1 Coxen StreetHughes ACT 2605
Property Details for 1 Coxen St, Hughes
1 Coxen St, Hughes is a 4 bedroom, 2 bathroom Unit and was built in 2023. The property has a land size of 982m2 and floor size of 272m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
Last Listing description (April 2026)
This ~1000m corner site overlooking parkland offers a rare trifecta for the savvy developer: ideal development characteristics, unbeatable market positioning, and immediate financial advantages.Ideal Development Characteristics Optimal Canvas: Flat block with a north-to-rear aspect with approval to remove trees. Size: Large enough to accommodate single-storey construction. De-risked: Hit the ground running with approved separate title dual-occupancy plans. Unmatched planning entitlements: No limit to number of dwellings or GFA.Unbeatable Market Positioning Prestige Location: Overlooking parkland and Bordering Red Hill and Deakin, Hughes is a top-10 Canberra suburb in close proximity to affluent employment hubs. Maximum Street Appeal: Dual street frontages with two assigned addresses and driveways. Each dwelling feels like a standalone home, attracting buyers with standalone budgets. The "Downsizer Goldmine": Perfectly suited for two large single-storey dwellings-a product type extremely rare in the Woden/Inner South market despite massive demand. Family Appeal: Parkland offers an "infinite backyard" without the maintenance and is zoned for the "Category A" Alfred Deakin High and a short walk to Hughes Primary and Canberra College. Also within minutes of Canberra's most exclusive private schools. Prime Infrastructure: A short walk to Hughes shops and the future Stage 2B Light Rail, with Westfield Woden just a stroll through the park.Immediate Financial Benefits ~$100k in Savings: Lease variation is already paid and the site is exempt from the capital contribution charge. Strong Holding Income: Dual income providing $840/week on flexible month-to-month leases while you finalise your start date. Scalable Yield: While currently approved for two, the site allows for up to four dwellings (STCA) with concept plans available. Single-dwelling plans are also approved for maximum flexibility. Negotiable settlement period.Whilst all care has been taken to ensure accuracy, the material and information contained are approximate only and no warranty can be given. Bastion Property Group does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
Property History for 1 Coxen St, Hughes, ACT 2605
- 22 Apr 2026Listed for Sale By negotiation
- 29 Apr 2024Sold for $1,275,000
- 18 Apr 2024Listed for Sale $1,275,000
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About Hughes 2605
The size of Hughes is approximately 1.8 square kilometres. It has 12 parks covering nearly 18.8% of total area. The population of Hughes in 2016 was 2990 people. By 2021 the population was 3210 showing a population growth of 7.4% in the area during that time. The predominant age group in Hughes is 40-49 years. Households in Hughes are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Hughes work in a professional occupation.In 2021, 72.50% of the homes in Hughes were owner-occupied compared with 70.00% in 2016.
Hughes has 1,292 properties. Over the last 5 years, Houses in Hughes have seen a 14.24% increase in median value, while Units have seen a 23.33% increase. As at 31 March 2026:
- The median value for Houses in Hughes is $1,444,940 while the median value for Units is $316,000.
- Houses have a median rent of $800 while Units have a median rent of $390.
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