505/1 Watkin Street, Bruce, ACT 2617 | Property Value & History | OnTheHouse
 
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505/1 Watkin Street
Bruce ACT 2617

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 2400m2
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Last updated 29 Dec 2025
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Property Details for 505/1 Watkin St, Bruce

505/1 Watkin St, Bruce is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 2400m2 and floor size of 57m2.

Building Type
Unit
Year Built
2010
Floor Size
57m2
Land Size
2400m2
Local Government
Belconnen
Lot/Plan
BRUCE: Block 19, Section 109, Unit 75

Last Listing description (July 2025)

This centrally located apartment is within easy walking distance to the AIS, North Canberra Hospital, CIT, Radford College and University of Canberra. A little further afield is Belconnen Town Centre, the Canberra CBD and Australian National University.

Sited on the top floor of this master built Hindmarsh development, this light filled apartment presents as good as new. There is seriously not a cent to spend. The whole development presents likewise including the common areas, pool, basement parking and lift.

Inside this corner apartment, lovely bush and suburban views are captured on two sides and from the wrap around balcony off the living area. This is adjacent to the kitchen which features stone benchtops and stainless steel Blanco appliances. The bedroom is generously sized and boast a large built in robe. The bathroom and laundry are pristine!

Your comfort is assured with reverse cycle air conditioning, top floor location, secure intercom entry and lift to basement.

This apartment would be an ideal first home or savvy investment in this high demand location.

Features Include:

Everything 'as new'
Not a cent to spend
Secure entry & parking
Wrap around balcony
Top floor location
Central to EVERYTHING!
Pool in complex
Hindmarsh built
This won't last!

Outgoings & Property Information:

Living size: 59 sqm
Body Corporate Fees: $4,688.00 per annum
Rates: $1,760 per annum
Land tax (if rented): $2,164.16 per annum
Expected rent: $550 per week
Year Built: 2010
EER: 5

Disclaimer:
Whilst we take all due care in gathering details regarding our properties either for sale or lease, we accept no responsibility for any inaccuracies herein. All parties/applicants should rely on their own research to confirm any information provided.

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Property History for 505/1 Watkin St, Bruce, ACT 2617

A timeline of how this property has performed in the market
Listed for Rent
$480/w
06 Mar 2024
  • 24 Apr 2025
    Listed for Sale $380,000 - $420,000
  • 09 Feb 2024
    Listed for Rent $480 / week
  • 13 Dec 2022
    Listed for Rent $450 / week
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About Bruce 2617

The size of Bruce is approximately 6.6 square kilometres. It has 11 parks covering nearly 36.7% of total area. The population of Bruce in 2016 was 6997 people. By 2021 the population was 7520 showing a population growth of 7.5% in the area during that time. The predominant age group in Bruce is 20-29 years. Households in Bruce are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bruce work in a professional occupation.In 2021, 46.60% of the homes in Bruce were owner-occupied compared with 39.60% in 2016.

Bruce has 3,443 properties. Over the last 5 years, Houses in Bruce have seen a 23.95% increase in median value, while Units have seen a 29.70% increase. As at 30 November 2025:

  • The median value for Houses in Bruce is $1,093,194 while the median value for Units is $593,069.
  • Houses have a median rent of $628 while Units have a median rent of $550.
There are currently 20 properties listed for sale, and 14 properties listed for rent in Bruce on OnTheHouse. According to Cotality's data, 170 properties were sold in the past 12 months in Bruce.

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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.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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