5/5 Garran Place, Garran, ACT 2605 | Property Value & History | OnTheHouse
OFF MARKET

5/5 Garran Place
Garran ACT 2605

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/5 Garran Pl, Garran

5/5 Garran Pl, Garran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1974
Local Government
Woden Valley
Lot/Plan
GARRAN: Block 9, Section 36, Unit 5

Last Listing description (October 2024)

Investment Property - 12 Month Lease In Place

This is currently an investment property with a 12-month lease in place.

Nestled within a small built block comprising just 9 units, this two-bedroom with a practical open-plan design, the apartment features a spacious balcony, perfect for relaxation or entertaining. The kitchen seamlessly integrates with the living/dining areas, showcasing laminate flooring and reverse-cycle air-conditioning.

The generously proportioned bedrooms include built-in wardrobes, offering ample storage space. Additionally, the Garran shopping centre, complete with its local supermarket, cafes, restaurants, and medical facilities, is conveniently situated nearby.

Currently rented for $580 per week and expiring 19/5/2025.

Features include:
- Spacious apartment
- Updated flooring throughout
- Freshly painted throughout
- New curtains
- Two bedrooms both with built in robes
- One bathroom with bathtub
- Brand new toilet installed in the bathroom
- One car carport
- Open plan living
- Kitchen has been updated with new tapware
- Westinghouse gas cooktop and oven
- 1x split system in the living room
- Large covered balcony
- Close to local schools and shops

EER: 2.5
Total living: 59m2 approx.
Balcony: 16m2 approx.
Body corporate: $1,530 per quarter approx.
Property Built: 1974
Rates: $2,968.17 per annum approx.
Land Tax: $4,159.05 per annum approx. (paid by investors only)

Property History for 5/5 Garran Pl, Garran, ACT 2605

A timeline of how this property has performed in the market
Last Sold
$420,000
15 Aug 2024
  • 06 Mar 2024
    Listed for Sale $379,000+
  • 05 Apr 2022
    Sold - Price Undisclosed
  • 01 Mar 2022
    Listed for Sale Offers above $369,000
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About Garran 2605

The size of Garran is approximately 2.7 square kilometres. It has 10 parks covering nearly 36.6% of total area. The population of Garran in 2016 was 3497 people. By 2021 the population was 3706 showing a population growth of 6.0% in the area during that time. The predominant age group in Garran is 40-49 years. Households in Garran are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Garran work in a professional occupation.In 2021, 67.60% of the homes in Garran were owner-occupied compared with 64.30% in 2016.

Garran has 1,471 properties. Over the last 5 years, Houses in Garran have seen a 17.56% increase in median value, while Units have seen a 10.89% increase. As at 28 February 2026:

  • The median value for Houses in Garran is $1,555,513 while the median value for Units is $794,944.
  • Houses have a median rent of $750 while Units have a median rent of $730.
There are currently 9 properties listed for sale, and 1 property listed for rent in Garran on OnTheHouse. According to Cotality's data, 47 properties were sold in the past 12 months in Garran.

Suburb Insights for Garran 2605

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.