4/1-3 Gordon Street, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

4/1-3 Gordon Street
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 101m2
Land area: 6922m2
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Property Details for 4/1-3 Gordon St, City

Building Type
Commercial
Year Built
2007
Floor Size
101m2
Land Size
6922m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 8

Last Listing description (February 2018)

This spacious one-bedroom apartment with modern furnishings is available for either residential or commercial use. Run your small business from this magnificent street frontage on the corner of London Circuit and Gordon Street in the Canberra CBD with a high volume of foot and car traffic.

The property is filled with an abundance of natural light, has experienced high rental yields and would accommodate many business types. Walking distance to shops, cafe's, restaurants, public transportation and so much more.

Features include

- Huge open plan living
- Best location of any commercial property in the area
- Split level New York style loft property
- Approx. 90m of internal living
- Well equipped kitchen with stainless steel appliances
- Balcony with beautiful city views
- Lift access for basement parking
- Indoor pool, gym, sauna and BBQ area
- Close to the Australian National University, New Acton including the Palace Electric cinema
- Short walking distance to Lake Burley Griffin
- On the doorstep of public transportation, Canberra Centre and the CBD
- EER: 3.0

Property History for 4/1-3 Gordon St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$650,000
15 Feb 2018
Listed for Rent
$650/w
15 Dec 2017
  • 15 Feb 2018
    Sold
  • 15 Feb 2018
    Sold for $650,000
  • 15 Feb 2018
    Sold for $650,000
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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 3,371 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 51 properties listed for sale, and 45 properties listed for rent in City on OnTheHouse. According to Cotality's data, 133 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.