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1/103 Canberra Avenue, Griffith$540,000
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Soldapartment

1/103 Canberra Avenue

Griffith, ACT 2603, Australia
$540,000
2 bed 2 bath 1 car78 m²

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About this property

Positioned in the heart of Canberra's Inner South, this spacious two bedroom ground-floor apartment offers a wonderful opportunity to acquire an outstanding property to add value and to enjoy for many years to come. This super convenient central location provides unsurpassed convenience to the fabulous selection of Inner South restaurants/cafes/boutiques, Fyshwick Markets, Kingston Foreshore/Lake Burley Griffin and surrounding parks, as well as the employment hubs of the Parliamentary Triangle, Deakin, Woden Town Centre, Russell offices, Canberra airport and the City. Public transport options and local schools are also within easy access. The generous proportions of the living area offers tremendous flexibility for modern day living with numerous options for the placement of both living and dining room furniture to suit individual needs. The centrally located kitchen offers extensive bench space, as well as plenty of storage. Both bedrooms are extra-spacious with one boasting a second shower and vanity basin as an added bonus. The main bathroom features a shower, toilet and vanity basin. Another enticing feature is the almost seamless transition from indoor to outdoor living through the large glass door/windows to the HUGE courtyard which is perfect for those with children, pets (subject to body corporate approval), or keen gardeners. Additional features of the property include a European style laundry, a split-system air-conditioner for year-round comfort, plus an extra-long allocated carport which could accommodate a car in addition to a motorbike or trailer. 'Rinegolde Park' is a pleasant boutique complex of only 20 apartments. This sought-after apartment represents a perfect opportunity for first home buyers and/or investors to obtain a foothold into Canberra's exclusive Inner South market as an astute investment opportunity. In summary, the features of this sought-after property include: . Spacious single-level two bedroom ground floor apartment . Living area provides flexible living options . Kitchen with plenty of cupboard and bench space . Spacious bedrooms with built-in wardrobes . Second bedroom with ensuite-style shower and vanity . Split-system air-conditioner . HUGE enclosed courtyard . Extra-long allocated carport . Minutes from Kingston/Manuka shops, Kingston Foreshore, parks and public transport Living: 78m2 (approx) Courtyard: 57m2 (approx) Rates: $787.00 per quarter (approx) Strata: $2,227.38 semi-annual (approx) Land Tax: $1,075.52 per quarter (approx) (Only payable if not principal place of residence) EER: 2.5 Stars Disclaimer: All information contained herein is gathered from external sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries and satisfy themselves in all respects.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
78 m²
Listed
2 months ago

Repayment calculator

$2,618/month
$1,309 /fortnight
Loan $432,000 at 6.10% over 30 years

Upfront costs

Deposit$108,000
Stamp duty$10,682
Conveyancing (est.)$2,000
Total upfront$120,682
Verify with ACT revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Griffith

This 2-bedroom apartment in Griffith, ACT 2603 sits within reach of public transport, local shops and nearby schools. It is listed 17% below the $649,000 median of 65 comparable apartmentswithin 5 km.

Schools near Griffith

  • St Edmund's College Canberracombined · 4-12 · Boys
  • St Clare's Collegesecondary · 7-12 · Girls

What's nearby

  • St Edmunds College McMillan Crescent (School Services Only) (bus)235 m away
  • UCI ACT213 m away
  • Unnamed596 m away
  • Unnamed622 m away
  • Unnamed641 m away

Griffith at a glance

Full suburb profile
Population
5,328
Median age
38
Household income
$2,542/wk
Median rent
$462/wk
Median mortgage
$2,118/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Griffith price trend

Median sold · Unit 2 bed

Compound growth +0.7% / yr over 4 yrs

$655kcurrent median

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