101/77 Northbourne Avenue, Turner ACT 2612

1 beds 1 baths 1 cars
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Spachus Insights

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Price position Below suburb median

38.4% below the current suburb median listing price.

Buyer negotiation signal Competitive conditions

The suburb median sold price is $1,000 above the median listing price.

Selling pace Slower than typical

53 days typical · Property listed 590 days (1,013% longer).

Property details

The Story....

Perfectly positioned just minutes walk from the Canberra CBD this modern split-level one-bedroom apartment presents an exceptional investment opportunity for a savvy investor or first home purchase. Purchasing in 2012 as an investment property the current homeowner has enjoyed strong investment returns ever since demonstrating the apartments appeal not only as a comfortable residence but also as a lucrative investment option.
1Bedrooms 1Bathrooms 1Car spaces ApartmentProperty type

Turner market

Full suburb report
Median listing$649,000
Median sold$650,000
Typical selling time53 days
Tracked sold properties56
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Spachus Property Estimate $450,500 Automated estimate based on available property and market data. Not a formal valuation.
Asking vs estimate -$50,500 11.2% below the Spachus estimate

Property Overview

101/77 Northbourne Avenue, Turner ACT 2612 is an apartment. It has 1 bedroom, 1 bathroom and 1 car space. It is currently listed at $400,000. It has been on the market for 590 days. In Turner, the median listing price is $649,000 and the median sold price is $650,000. Its current asking price is $249,000 (38.4%) below the Turner median listing price. Properties in Turner typically sell in around 53 days based on Spachus tracked sales data. It has currently been on the market 537 days longer than the Turner typical selling time.

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Property history

Previous sales

FEB 2012
$410k PRIVATE TREATY
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