106/2-8 Akuna Street, City, ACT 2601 | Property Value & History | OnTheHouse
 
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106/2-8 Akuna Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 2306m2
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Last updated 18 May 2026
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Property Details for 106/2-8 Akuna St, City

106/2-8 Akuna St, City is a 1 bedroom, 1 bathroom Unit and was built in 1972. The property has a land size of 2306m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1972
Land Size
2306m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 13, Section 12, Unit 106

Last Listing description (May 2026)

Positioned in the heart of the city, this presents a fantastic opportunity to secure a modern, low-maintenance apartment within a professionally managed hotel lease schemeideal for investors seeking a set-and-forget asset.

This well-appointed one-bedroom apartment features a spacious bedroom with built-in wardrobe, a sleek and modern bathroom, and a light-filled open-plan living and dining area. Its desirable north-facing aspect ensures excellent natural light throughout the day, enhancing the warm and inviting feel of the space.

The living area flows seamlessly onto a private balcony, offering a pleasant outlook and an appealing feature for guests. The contemporary kitchen is fitted with quality appliances and ample storage, catering perfectly to short- or long-stay accommodation needs.

Currently part of a hotel lease arrangement, this property provides the benefit of consistent rental returns without the hassle of day-to-day management. Its an ideal addition to any investment portfolio, offering convenience, security, and income potential in a sought-after central location.

Enjoy a hands-off investment in a high-demand area, just moments from cafs, restaurants, shopping, and public transport.

In Summary:
- One-bedroom apartment with built-in wardrobe
- Modern bathroom with quality finishes
- Bright north-facing aspect with abundant natural light
- Private balcony for added appeal
- Open-plan living and dining area
- Contemporary kitchen with ample storage
- Secure building in a prime city location
- Currently leased under a hotel management scheme

Figure Summary (all approx.)
- Internal living: 56m2
- Balcony: 12m2
- Body Corporate: $2157.26 per qtr.
- General Rates: $560 per qtr.
- EER: 6.0 stars

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Property History for 106/2-8 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$360,000
09 Sep 2022
  • 07 May 2026
    Listed for Sale $295,000+
  • 09 Sep 2022
    Sold for $360,000
  • 19 May 1999
    Sold for $171,000
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About City 2601

The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of 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 3,374 properties. Over the last 5 years, Houses in City have seen a -51.66% decrease in median value, while Units have seen a 9.35% increase. As at 30 April 2026:

  • The median value for Houses in City is $443,348 while the median value for Units is $590,285.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 53 properties listed for sale, and 49 properties listed for rent in City on OnTheHouse. According to Cotality's data, 129 properties were sold in the past 12 months in City.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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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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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