Property Details for 42/2 Edinburgh Ave, City
42/2 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit 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 May 2022.
Last Listing description (May 2022)
Premium City Location
Conveniently located on the City's doorstep and within easy walking distance to the future light rail extension and the ANU, this bright and spacious 1 bedroom apartment at the always popular Metropolitan, offers the very best of city living.
The address, in one of the most desired parts of the City, is just opposite the New Acton arts, entertainment and restaurant precinct with an array of quality venues, sculptures and gardens. A little further afield but still within easy walking distance is the National Museum of Australia, the National Science Academy and a host of walking and cycling tracks among the beautiful natural surrounds of Lake Burley Griffin.
The apartment is situated on Level 5 and faces north into the peaceful inner tree covered courtyard which includes barbecues, covered entertaining spaces and even outdoor games. Inside there is a well maintained lap pool and gym, plus a sauna and quality shower and changeroom facilities.
Built by Hindmarsh on behalf of developer Amalgamated Property Group and completed in 2007, the Metropolitan building won several MBA building awards including:
MBA Award for National Building Excellence Award - Residential Category
MBA Award for Medium Density Project of the Year - 2007
MBA Award for High Rise Apartment Building over three-storeys in - 2007
MBA Award for Medium Density Housing Apartments/Units in - 2007
Having stood the test of time, the apartment retains a contemporary feel and is generously sized in comparison to many more recently constructed city apartments. It's in great condition, has had a fresh coat of paint and a new electric stove top, and comes complete with single drawer dishwasher, fridge, washing machine and clothes dryer.
Perfect for a live in owner or investor, the apartment is vacant and ready now for immediate occupation.
Features include:
- Generous, north facing living area
- A good sized kitchen with movable island bench
- Stainless steel appliances including dish drawer and fridge
- Large main bedroom with double walk through robes
- Split system heating and cooling
- Separate laundry room with washing machine and dryer
- Single secure entry basement car space
- Lock up storage shed
- Close to some of Canberra's most popular cafe and restaurant precincts,
- Close to the ANU, CBD and Lake Burley Griffin
- Common facilities including lap pool, gym, barbecue area and sauna
- Exellent energy rating of 6.0
- Strata: $1213.28 per quarter
- General rates: $425 per quarter
- Land tax: $480 per quarter (only if rented)
Property History for 42/2 Edinburgh Ave, City, ACT 2601
- 02 May 2022Sold for $490,000
- 06 Apr 2022Listed for Sale Offers over $475,000
- 21 Apr 2007Listed for Sale Not Disclosed
Recent sales nearby
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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.
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