898m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
8/SP7496

Last Listing description (April 2021)

Located in a cul-de-sac, this apartment located on the top floor offers an ultra-convenient location within a short distance to the Queanbeyan Town Centre, and is just 7.2ks to Fyshwick, 8.9ks to Canberra's airport and 16.2ks to Canberra's CBD.

The apartment features the following:

- 2 sizeable bedrooms with BIR's
- Bright open plan living areas
- Kitchen with ample bench space and storage
- Informal meals area
- Bathroom with shower and bathtub
- Laundry
- Split system to living areas
- Balcony
- Single lock-up garage

Body corporate fees: $567.64 per quarter
Rates: $479.00 per quarter
Potential rental return: $320.00 - $340.00 per week

Disclaimer:
Please note that while all care has been taken regarding general information and marketing information compiled for this advertisement, LJ HOOKER TUGGERANONG does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. Figures quoted above are approximate values based on available information. We encourage prospective parties to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Property History for 8/3 Velacia Pl, Queanbeyan, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$245,000
10 Mar 2021
Listed for Rent
$170/w
05 Feb 2006
  • 10 Mar 2021
    Sold for $245,000
  • 16 Feb 2021
    Listed for Sale Under Contract
  • 26 May 2006
    Sold for $182,000
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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 4,109 properties. Over the last 5 years, Houses in Queanbeyan have seen a 57.78% increase in median value, while Units have seen a 45.57% increase. As at 31 October 2024:

  • The median value for Houses in Queanbeyan is $785,077 while the median value for Units is $420,861.
  • Houses have a median rent of $558 while Units have a median rent of $450.
There are currently 28 properties listed for sale, and 20 properties listed for rent in Queanbeyan on OnTheHouse. According to CoreLogic's data, 163 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.