40/1-3 Gordon Street, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

40/1-3 Gordon Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 6923m2
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Property Details for 40/1-3 Gordon St, City

40/1-3 Gordon St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 6923m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2007
Floor Size
72m2
Land Size
6923m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 228

Last Listing description (December 2021)

Want a picturesque pad prior to Christmas? That's right there is early access so you can even move in before Santa comes. Just think you could be setting up the Christmas Tree in a matter of days.

Where you live becomes a part of who you are; the atmosphere inspires you, the people on the streets influence you & the nearest caf is soon to be your favorite haunt. So why wouldn't you want to live in a thriving metropolis surrounded by the culture & convenience of the city?

Welcome to 'The Metropolitan', where contemporary living is infused with comfort & ease & your next social engagement is held right around the corner. Invite your friends over for a Friday afternoon drink & take in the sunset over Black Mountain from your balcony.

In every direction there is something to entertain & enjoy, from the shores of Lake Burley Griffin to the variety of cafes, restaurants & bars, the many galleries, theatres & libraries at ANU. You may never need your car again with the light rail stop just a short stroll away. Live where you want, how you want, in the very heart of the nation's capital.

What buyers will love most:
-One of the largest floorplans available in the building
-The unit runs the full length of the building and has balconies on each end
-Great cross flow ventilation
-North facing
-Top floor
-Lovingly cared for & beautifully presented
-Vacant possession

Apartment features:
-Modern kitchen with stone benchtops, mobile island bench (move this around to change your kitchen design and how you use the open plan living area), stainless steel appliances & dishwasher
-Large bedroom big enough for a king size bed with his and hers, mirrored robes & access to the 2nd balcony.
-There is also a large nook in the bedroom, perfect for a drawers or desk and study area.
-Reverse cycle air conditioning
-Laundry with dryer and separate linen cupboard
-1 allocated car space plus a Colourbond storage enclosure

The Metropolitan features:
-Resort style facilities including an Indoor heated lap pool & sauna
-Fully equipped gym over two areas
-BBQ facilities in common courtyard/entertaining space
-NBN
-Intercom & lift access
-Rubbish chute
-Pets welcome (subject to body corporate notification)
-Walking distance to an array of Canberra's trendiest cafes & bars
-Less than 10-minute walk to The Australian National University & scenic Lake Burley Griffin

The Numbers:
Internal living area: 74m2
Balcony: 11m2
Age of unit: 14 years old (built 2007)
General rates: $1,724 p.a.
Land tax (investors only): $1,979 p.a.
Strata levies: $5,275 p.a.
Water & sewerage rates: $667 p.a.
Rental potential: $520 /week
Potential to rent the car space alone for $75/week or $3,900/year
EER: 6 stars
Strata manager: Signature Strata. UP 3063
Total funds saved in body corporate: $3,517,000

To help buyers:
-We have a solicitor pre-allocated to provide a FREE contract review.
-Offers are confidential & not disclosed to other buyers.
-Buyers just need a 5% deposit.

Property History for 40/1-3 Gordon St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$500,000
01 Dec 2021
Listed for Rent
$990/w
09 May 2019
  • 01 Dec 2021
    Sold for $500,000
  • 23 Nov 2021
    Listed for Sale Offers Over $450,000
  • 09 May 2019
    Listed for Rent $770 / week
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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 3,374 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 49 properties listed for rent in City on OnTheHouse. According to Cotality's data, 129 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.