129/20 Allara Street, City, ACT 2601 sold on 21 October 2025 | OnTheHouse
 
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Sold on 21 Oct 2025 for $566,500

129/20 Allara Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
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Property Details for 129/20 Allara St, City

129/20 Allara St, City is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Apartment sold in City in the last 12 months.

Building Type
Apartment
Floor Size
70m2

Last Listing description (October 2025)

Discover vibrant city living at Unit 129 Park Avenue, where every day is an adventure. Positioned on Canberra's treelined boulevard, "City Walk", you'll be part of Canberra's premier shopping, dining, and cultural scenes. Offering an impressive 70m2 of internal living space that is highlighted by black mountain views, a modern kitchen with designer cabinetry, & side-by-side refrigerator. All sectors of the market are catered for with this outstanding opportunity.

Features:

* Rise above the city in the sleek Park Avenue apartments, offering a minimalist European design in the heart of the City.

* Bespoke living with floor-to-ceiling windows, Parisi fixtures, Franke appliances, and deluxe finishes.
* Stay fit in the state-of-the-art gym and unwind with family at the landscaped gardens and BBQ areas.
* Experience city sophistication in Unit 129, featuring two bedrooms, urban vistas, and seamless indoor-outdoor living.
* Wake up to natural light in the spacious main bedroom with built-in robes and timber floors.
* Entertain in style with a gourmet kitchen, stone benchtops, and premium appliances.
* Benefit from a central location convenient to nearby dining, shopping, and Canberra Theatre.
* Ideal for investors with competitive rental returns and manageable land tax and levies.

Reasons to Buy:

* Rates approximately \$1200 per annum (excluding water).
* Levies around \$4821 per annum.
* Apartment size: 70m² living space + 15m² balcony.
* Land tax approximately \$1693 per annum (for investors).

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Property History for 129/20 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$566,500
21 Oct 2025
  • 21 Oct 2025
    Sold for $566,500
  • 29 Jul 2025
    Listed for Sale $559,000+
  • 31 Mar 2021
    Sold for $549,900
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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 3,356 properties. Over the last 5 years, Houses in City have seen a -17.23% decrease in median value, while Units have seen a 9.32% increase. As at 31 December 2025:

  • The median value for Houses in City is $1,483,324 while the median value for Units is $572,670.
  • Houses have a median rent of $650 while Units have a median rent of $655.
There are currently 32 properties listed for sale, and 49 properties listed for rent in City on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in City.

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