34 Allara Street, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

34 Allara Street
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: 7
Land area: 1735m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 34 Allara St, City

Building Type
Commercial
Land Size
1735m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 4, Section 12

Last Listing description (October 2019)

40 Allara is located on the corner of Allara and Nangari Streets which is ideally located for access to the Canberra Centre shopping complex, recreational facilities (Glebe Park, Commonwealth Park, Civic Pool and gymnasium), conference facilities at the nearby Canberra Convention Centre, Casino Canberra, and hotel facilities (Crown Plaza, Waldorf and QT).
Level 5 has been fully refurbished and offers excellent natural light and outlook.
Car parking can be provided on a ratio of 1 bay:165sqm on level 1 (covered) and level 2 podium (uncovered), with both areas accessed by vehicle ramps from Rabaul Lane. The building is also in close proximity to additional undercover and surface parking, the civic bus interchange which has express connection to all areas of Canberra, cycle and pedestrian pathways. The End of Trip Facilities have also been recently upgraded and expanded, providing modern and clean facilities.

40 Allara is currently 4 stars NABERS energy rating, targeting 4.5 star NABERS energy rating.

Property History for 34 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$23,000,000
17 Jul 2019
Listed for Rent
14 Oct 2019
  • 17 Jul 2019
    Sold for $23,000,000
  • 10 Jun 2019
    Listed for Rent - Price not available
  • 18 Jan 2019
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 3,352 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 37 properties listed for sale, and 46 properties listed for rent in City on OnTheHouse. According to Cotality's data, 124 properties were sold in the past 12 months in City.

Suburb Insights for City 2601

Market Insights
City Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
City Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.