1506/2 Marcus Clarke Street, City, ACT 2601 | Property Value & History | OnTheHouse
 
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1506/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 4070m2
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Property Details for 1506/2 Marcus Clarke St, City

1506/2 Marcus Clarke St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 4070m2 and floor size of 79m2.

Building Type
Unit
Year Built
1992
Floor Size
79m2
Land Size
4070m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 1506

Last Listing description (December 2025)

Ready to occupy with the hard work already done, this fresh two bedroom apartment located in the conveniently positioned and amenity rich "Capital Tower", makes for an astute purchase. With new carpet & paint and being offered with vacant possession, the choice is yours, call the City home or make the most of the popular location driving good yields as an investment.

Unlike newer apartments, the living proportions are generous with large north facing windows capturing incredible amounts of natural light and showcasing City views. Enjoy warm mornings from the balcony or visit any one of the coffee shops only a very short walk away. Both bedrooms also face north with built in robes and roller blinds.

The kitchen features a raised oven, electric cooktop, dishwasher, pantry, microwave and serving window. A European laundry fitted with a dryer sits neatly in the bathroom with a shower over bath plus large linen cupboard for added storage.

Being located within the "Capital Tower", you have the unique choice of living in the apartment, renting privately or utilizing the "BreakFree Scheme" operated by Accor Hotels. This allows the unit to be used as a serviced apartment managed by Accor Hotels providing you with good returns and a real set and forget investment.

Features:

North facing 15th floor apartment
Brand new carpet and paint
Convenient City locale
Complex amenities such as pool, sauna, two tennis courts, gym, squash court
Balcony
Built in robes to both bedrooms
Kitchen with raised oven, electric cooktop, microwave, pantry, dishwasher
Laundry with dryer
Heating & cooling usage included in strata levy
Video intercom
Allocated basement parking spot
Concierge desk
Linen cupboard
Close to light rail stage 2A, currently under construction
Roller blinds throughout

Living size: 78.5sqm*
Balcony size: 5sqm*
Strata levy: $2,707.61pq* (Heating & cooling usage included)
Rates: $627pq*
Land Tax: $766pq* (Applicable if not primary place of residence)

*approx.

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Property History for 1506/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$490/w
17 Nov 2016
  • 27 Jun 2024
    Listed for Sale $467,500
  • 24 Aug 2016
    Listed for Rent $490 / week
  • 20 Dec 2012
    Listed for Rent - Price not available
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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 3,354 properties. Over the last 5 years, Houses in City have seen a -12.45% decrease in median value, while Units have seen a 15.37% increase. As at 30 November 2025:

  • The median value for Houses in City is $649,935 while the median value for Units is $580,743.
  • Houses have a median rent of $653 while Units have a median rent of $650.
There are currently 32 properties listed for sale, and 46 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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© 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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