42 Northbourne Avenue, City, ACT 2601 | Property Value & History | OnTheHouse
 
OFF MARKET

42 Northbourne Avenue
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 202m2
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Property Details for 42 Northbourne Ave, City

Building Type
Commercial
Land Size
202m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 12, Section 48

Last Listing description (September 2016)

Situated on the main gateway to Canberra, this flexible property offers the perfect chance to break into the bustling CBD retail, bar and restaurant strip. Notable features include extensive glass shop front facing Northbourne Avenue, great signage opportunities, amenities, grease trap, exhaust facilities and rear loading.
Spanning over 2 levels, the property allows for flexible floor plates with areas for lease ranging from 577 sqm to 1,225sqm. Although previously trading as a popular night spot, it will still suit a range of operators including personal service and office users.
Nearby tenants include McDonald's Rams Home Loans, Quick n Go, Zambrero's, IGA & a great mix of local restaurants, cafes and bars.

Property History for 42 Northbourne Ave, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$3,032,000
08 Aug 1997
Listed for Rent
16 Sep 2016
  • 26 Aug 2016
    Listed for Rent - Price not available
  • 26 Mar 2015
    Listed for Rent - Price not available
  • 17 Nov 2014
    Listed for Rent - Price not available
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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 3,373 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 46 properties listed for rent in City on OnTheHouse. According to Cotality's data, 131 properties were sold in the past 12 months in City.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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