58/16 New South Wales CrescentForrest ACT 2603
Property Details for 58/16 New South Wales Cres, Forrest
58/16 New South Wales Cres, Forrest is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (December 2021)
Investment opportunity not to be missed.
Situated on the top floor of the 'Evolve' complex, this spacious two-bedroom apartment is flooded with natural light. 'Evolve' is perfectly positioned within walking distance to the best lifestyle Canberra has to offer with Manuka, Kingston, Lake Burley Griffin, The Kingston Foreshore and a host of local schools such as Telopea Park School and Canberra Grammar at your doorstep. The property is also located just a short walk or ride to the Parliamentary Triangle so you will be able to leave your car at home if you work in the area.
Stepping inside you will be taken aback by the bright and generously sized unit. It is on the top floor, has no neighbours on either side and has stunning northern views over the common gardens and beyond. The floorplan has been carefully thought out and both bedrooms are separated to allow for ultimate privacy. The master has a walk-through robe to its own ensuite and the other has built-in robes, also with its own ensuite and is bathed in sunlight just like the master. For those wishing to have a small home office space there is a lockable study nook with built in shelves and desk. NBN has also been enabled.
Quality inclusions and neutral decor add to this desirable package. The kitchen features Bosch appliances including dishwasher, an integrated fridge / freezer and polished stone bench tops. The laundry cupboard is equipped with washing machine and dryer.
A large balcony runs the length of the living area and is also accessible from one bedroom. It is ideal for outdoor dining, entertaining and enjoys a pleasant outlook onto the nicely maintained and manicured common garden space. To complete this lifestyle package there are two allocated underground car spaces accessed via a swipe mechanism and a 13m2 storage facility.
The property is currently tenanted at $675 per week until 8 April 2022.
In summary:
- Flooded with natural light due to its northerly aspect
- Lift and secure access
- Two car spaces and 13m2 storage cage
- Walk-in robe
- Balcony for entertaining
- High quality fixtures and finishes
- Great Inner South location
Figure summary (all approx.):
- Body corporate: $1480p.q
- General rates: $580p.q
- Water & sewerage: $170p.q
- Land tax (if let): $710.pq
- Built in 2012
Property History for 58/16 New South Wales Cres, Forrest, ACT 2603
- 11 Dec 2021Sold for $750,000
- 24 Nov 2021Listed for Sale Auction 18/12/2021
- 08 Jan 2021Listed for Rent $675 per week
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0About Forrest 2603
The size of Forrest is approximately 1.6 square kilometres. There are 7 parks, covering nearly 10.1% of the total area. The population of Forrest in 2016 was 1615 people. By 2021 the population was 1827 showing a population growth of 13.1% in the area during that time. The predominant age group in Forrest is 50-59 years. Households in Forrest are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Forrest work in a professional occupation.In 2021, 67.00% of the homes in Forrest were owner-occupied compared with 62.40% in 2016.
Forrest has 1,273 properties. Over the last 5 years, Houses in Forrest have seen a 28.19% increase in median value, while Units have seen a 27.81% increase. As at 30 April 2026:
- The median value for Houses in Forrest is $3,954,027 while the median value for Units is $814,390.
- Houses have a median rent of $1,145 while Units have a median rent of $663.
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