Sold
$330,000
agency logo

40/17 Medley Street, Chifley ACT 2606

Unit / Apartment2111.0
Block size: 1.07 Hectares approx.Unit / Apartment size: 84 m² approx.

Repayments are less than rent

A "rent buster" special for first home buyers.  

This represents an opportunity to give your landlord the flick and start paying off your own mortgage, not his. And yes, the figures are right, you can enjoy the benefits of ownership at a price that is less than the weekly rental this property would attract. It's called a no brainer when you have the opportunity to start the new year as a homeowner.

All you need do is come up with the deposit and the other costs and you could get off the rental treadmill and fix your stake in the Canberra property market. If it sounds too good to be true, then come have a look and we can discuss what you need to do.

So, what do you get? Firstly, this is a 2 bedroom unit in a solid brick, older style project. It has a separate laundry and a separate bathroom, comprising a WC, bath and separate shower recess. Plus, there is a good size living dining area and separate kitchen, as well as a balcony. There is a covered carport under the building and your own storage cupboard. Plus, the building has a security door access to the stairwell, all controlled from your unit.

Located in the middle of the Woden Valley means it is only a 10-minute stroll to the local shops or to Woden. And if you want to drive, the easy access to the Canberra road network means it is 15 minutes to the City and less to Russell and/or the Parliamentary Triangle. Just Magic.

So, what's the catch. Well, the property has been rented for many years so let's not be shy; it will need a bit of a tidy up and some renovation, just like on the TV show - The Block. But with this property you could live there while you did all the work yourself.

If the family could support your loan application, you may need very little in terms of a deposit, and then you would be set. The Canberra market has been very strong over the past 12 months and people are clamouring to get into the market. So, if you are renting and want to stop losing money this is the opportunity you don't want to miss.

If you want to take advantage of the opportunity, then call today to arrange an inspection.
Can I afford this property?

Inspections

No open inspections scheduled.

Send an enquiry

Contact Michael Wellsmore to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Unit / Apartment
Block Size:1.07 Hectares*
Unit / Apartment Size:84 *
*These are approximate values based on available information.

Past sales

Property History
It's now easier to find past sales
We've built you a better time machine. Find it in the new property history section.
LJ Hooker Belconnen

Maps and area information

Land Details
There's a lot more to see
Using overlays will allow you to see details such as school catchments, zoning and easements.
Error loading maps. Please try again later.
Block information
Block size: 1.07Hectares (approx)
Block Map
No block information available
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2021.
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

Mawson PrimaryPrimary School
1.2km
Melrose High SchoolHigh School
1km
The Canberra HospitalHospital
1.8km
Woden PlazaMajor Shopping Centre
1km
Australian National UniversityUniversity
8.8km
Marist College CanberraCollege
0.5km
Phillip Post OfficePost Office
1.1km
Canberra Institute Of TechnologyTafe
1.2km

Property history
New

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
02 Mar 2021
Sold
LJ Hooker Belconnen
$330,000
Contract: 02/03/2021
Listed: 03/02/2021
Days on market: 27
Transfer type: Full transfer
19 Apr 2001
Sold
$122,000
Contract: 09/02/2001
Transfer: 19/04/2001
Block size: 10736m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling
12 Dec 1994
Sold
$113,000
Contract: 12/12/1994
Transfer: 12/12/1994
Block size: 10736m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling

Suburb and property insights

Median salesMedian sales
Median Sale Price For Chifley
$785,000
Average Age
38 years
Population
2,407
Chifley's Property Profile
Chifley's Occupancy

Contact agents

LJ Hooker Belconnen

LJ Hooker Belconnen

Licensed Agent & REIACT Member
REIACT
View agency details
Michael WellsmoreLJ Hooker Belconnen
Please send me information on 40/17 Medley Street, Chifley ACT 2606
Only to be used for sending genuine email enquiries to the Agent. All Homes Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Listing ID: 179175451. This listing has been viewed 1013 times. It was first displayed on 03/02/2021 and last updated on 03/03/2021.