48/53 Mcmillan Crescent, Griffith, ACT 2603 | Property Value & History | OnTheHouse
OFF MARKET

48/53 Mcmillan Crescent
Griffith ACT 2603

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 4973m2
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Property Details for 48/53 Mcmillan Cres, Griffith

48/53 Mcmillan Cres, Griffith is a 2 bedroom, 1 bathroom Unit and was built in 1994. The property has a land size of 4973m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
1994
Floor Size
72m2
Land Size
4973m2
Local Government
Canberra Central
Lot/Plan
GRIFFITH: Block 9, Section 84, Unit 48

Last Listing description (May 2018)

Come and see the fantastic location of this top floor apartment. It is within walking distance to Narrabundah College, St Clare's College, St Edmund's College, the Kingston Foreshore, Lake Burley Griffith and Manuka. This means you are also only a short distance away from the Parliamentary Triangle and Russell offices.
Come and see this spaciousness that number 48 'Avalon' offers. Stepping inside you will be taken aback by the wooden floors, open kitchen with breakfast bar, the natural light which fills each room and the configuration of the bathroom which has a separate laundry and toilet. Both bedrooms face north and therefore capture lots of sun. The property is also brick construction which is great for a consistent temperature all year round and it achieved a perfect 6*/6* energy and efficiency rating.
Come and see the great value opportunity that this represents, the owner is getting $360 per week on a lease until October 2018 in rent and the outgoings on the property are very low in comparison to other properties within the area. The body corporate fees are only $692 per quarter and therefore this makes this a great investment opportunity.

Come and see me at the open house this weekend.
Features:
Top floor apartment with stunning wooden floors Great private balcony North facing bedrooms Separate toilet and laundry Low outgoings / high return Great Inner South location

Property History for 48/53 Mcmillan Cres, Griffith, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$306,888
09 May 2018
Listed for Rent
$360/w
13 Oct 2017
  • 09 May 2018
    Sold for $306,888
  • 13 Dec 2017
    Listed for Sale $319,000
  • 20 Sep 2017
    Listed for Rent - Price not available
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About Griffith 2603

The size of Griffith is approximately 2.8 square kilometres. It has 19 parks covering nearly 18.3% of total area. The population of Griffith in 2016 was 4575 people. By 2021 the population was 5328 showing a population growth of 16.5% in the area during that time. The predominant age group in Griffith is 20-29 years. Households in Griffith are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Griffith work in a professional occupation.In 2021, 57.20% of the homes in Griffith were owner-occupied compared with 53.00% in 2016.

Griffith has 3,804 properties. Over the last 5 years, Houses in Griffith have seen a 43.59% increase in median value, while Units have seen a 26.66% increase. As at 30 November 2025:

  • The median value for Houses in Griffith is $2,409,442 while the median value for Units is $638,678.
  • Houses have a median rent of $605 while Units have a median rent of $570.
There are currently 22 properties listed for sale, and 9 properties listed for rent in Griffith on OnTheHouse. According to Cotality's data, 174 properties were sold in the past 12 months in Griffith.

Suburb Insights for Griffith 2603

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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.