53/20 Allara Street, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

53/20 Allara Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 9 Feb 2026
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Property Details for 53/20 Allara St, City

53/20 Allara St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
CITY: Block 18, Section 12, Unit 53

Last Listing description (November 2024)

Park Avenue offers a high-end lifestyle with unmatched amenities and a prestigious address. Rising 17 levels above the city, this development is strategically located alongside prime retail and office spaces. The architecturally designed residences feature superior inclusions, luxurious finishes, and stunning views, although it's important to note that the two-bedroom apartments have windows without city views, differing from the imagery presented.

Centrally located, you?ll be just minutes away from Canberra's premium shopping destinations, museums, restaurants, and outdoor recreational spaces. On weekends, you'll enjoy easy access to some of the city?s most popular eateries, bars, and cafes right at your doorstep.

Park Avenue has been thoughtfully designed to offer expansive views across Canberra?s iconic landmarks, including Mt. Ainslie, the Australian War Memorial, Lake Burley Griffin, and Parliament House, from various vantage points in the building.

We currently have several two-bedroom, one/two-bathroom apartments available, each with one car parking space. Prices start from $635 per week, depending on the level and views.

Features You Will Love:

New construction
Floor-to-ceiling double-glazed windows
Spacious open-plan design with high ceilings
Located on Level 8
Franke kitchen system with a Tectonite single bowl, gooseneck mixer with pull-out spray
Franke 10-function oven, ceramic cooktop, integrated microwave oven, and dishwasher
Washing machine and condenser dryer included in laundry
Luxurious bathrooms by Parisi, featuring premium fixtures and L'Hotel combination showers
Stone kitchen benchtops and splashbacks
Ducted reverse cycle air-conditioning in living room and bedrooms
No air conditioning condensers on balconies
Commercial-grade gym and communal garden with barbecue area on Level 4
Secure basement parking with allocated car space and storage cage

Location:

200m to Canberra Centre and the main shopping district
Opposite Canberra Casino
Short stroll to Commonwealth Park and Lake Burley Griffin
Walking distance to the ANU, CBD, City Bus Interchange, and Light Rail
Only a 10-minute drive to Canberra Airport
Available from: 15/12/2024 - 09/01/2025

Disclaimer:
Please note that whilst all care has been taken regarding general and marketing information collected for this rental advertisement, UPlus Real Estate does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective tenants to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Property History for 53/20 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$479,900
11 Dec 2017
  • 04 Nov 2024
    Listed for Rent $635 / week
  • 11 Dec 2017
    Sold for $479,900
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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 3,356 properties. Over the last 5 years, Houses in City have seen a -24.02% decrease in median value, while Units have seen a 9.78% increase. As at 31 January 2026:

  • The median value for Houses in City is $589,280 while the median value for Units is $570,651.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 40 properties listed for sale, and 47 properties listed for rent in City on OnTheHouse. According to Cotality's data, 139 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.