7/2 Edinburgh AvenueCity ACT 2601
Property Details for 7/2 Edinburgh Ave, City
7/2 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 6920m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in July 2007.
Last Listing description (April 2026)
**Attention Investors: Gross rental yield is over 7% for this property **. Could this be the perfect high yielding addition to your portfolio or an opportunity to purchase in a self-managed superannuation fund?Discover this stylish one-bedroom apartment in the iconic Metropolitan development, offering the perfect blend of city lifestyle and investment potential. Ideally suited as a city pad or a high-yielding rental property, this home delivers convenience, comfort, and access to premium facilities.Apartment Highlights Fully furnished and equipped, perfect for short term rental Large one-bedroom layout with separate living and dining areas Currently leased to long-term tenants on a periodic basis for $580 per week Allocated basement car space and secure storage enclosureInternal Features Generous open-plan living space with separate dining area Modern kitchen with stone benchtops, mobile breakfast bar, and Fisher & Paykel appliances (dishwasher, oven, electric cooktop, range hood) Full-height pantry and ample storage cupboards Separate laundry within the bathroom Spacious bedroom with large built-in wardrobe and direct access to the bathroom Split-system reverse cycle heating and coolingMetropolitan Development Amenities Heated indoor swimming pool & sauna Fully equipped gym with a wide range of equipment Landscaped podium gardens with BBQ facilities Secure video intercom and on-site building manager Pet-friendly (subject to body corporate approval)Location Benefits Opposite New Acton's cultural and arts precinct Short walk to The Australian National University, Lake Burley Griffin, and Canberra's city centre Easy access to cafes, restaurants, bars, Palace Electric Cinemas, and convenience stores Upcoming Stage 2 light rail stop on London Circuit enhances connectivityKey details; Living area: 71m Balcony: 8m Single car space in basement Lockable storage in basement Built: 2007
Property History for 7/2 Edinburgh Ave, City, ACT 2601
- 04 Mar 2026Listed for Sale $420,000+
- 30 Nov 2015Listed for Rent $550 / week
- 22 Sep 2015Listed for Rent $550 / week
Recent sales nearby
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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 3,369 properties. Over the last 5 years, Houses in City have seen a -43.73% decrease in median value, while Units have seen a 11.57% increase. As at 31 March 2026:
- The median value for Houses in City is $514,958 while the median value for Units is $589,211.
- Houses have a median rent of $572 while Units have a median rent of $650.
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