Home/Properties/Hackett/7/127 Madigan Street
7/127 Madigan Street, Hackett$299,000
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7/127 Madigan Street

Hackett, ACT 2602, Australia
$299,000
1 bed 1 bath

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About this property

Vacant possession available from September. Currently leased at $320 per week. Inspections by appointment, please call to arrange. Positioned in a quiet, well-connected pocket, this ground floor apartment offers a smart and low maintenance opportunity for investors, downsizers and students alike. With a functional open plan layout and easy access to key amenities, it delivers strong rental appeal and everyday convenience in equal measure. The open plan living, dining and kitchen area is practical and light filled, featuring a well-equipped kitchen with ample storage and a Nova gas cooktop and oven. Carpet throughout, block out curtains and natural light from East and West facing windows create a comfortable living environment. The bedroom includes built in storage, while the bathroom incorporates an integrated laundry for added convenience. Communal facilities including laundry, clotheslines and a lock up bike shed further enhance the overall functionality. With on site and visitor parking, a quiet neighbourhood setting and ground floor accessibility, the property is easy to live in and even easier to lease. Positioned within walking distance to Dickson College, the Australian Catholic University and local shops, and just minutes to Dickson Town Centre, this is a highly convenient location with consistent rental demand from students and professionals. Property Features: Open plan living, dining and kitchen with a simple, functional layout Kitchen with ample storage, and Nova standalone gas cooktop + oven Carpet throughout Block out curtains South facing with east and west facing windows allowing natural light Built in wardrobe with overhead storage Bathroom with integrated laundry, vanity, shower, toilet and shaving cabinet Communal laundry Communal clotheslines On site + visitor parking Ground floor positioning Lock up bike shed Quiet neighbourhood Close to schools, university, shops, parks and a wide range of local amenities Nearby Amenities: PEA: Ainslie School 4.1km (7 min drive) PEA: North Ainslie Primary School 1.6km (3 min drive) PEA: Campbell High School 4.9km (8 min drive) PEA: Gungahlin College 11.9km (16 min drive) PEA: Dickson College 800m (10 min walk) Local Hackett Shops 750m (10 Min Walk) Dickson Shopping Centre 2.3km (4 Min Drive) Watson Shops 2.2km (3 Min Drive) Australian Catholic University 1.2km (15 Min Walk) University of Canberra 8.6km (12 Min Drive) CIT Reid 5.8km (10 Min Drive) UNSW Australian Defence Academy 7.3km (10 Min Drive) Blue Gum Pre + Primary School 2.7km (5 Min Drive) Calvary Private Hospital 8.7km (13 Min Drive) Property Specification: Built: 1974 Internal living: 36.70m2 Energy Efficiency Rating (EER): 6 Stars Rates: $888.00pq Land Tax (Investors Only): $1,627.13pq Strata Manager: Wright Dunn Body Corporate (Admin + Sinking): $1,050.00pq Units in Complex: 28 Weekly Rent $320pw * To receive the Contract for Sale, Building Report and other relevant property documents, please complete the online request form. Documents are delivered to your email within 10 minutes, 24 hours a day, 7 days a week. Please check both your inbox and junk folder. Under the ACT/NSW property sales process, an accepted offer does not constitute a binding agreement. The property may continue to be marketed, inspected and offered for sale until contracts have been formally exchanged. Whilst every effort has been made to ensure the accuracy of the information provided, all figures, measurements, descriptions, plans, images and other details are approximate only and should not be relied upon as a representation of fact. Interested parties should make their own enquiries and obtain independent legal, financial and professional advice before making any decisions. By submitting an enquiry, you consent to Agent Team contacting you regarding this property, similar properties, property market updates, and other real estate services that may be of interest to you. You may unsubscribe from marketing communications at any time. All personal information is collected, stored and handled in accordance with our Privacy Policy, available at agentteam.com.au.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,450/month
$725 /fortnight
Loan $239,200 at 6.10% over 30 years

Upfront costs

Deposit$59,800
Stamp duty$2,132
Conveyancing (est.)$2,000
Total upfront$63,932
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 Hackett

This 1-bedroom apartment in Hackett, ACT 2602 sits within reach of public transport, local shops and nearby schools. It is listed 75% below the $1.18m median of 54 comparable apartmentswithin 5 km.

Schools near Hackett

  • Blue Gum Community Schoolcombined · K-10 · CoEd

What's nearby

  • Blue Gum Primary School Madigan Street (bus)481 m away
  • Monkey Wrench Cycles587 m away
  • Unnamed177 m away
  • Unnamed183 m away
  • Calvert Park378 m away

Hackett at a glance

Full suburb profile
Population
3,227
Median age
40
Household income
$2,623/wk
Median rent
$374/wk
Median mortgage
$2,500/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Hackett price trend

Median sold · House 3 bed

Compound growth -1.2% / yr over 4 yrs

$1.22mcurrent median

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1 price change recorded for this property

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