814/220 Melrose Drive, Phillip ACT 2606
1 beds
1 baths
1 cars
Spachus Insights
View Phillip market
Price position
Below suburb median
24.9% below the current suburb median listing price.
Buyer negotiation signal
Buyer negotiation
The suburb median sold price is $21,000 below the median listing price.
Selling pace
Slower than typical
56 days typical · Property listed 392 days (600% longer).
Property details
Modern Apartment Living in the Heart of Woden Only 1 Year Young
Welcome to WOVA Wodens most exciting residential precinct. Completed just a year ago this beautifully maintained apartment offers the perfect blend of modern finishes resort-style amenities and unbeatable location. Ideal for first-home buyers professionals or investors this is a rare opportunity to secure a near-new home in the thriving Woden Valley.
1Bedrooms
1Bathrooms
1Car spaces
ApartmentProperty type
Phillip market
Full suburb reportMedian listing$519,000
Median sold$498,000
Typical selling time56 days
Tracked sold properties114
Spachus Property Estimate
$415,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$25,000
6.0% below the Spachus estimate
Property Overview
814/220 Melrose Drive, Phillip ACT 2606 is an apartment. It has 1 bedroom, 1 bathroom and 1 car space. It is currently listed at $390,000. It has been on the market for 392 days. In Phillip, the median listing price is $519,000 and the median sold price is $498,000. Its current asking price is $129,000 (24.9%) below the Phillip median listing price. Properties in Phillip typically sell in around 56 days based on Spachus tracked sales data. It has currently been on the market 336 days longer than the Phillip typical selling time.
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