509/2 Akuna Street, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

509/2 Akuna Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
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Last updated 18 May 2026
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Property Details for 509/2 Akuna St, City

509/2 Akuna St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a floor size of 48m2.

Building Type
Unit
Year Built
1972
Floor Size
48m2
Local Government
Canberra Central

Last Listing description (March 2025)

Auction Location: LJ Hooker Canberra City

Unlock the potential of urban living with this exceptional property located at the heart of the city. Whether you choose to reside in this prime space or leverage it for rental returns, this investment opportunity is a true gem.

Located in the bustling heart of the city, this property offers unparalleled convenience with shops and eateries right at your doorstep. Available as furnished or unfurnished, allowing you to tailor it to your preferences or the needs of potential tenants. Enjoy the scenic beauty of the city with views to the iconic Black Mountain Tower, creating a picturesque backdrop from the fifth floor. And with only 150 units in the well-established complex, experience a sense of community and exclusivity that sets this property apart!

Take advantage of the locked car park with storage, which itself is a rare commodity at these locations. Additionally, the complex boasts top-notch amenities, including a pool, tennis court, and the convenience of a concierge service. Currently, the property is tenanted until August 13th, 2024, with a reliable tenant in place, ensuring a steady income stream for the discerning investor.

The features:

- Prime Location
- Flexible living options
- Spectacular views to black mountain tower and cityscape
- Pool
- Gym
- Tennis Court
- Concierge
- Shops, restaurants and cafes at door step
- Walk to city center in less than 5 minutes
- Basement parking at storage
- Study room with a separate entrance
- Tenanted till 13th August 2024

The essentials:
- Indoor space: 48 sqm
- Outdoor space: 8 sqm
- Year built: 2000 (23 years old)
- Rent: $470 p.w.
- Strata: $7,766 p.a. (approx)
- Rates: $1,550 p.a. (approx)
- Land Tax: $1,976 p.a. (approx) investors only
- EER: 6

Property History for 509/2 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$470/w
10 Aug 2023
  • 14 Dec 2023
    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 3,373 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 53 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.