Property Details for 709/25 Edinburgh Ave, City
709/25 Edinburgh Ave, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014.
Last Listing description (June 2024)
Behold an extraordinary opportunity meticulously crafted for astute investors and discerning homeowners seeking immediate luxury. Welcome to 709/25 Edinburgh Ave, a pristine gem nestled within the highly sought-after Nishi building.
Stepping inside, you'll be immersed in a vast, sun-drenched 110m2 open-plan living space, adorned with majestic floor-to-ceiling windows that frame breathtaking views of the lake. The impeccably designed kitchen showcases seamless cabinetry, top-tier appliances, and abundant counter space, setting the stage for unforgettable dinner gatherings and epicurean adventures.
However, this 2-bedroom residence is more than just a sound investment; it's a sanctuary of opulence for those aspiring to elevated living. Immediate occupancy allows you to bask in the sophistication it offers without delay. This is truly a one of a kind opportunity within Canberra most unique residential building. You'll benefit from everything Both Nishi and the NewActon precinct has to offer.
At Crowthers we have a mastery of the NewActon Precinct, and it runs through our veins. Our profound comprehension of precinct dwellers' requirements sets us apart. Your needs, our priority.
Anticipated Rental Return $820+/week
Body corporate per annum: $7213.60pa
Rates per annum: $1,967
Land tax (if rented) per annum: $2,345
Property History for 709/25 Edinburgh Ave, City, ACT 2601
- 22 Feb 2023Listed for Sale $899,000+
- 14 Apr 2022Listed for Rent $850 / week
- 12 May 2021Listed for Sale $1,099,000
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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 3,368 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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