507/2 Marcus Clarke Street, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

507/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 7984m2
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Property Details for 507/2 Marcus Clarke St, City

507/2 Marcus Clarke St, City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 7984m2 and floor size of 95m2.

Building Type
Unit
Year Built
1992
Floor Size
95m2
Land Size
7984m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 507

Last Listing description (November 2023)

Within one of the city's landmark buildings, Capital Tower, is this incredibly spacious apartment serving up iconic Canberra views from the comfort of your own home. Offering direct pedestrian access to Lake Burley Griffin, including the exciting new development of the Acton Waterfront, as well as an easy walk to NewActon and the city centre, this is a unique opportunity to own arguably one of the best located apartments in Canberra.

Positioned on the end of the fifth floor with a generous 95m2 of internal living space plus 17m2 of covered balcony, this exceptional apartment is vacant and ready to move in to. Floor to ceiling windows capture stunning views that extend from the Parliamentary Triangle out to the Brindabella's creating the perfect backdrop for the overly spacious, open plan living and dining area.

Overlooking the living area is the highly practical kitchen which features large granite benchtops and an abundance of cupboards as well as an ergonomic oven and overhead microwave alcove. A separate powder room has been provided for convenience while the main bathroom includes a bathtub and separate shower along with a large stone top vanity.

Both bedrooms have balcony access and floor to ceiling windows that feature panoramic views with the oversized main bedroom offering a walk-through wardrobe and ensuite. Additionally, the main bedroom and living area benefits from ducted heating and cooling.

An exclusive development of 2 and 3 bedroom residences, Capital Tower also includes exceptional on-site amenity with an outdoor pool and BBQ area, two tennis courts along with a sauna, gym and squash court. At your doorstep is the thriving NewActon precinct with some of Canberra's best cafes, restaurants, and bars as well as Palace Cinemas. Accessing the city centre will soon become even easier with the next stage of the light rail now underway, adding two stations within a few hundred metres of Capital Tower.

With its highly desirable location and lifestyle opportunities, spectacular views and spacious interior, the only decision to make with this remarkable apartment is whether to stay home or venture out.

Features:

- 95m2 of living plus 17m2 of covered balcony
- End apartment located on the fifth floor
- Spectacular views towards the Parliamentary Triangle and the Brindabella's
- Floor to ceiling windows
- Spacious open plan living & dining area
- Highly practical kitchen with granite benchtops
- Ducted heating and cooling to living area and main bedroom
- New carpet and paint throughout
- Single basement car space with storage enclosure and lift access
- On-site amenity includes pool and BBQ area, two tennis courts, a sauna, gym and squash court
- Within walking distance to NewActon and Lake Burley Griffin
- Easy access to the city centre and located along the next stage of the Light Rail Network

Property History for 507/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
  • 10 Aug 2023
    Listed for Sale $619,000
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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 3,354 properties. Over the last 5 years, Houses in City have seen a -12.45% decrease in median value, while Units have seen a 15.37% increase. As at 30 November 2025:

  • The median value for Houses in City is $649,935 while the median value for Units is $580,743.
  • Houses have a median rent of $653 while Units have a median rent of $650.
There are currently 32 properties listed for sale, and 46 properties listed for rent in City on OnTheHouse. According to Cotality's data, 125 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.