31/260 City Walk, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

31/260 City Walk
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
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Property Details for 31/260 City Walk, City

31/260 City Walk, City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
2019
Floor Size
76m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 17, Section 12, Unit 31

Last Listing description (July 2026)

Positioned on level seven within the tightly held Highgate complex, this northerly-facing two-bedroom apartment offers the ultimate in CBD convenience where work, dining, entertainment and green spaces are all just moments from your doorstep.<br><br>Perfectly suited to city professionals and investors alike, the home combines effortless urban living with the advantage of secure rental income, making it a compelling opportunity in one of Canberra's most connected precincts.<br><br>Bathed in natural light and capturing elevated city views, the apartment showcases a functional design with quality finishes and everyday comfort. Whether you're looking to invest in a high-demand location or secure a future city residence, the appeal here lies in both lifestyle and long-term positioning.<br><br>A defined entryway creates a sense of arrival, separating the living zones for added privacy. The well-appointed kitchen features stone benchtops, soft-close cabinetry and generous storage, complemented by a neatly concealed European-style laundry with washer, dryer, tub and additional cabinetry.<br><br>The open-plan living and dining area extends seamlessly to a private northerly-facing balcony via double-glazed sliding doors. Elevated above the city, this inviting outdoor space captures the afternoon sun, ideal for relaxing or entertaining while also connecting directly to the master bedroom to enhance airflow and liveability. Zoned ducted reverse-cycle air conditioning ensures year-round comfort.<br><br>The main bedroom includes mirrored built-in robes, balcony access and a private ensuite with a full-width shower. Bedroom two is well-proportioned with built-in robes and thoughtfully separated, making it ideal for guests, shared living or a home office. A centrally located main bathroom is finished in a modern, neutral palette.<br><br>Residents of Highgate enjoy a secure, well-maintained environment with intercom entry, lift access and underground parking. Premium shared facilities include a resort-style pool, fully equipped gym, private theatre room and a landscaped BBQ terrace with lounge seating offering a balance of privacy and community rarely found in apartment living.<br><br>Set in the heart of the CBD, this address places you within easy walking distance of the Canberra Centre, Glebe Park, Canberra Theatre Centre, Casino Canberra and a variety of cafés, restaurants and bars. Commonwealth offices and the light rail are just moments away, while Lake Burley Griffin's walking and cycling paths offer a natural escape close to home.<br>Leave the car behind, reduce commute times and enjoy the everyday ease of true city living.<br><br>Currently leased under a fixed-term tenancy until October 2026, the property provides immediate rental income and long-term security. This makes it an ideal acquisition for investors seeking a low-maintenance asset in a consistently high-demand location, with future flexibility to occupy.<br><br>Whether you're expanding your portfolio or planning ahead for a future move into the city, this apartment delivers a rare combination of lifestyle, location and investment strength within one of Canberra's most sought-after developments.<br><br><br><br>Features:<br><br>Balcony with northerly aspect and city views<br><br>74m² internal living (approx.)<br><br>Double-glazed windows and sliding doors<br><br>Zoned ducted reverse-cycle air conditioning<br><br>Fully furnished (turnkey opportunity)<br><br>Secure underground car space<br><br>Intercom access and lift-serviced building<br><br>Resort-style pool and gym<br><br>Private residents' theatre room<br><br>Landscaped communal BBQ terrace with lounge seating<br><br>Walking distance to Canberra Centre, Glebe Park, Casino Canberra and Canberra Theatre Centre<br><br>Moments to light rail, Commonwealth offices and Lake Burley Griffin<br><br><br><br>The property particulars:<br><br>Located on Level 7 of 260 City Walk <br><br>Fixed term tenancy expires 25 October 2026<br><br>Current rental yield: 6.7%<br><br>Internal living space: 74m² approx<br><br>EER: 6<br><br>Rates: $539 p.q approx<br><br>Strata Fees: $1,679 p.q approx<br><br>Land Tax (for investors only): $636 p.q approx<br><br>Highgate complex built in: 2018 approx<br><br><br>Please note: Some images have been virtually styled. <br><br>Disclaimer: While all care has been taken to ensure the accuracy of the information provided, no warranty or representation is made as to its accuracy. Prospective purchasers should make their own enquiries and rely on their own investigations.<br>

Property History for 31/260 City Walk, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
04 Apr 2019
Listed for Rent
28 Oct 2025
  • 04 Mar 2026
    Listed for Sale $665,000 +
  • 24 Sep 2025
    Listed for Rent $750 / week
  • 23 Jul 2025
    Listed for Sale $695,000+
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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 3,304 properties. Over the last 5 years, Houses in City have seen a -6.24% decrease in median value, while Units have seen a 0.53% increase. As at 31 July 2026:

  • The median value for Houses in City is $468,859 while the median value for Units is $569,255.
  • Units have a median rent of $650.
There are currently 45 properties listed for sale, and 61 properties listed for rent in City on OnTheHouse. According to Cotality's data, 118 properties were sold in the past 12 months in City.

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Cotality Copyright and Legal Disclaimers about Property Data
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.