524 Northbourne AvenueDowner ACT 2602
Property Details for 524 Northbourne Ave, Downer
524 Northbourne Ave, Downer is a 19 bedroom, 15 bathroom House. The property has a land size of 841m2. While the property is not currently for sale or for rent, it was last transferred in August 1993.
Last Listing description (April 2024)
Blue and White and Canberran Lodge - 524 & 528 Northbourne Avenue
These iconic properties operate as one enterprise and are strategically positioned along the light rail corridor and gateway to Canberra.
They comprise of 19 rooms and feature a reception area, dining room and large functional kitchen.
The Dickson shopping precinct is within walking distance catering for restaurants, cafes and featuring Chinatown.
Sports venues like tennis, hockey and netball centres are located across the road as well as the light rail linkage to the City which is within easy commuting access to the university and the Parliamentary Triangle.
This investment offers a golden opportunity to the astute buyer seeking to enter the lucrative accommodation industry.
Blue and White Lodge (524)
Facts
10 Rooms and 10 bathrooms
Age 1965
Size 369m2
Block 840m2
EER .5
Canberra Lodge (528)
Facts
9 Rooms and 5 bathrooms
Age 1967
Size 280m2
Block 724m2
EER .5
Property History for 524 Northbourne Ave, Downer, ACT 2602
- 29 Feb 2024Listed for Sale Price on Application
- 17 Oct 2013Listed for Sale OFFERS
- 01 Sep 2007Listed for Sale Not Disclosed
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About Downer 2602
The size of Downer is approximately 1.6 square kilometres. It has 10 parks covering nearly 8.9% of total area. The population of Downer in 2016 was 3662 people. By 2021 the population was 4296 showing a population growth of 17.3% in the area during that time. The predominant age group in Downer is 30-39 years. Households in Downer are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Downer work in a professional occupation.In 2021, 61.50% of the homes in Downer were owner-occupied compared with 57.30% in 2016.
Downer has 1,813 properties. Over the last 5 years, Houses in Downer have seen a 37.86% increase in median value, while Units have seen a 19.24% increase. As at 31 March 2026:
- The median value for Houses in Downer is $1,330,347 while the median value for Units is $525,496.
- Houses have a median rent of $718 while Units have a median rent of $530.
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