54 Marcus Clarke Street, City, ACT 2601 | Property Value & History | OnTheHouse
FOR RENT

54 Marcus Clarke Street
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: 54
Land area: 1m2
This property is currently on the market
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Property Details for 54 Marcus Clarke St, City

Building Type
Commercial
Land Size
1m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 12, Section 23

Last Listing description (December 2025)

54 Marcus Clarke Street is a premier commercial building situated in the thriving Western Core of Canberra's CBD. Boasting nine levels of top-notch office accommodation, this property also features ground floor retail space, a stylish two-story podium facing Rudd Street, and convenient secure basement parking facilities.Available For Lease:Level 1 286m Existing office fitout ready for occupation.Level 4 - 103m Recently refurbished tenancy in warm shell configuration.Level 7 - 269.7mExisting fitout in place with board room, 2x meeting rooms, 18x workstations, Comms room, kitchen / Breakout area and Balcony. Level 8 - 259.7mWalk up fully fitted office space with open plan layout, casual meeting rooms, a large boardroom, separate office, reception, full kitchen and exclusive toilet and shower.Significant capital investments have been made to improve and upgrade the building's facilities. Notable projects include lift and chiller upgrades, as well as refurbishments to enhance the common area amenities. The ground floor has also undergone substantial cosmetic enhancements, particularly in the lift lobby area. The building currently holds a 4.0 Star NABERS Energy Rating.For more information or to arrange an inspection, please contact CBRE.

Property History for 54 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$23,000,000
23 Jun 2023
Listed for Rent
15 Dec 2025
  • 17 Jun 2024
    Listed for Rent - Price not available
  • 23 Jun 2023
    Sold for $23,000,000
  • 23 Aug 2022
    Transferred
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About City 2601

The size of City is approximately 1.4 square kilometres. There are 8 parks, covering nearly 9.9% of the 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 3,374 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 50 properties listed for sale, and 47 properties listed for rent in City on OnTheHouse. According to Cotality's data, 130 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.