602/2 Akuna Street, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

602/2 Akuna Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 2307m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 May 2026
Low

High
Save

Property Details for 602/2 Akuna St, City

602/2 Akuna St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 2307m2 and floor size of 61m2.

Building Type
Unit
Year Built
2000
Floor Size
61m2
Land Size
2307m2
Local Government
Canberra Central

Last Listing description (January 2022)

There's city life with all the negotiations around traffic snarls, finding parking, queuing for shopping or caf seating with everyone else during peak hours or there's the calm and convenience of inner-city life.

Situated in the heart of Canberra City, this two bedroom, one bathroom, super-convenient apartment offers first home buyers, investors, weekday workers or parents with student teenagers heading to ACT universities a fantastic opportunity to secure a safe apartment with 24-hour concierge service. Within walking distance of all amenities and public transport, there's no need for a car to get around every day, but there is a secure parking space and storage cage.

The apartment has an open plan living and dining area, with a useful adjacent wide nook that would make a terrific study or meals area. The fully equipped, very functional kitchen has hard-wearing marble-look bench tops, plenty of storage cabinets, dishwasher and stainless steel appliances. Both the bedrooms are generously sized with built-in wardrobes and the two-way bathroom comes complete with a shower over the bath, allowing for soaking in the tub to warm up after one of Canberra's (many) cold winter days. An internal laundry and reverse cycle air conditioning are additional benefits.

The building's amenities include an indoor pool and gym, rooftop spa and sauna, barbecue facilities, table tennis area and half tennis court. In addition, the apartment is just a stroll away from the vibrant City precinct with its shopping centres, cafes, restaurants, cinema, gyms, bars, Canberra Theatre, night clubs, the Casino the list goes on. Public Service offices including the ATO and DVA, the ACT Legislative Assembly and private sector offices are all within walking distance.

This is the perfect rental property that's also ideal for weekday workers, executives, or a Canberra base for travelling downsizers to let on a short-term basis when away for a few months. It is an easy set and forget addition to any portfolio with the 24 hour concierge and original commercial-strength build as an hotel making any security or building concerns less likely. This property has proved to be a solid and reliable investment for a number of years.

Equally, the apartment presents as a opportunity to get a foothold into the real estate market, in the middle of a capital city. Location and lifestyle are on offer for first home buyers here, with all the benefits of city living at the doorstep. No need to queue for cafes or shopping in peak hour when you live here, just go when you like. Be sure to inspect.

Features Include:
-6th floor 2-bedroom apartment
-Northerly outlook over City to hills
-Open plan living areas
-Study/dining nook
-Kitchen with marble-look bench tops
-Dishwasher, Electric oven
-Electric cook top, Double sink
-Two large light-filled bedrooms
-Mirrored built-in wardrobes
-2-way bathroom, shower over bath
-Internal Laundry
-Reverse cycle air conditioning
-Secure parking space
-Storage cage
-Gym
-Indoor Swimming Pool
-Rooftop spa and sauna
-Barbecue facilities
-Table tennis area
-Half tennis court

EER: 6
Built: 2000
Living: 61m
Carport: 13m
Storage: 4m

Rental Appraisal: $540 - $580 pw
Rates: $2181 pa
Land Tax (if leased): $2573 pa
Strata Fees (admin & sinking funds): $2175 pq
All information, amounts and measurements are approx. Buyers to make their own enquiries.

Property History for 602/2 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$520/w
20 Dec 2019
  • 05 Jan 2022
    Listed for Sale 420000+
  • 10 Dec 2019
    Listed for Rent - Price not available
  • 18 Jan 2017
    Listed for Rent $520 / week
Sign in to see more transactions
Commute Calculator

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.

Suburb Insights for City 2601

Market Insights
City Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
City Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.