Property Details for 98/20 Allara St, City
98/20 Allara St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (November 2022)
Centrally located, this apartment offers a high rental return and low vacancy rate, which is a perfect option as a long term investment.It's also a great home to owner occupiers as it has an open view towards Black Mountain and faces internal garden, which is super quiet.
Offering unrivalled amenity surrounded by restaurants and everything else you hope for from a City Central location it will suit live in or clever investment. Walk to ANU or amble across to Canberra's night life and shopping centre, you couldn't find a more convenient or exciting location!
The floor to ceiling height windows allow lots of natural light to the living area. The open plan kitchen is presented with feature stone benches, lots of cupboard space and European stainless steel appliances. The bedroom is generous in size with built in wardrobe and ducted air-conditioning.
- Light filled unit with open view towards the mountain and lots of privacy;
- Genuine full size bedroom with built in wardrobe;
- Kitchen with deluxe finishes including stone bench tops and premium Parisi appliances: built in microwave, oven, dishwasher, external exhaust range hood, ceramic cooktop;
- Laundry with wall mount dryer and washing machine;
- Lots of storage space;
- Roller blind package included;
- Ducted air-conditioning in both living area and bedroom, without the usual ugly condenser located on balcony;
- Double glazed windows and sliding doors throughout;
- Located in the heart of Canberra Centre yet very quiet (not on main road);- Walking distance to ANU, public transport, shops, offices and more.
Rental Estimate: $530-$550/wk approx.
Body Corporate: $2,700/yr approx.Council Rates: $1,600/yr approx.Land Tax (investor only): $1,700/yr approx.
Call Rita now on 0432 109 538 for further information or arrange a private inspection.
Property History for 98/20 Allara St, City, ACT 2601
- 29 Nov 2022Sold for $505,000
- 17 Oct 2022Listed for Sale Offers Above $495,000
- 01 Jun 2021Sold for $435,000
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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 3,358 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.
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