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

40/3 Gordon Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 40/3 Gordon St, City

40/3 Gordon St, City is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2007. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
2007
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 223

Last Listing description (August 2024)

Top Floor Elegance: Picture 'The Metropolitan' Lifestyle

Step into 'The Metropolitan,' where modern living seamlessly blends with tranquility, and the city's heartbeat is right at your doorstep. Picture inviting friends for leisurely Friday drinks, soaking up the vibrant street ambiance - that nearby caf is destined to be your cherished retreat. With an array of trendy cafes and bars just steps away, and the iconic Lake Burley Griffin within easy reach, the allure of metropolitan living is irresistible. Picture the lifestyle.

Perched on the top floor, discover a meticulously maintained, generously sized apartment with an internal entrance on the upper level. Its clever three-level design, reminiscent of a townhouse, is complemented by dual balconies and floor-to-ceiling windows that flood the space with natural light and fresh breezes. Enjoy breathtaking views of Black Mountain from the balcony in the living room. Thoughtful touches like downlights and convenient storage enhance its appeal.

The open-plan kitchen beckons with a sleek stone benchtop and a versatile movable island. Equipped with Fisher & Paykel appliances, including an electric oven and cooktop, alongside a dishwasher, it ensures seamless culinary adventures. The spacious living room, adorned with lofty high ceilings and a split system for comfort, offers ample space for relaxation and entertainment.

Retreat to the generously sized bedroom, easily accommodating a king-size bed, complete with a built-in robe for organized storage. Step out onto the balcony for tranquil moments amidst lush garden views. The European-style bathroom, boasting a 5.5kg washer/dryer combo and tasteful tiling, exudes functionality and style.

Convenience is key, with a Colorbond storage cage in the car space and ample parking for one vehicle. 'The Metropolitan' doesn't just promise luxury living; it delivers with resort-style amenities like an indoor heated lap pool, sauna, and fully equipped gym. BBQ facilities in the common courtyard beckon outdoor gatherings, while a rubbish chute ensures easy waste disposal.

Investment Opportunity: This apartment presents a unique chance for discerning buyers and astute investors, with a proven track record in Canberra's thriving rental market. Don't miss the opportunity to own a slice of luxury in the heart of the city.

The Perks:
Clever three-level design with internal entrance on upper level
Developed by Amalgamated Property Group
North-West facing aspect for ample sunlight year round
Breathtaking views of Black Mountain
Dual balconies and floor to ceiling windows for ample natural light and cross ventilation
Study nook and additional storage
Open-plan kitchen with stone benchtop and movable island
Fisher & Paykel electric oven, cooktop, and dishwasher
Lofty high ceilings in living room
Split system for comfort
Generous bedroom with built-in robe and balcony access
European laundry with 5.5kg LG washing machine + Fisher & Paykel dryer
Colorbond storage cage in car space
Resort-style amenities: indoor heated lap pool, sauna, fully equipped gym
BBQ facilities in common courtyard
Rubbish chute for easy waste disposal
Pet-friendly policy (subject to body corporate notification)
NBN connectivity with FTTB
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: 72m
Balconies: 11m
Total: 83m
Level: 5
Build: 2007
Strata levies: $1,567.73 p.q. (approx.)
General rates: $502.54 p.q (approx.)
Land tax (investors only): $636.39 p.q (approx.)
Water & sewerage rates: $188.57 p.q. (approx.)
Rental potential: $520/pw (approx.)
Potential to rent the car space alone for $75/week or $3,900/year
EER: 6 stars
Strata manager: Signature Strata.

Explaining the private treaty process:
- To ensure a fair & equitable process, all offers are confidential. This gives our buyers peace of mind that we will not disclose an offer to another buyer in an attempt to force that buyer's intent. For guidance on when offers close and how best to submit an offer, please contact the agent directly.

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

A timeline of how this property has performed in the market
Last Sold
$510,000
26 Aug 2024
  • 25 Aug 2024
    Sold for $510,000
  • 25 Jul 2024
    Listed for Sale Sold
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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 -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 36 properties listed for sale, and 48 properties listed for rent in City on OnTheHouse. According to Cotality's data, 130 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.