505/240 Bunda Street, City, ACT 2601 | Apartment for sale | OnTheHouse
 
FOR SALE
$825,000+

505/240 Bunda Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 128m2
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Exceptional Proportions in the Heart of the City

What you see:
A north-facing corner residence offering 112m² of internal living plus a 16m² balcony. The floorplan is exceptionally well proportioned, with two separate living areas, two ensuited bedrooms, a guest powder room and secure parking for two cars.
What we see:
A genuine house-like alternative, offering a level of space and separation rarely found in the City. The corner position provides greater privacy, while the northern aspect fills the home with natural light throughout the day. Two distinct living zones create flexibility to entertain, unwind or work from home, and with no residential apartments directly opposite, the outlook feels noticeably more open and private. Views towards Mount Ainslie and Black Mountain further add to a sense of space that sets this residence apart from the typical apartment experience.
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North-facing corner position within 'Manhattan on the Park'
112m² of internal living plus a 16m² balcony
Two separate living areas
Open-plan kitchen, living and dining
Views towards Mount Ainslie and Black Mountain
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Property Details for 505/240 Bunda St, City

505/240 Bunda St, City is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 128m2. The place is currently for sale with Hive Property.

Building Type
Apartment
Floor Size
128m2
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About City 2601

The size of City is approximately 1.4 square kilometres. There are 8 parks, covering nearly 9.9% of the total area. The population of City in 2016 was 4276 people. By 2021 the population was 4835 showing a population growth of 13.1% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation.In 2021, 36.30% of the homes in City were owner-occupied compared with 30.00% in 2016.

City has 3,334 properties. Over the last 5 years, Houses in City have seen a -11.77% decrease in median value, while Units have seen a -2.53% decrease. As at 31 August 2026:

  • The median value for Houses in City is $482,479 while the median value for Units is $559,758.
  • Units have a median rent of $650.
There are currently 46 properties listed for sale, and 67 properties listed for rent in City on OnTheHouse. According to Cotality's data, 120 properties were sold in the past 12 months in City.

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Tom Wiggins
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Josh Poole
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Hive Property
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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