Sold
Auction - Sold Prior - $835,000
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5 Mawalan Street, Ngunnawal ACT 2913

House3224.5
UV: $294,000 (2021)
Can I afford this property?

Vacant, single level home, updated throughout - Sold prior to auction for $835,000

5 Mawalan Street is a quaint property that emits feelings of homeliness. If you’re looking to purchase your first home and stay away from the hassle and cost of strata developments, this could be perfect. Also excellent for those looking to downsize and wanting an easy-care, single level home to suit well into older age. Investors will note the strong rental yield and long-term capital growth available plus we can help facilitate access for your property manager between exchange and settlement to have a tenant ready to go as soon as you settle.

The kitchen in the middle of the home is equipped with everything a family should need including a four-burner gas cooktop, rangehood, oven and dishwasher. A separate lounge and family room allow for multiple activities – or television shows – to be conducted at once and the family can get some space from each other.

The home has already been updated throughout and maintenance items attended to both inside and out so you can just move in and relax and take advantage of all the hard work already invested. The brand-new driveway is a big value-add with room in front of the garage for 4 vehicles, plus there’s an additional long separate driveway with gated access into the rear yard that can adequately house a trailer or even a caravan if you love adventures on the weekends.

The picturesque backyard has a pergola-covered entertaining area as well as a grassed area for children and pets alike to play. The store shed, clothesline and gas hot water system are hidden out of site around the corner for convenience.

Positioned in a quiet street, walking distance to the local primary school and oval as well as childcare and child health facility. Then another 350m walk takes you down to the local shops, this home has a complete package and should be top of your list to view. To make it easy we run 3 scheduled open homes each week of the campaign, so we look forward to seeing you soon.

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email and note your full name and mobile number and it will be automatically sent to you immediately.

Features Overview
- Separate title and free-standing house
- Updated throughout
- Brand new driveway just laid ($7,700)
- 2 separated living areas
- Vacant and available for immediate occupation
- Flexible settlement options available if you have another property you want, or need, to sell

The Numbers (approx):
- Living area: 102m²
- Pergola covered entertaining area: 11m2
- Garage: 37m²
- Block size: 338m²
- Age: 24 years (built 1998)
- General rates: $2,115 p.a.
- Water rates: $670 p.a.
- Land tax (investors only): $2,666 p.a.
- Conservative rental estimate (unfurnished): $650/wk
- EER (Energy Efficiency Rating): 4.5 stars with potential of 6 stars

Inside:
- Brand new carpets in bedrooms and formal living room, new roller blinds throughout, new light fittings and new paint throughout
- Kitchen located in middle of home with dishwasher, four burner gas cooktop, rangehood, electric oven
- Main bedroom (segregated from other 2 bedrooms at rear of home) has walk in robe and ensuite
- Main bathroom with shower, bath, vanity, external ventilation, and heat lamps
- Separate toilet room
- Sliding door access from family room to rear yard and entertaining areas
- Ducted heating throughout the home
- Gas hot water system
- Internal access from double garage with rear swinging door to back yard
- Separate laundry room with rear access to the backyard and clothesline
- Security screen on front door

Outside:
- Pergola-covered, entertaining area and open concrete entertaining area
- Small patch of grass in rear yard (easy to maintain)
- Fire pit area off the pergola (fire pit to stay with sale)
- Metal storage shed
- Gated paved area to right side of home large enough to house a trailer or caravan
- Driveway large enough to accommodate four cars with additional separate driveway to right of home for another two cars

To help buyers, we offer the following as part of our Friendly Auction System:
- Written and verbal buyer price guides, which are updated throughout the campaign.
- A digital brochure with everything to consider a purchase, including the full contract and bidding strategy video (request this email).
- We refer a solicitor who can review the contract prior to auction for FREE.
- Same solicitor can provide a FREE Section 17 Certificate to waiver your cooling off if you want to submit a pre-auction offer.
- 5% deposit pre-approved. Payable via eft (no need to arrange a bank cheque).
- Help negotiating terms such as settlement dates or exchange deposits to suit the buyer.
- Free valuations on your current property(s) to help establish your equity.
- Personalised bidding strategy meeting with the auctioneer prior to auction to establish bidding tactics and discuss the auction process.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Mark Larmer And Aaron Lewis to learn more about this property, request an inspection or take an online tour.

Property walkthrough

Auction

Thursday 2 June, 2:45pm
On site

Key details

Property Type:House
Block:24
Section:145
Unimproved Value:$294,000 (2021)
Rates (Residential):$2,260*
Rates (Commercial):$11,854*
Rates (Rural):$960*
Land Tax (Residential):$2,893*
*These are approximate values based on available information.
Independent Our Team

Maps and area information

Land Details
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Block information
Block 24 Section 145 Ngunnawal
Unimproved value: $294,000 (2021)
Legal description: GUNG/NGUN/145/24
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2022.
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Ngunnawal PrimaryPrimary School
0.8km
Gold Creek High SchoolHigh School
2.3km
Calvary Private HospitalHospital
10km
The MarketplaceMajor Shopping Centre
3.4km
University Of CanberraUniversity
8.7km
Gungahlin CollegeCollege
3.3km
Gungahlin Post OfficePost Office
3.6km
Aust. Defence AcademyTafe
14.8km

Home Loans

RepaymentsStamp duty & upfront costs

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
31 May 2022
Sold at auction
Independent Our Team
$835,000
Contract: 31/05/2022
Listed: 12/05/2022
Days on market: 19
Transfer type: Full transfer
28 Oct 2002
Sold
$230,000
Contract: 11/09/2002
Transfer: 28/10/2002
Block size: 338m²
Transfer type: Full transfer
Purpose: Single residential dwelling
07 Oct 1998
Sold
$115,000
Contract: 16/09/1998
Transfer: 07/10/1998
Block size: 338m²
Transfer type: Full transfer
Purpose: Single residential dwelling
17 Jan 1996
Sold
$38,000
Contract: 11/07/1995
Transfer: 17/01/1996
Block size: 338m²
Transfer type: Full transfer
Purpose: Single residential dwelling

Suburb and property insights

Median salesUnimproved value for 5 Mawalan Street
Median Sale Price For Ngunnawal
$850,000
Average Age
33 years
Population
10,486
Ngunnawal's Property Profile
Ngunnawal's Occupancy

Contact agents

Independent Our Team

Independent Our Team

View agency details
Mark Larmer And Aaron LewisIndependent Our Team
Jason El-KhouryIndependent Our Team
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Listing ID: 180623961. This listing has been viewed 4891 times. It was first displayed on 12/05/2022 and last updated on 08/06/2022.