58 Kootara Crescent, Narrabundah, ACT 2604 | Property Value & History | OnTheHouse
OFF MARKET

58 Kootara Crescent
Narrabundah ACT 2604

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 836m2
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Property Details for 58 Kootara Cres, Narrabundah

Building Type
Commercial
Land Size
836m2
Local Government
Canberra Central
Lot/Plan
NARRABUNDAH: Block 13, Section 28

Last Listing description (October 2023)

Burgess Rawson are delighted to exclusively offer for Sale 58 Kootara Crescent, Narrabundah ACT

Narrabundah is one of 12 inner south suburbs, sits approximately 6km from Canberra's CBD and 4km to the airport. Currently the population of the inner south is 30,412 and projected to increase to 38,530 by 2058. Nestled in the heart of the Australian Capital Territory (ACT), is a charming suburb that offers a perfect blend of tranquility and convenience. With its leafy streets, established houses, and family-friendly atmosphere, Narrabundah provides a warm and welcoming community for residents. Conveniently located just a stone's throw away from Canberra's city center, Narrabundah offers easy access to a wide range of amenities and services. The local shopping center, Narrabundah Shops, provides residents with all their daily needs, including supermarkets, cafes, restaurants, and other retail stores. The district is home to some of Canberra's top schools, museums, galleries almost 80 embassies and of course Parliament house. The Subject site is currently vacant and situated between Karingal Court and Narrabundah shopping precinct which includes exceptional restaurants, supermarket and essential service retailers.

Zoning:

CZ4 - Local Centre Zone
Permissible Uses include (but not limiting to):
Ancillary Use; Car Park; Community Use; Consolidation; Demolition; Development in a location and of a type identified in a precinct map as additional merit track; Development; Guest house; Home Business; Indoor Entertainment Facility; Indoor Recreation Facility; Industrial Trades; Light Industry; Minor Road; Minor Use; Non Retail Commercial Use; Parkland; Pedestrian Plaza; Residential Use; Recyclable Materials Collection; Restaurant; Service Station; Shop; Sign; Subdivision; Temporary Use; Varying a lease (where not prohibited, code track or impact track assessable); Veterinary Hospital.

Highlights:
- 836sqm
- CZ4 - Local Centre Zone
- Possible LVC Concession on Residential STCA
- Inner south population 30,412
- Available immediately

For Sale

For more information, please reach out to Guy Randell on 0430 272 999 or James Baker on 0421 863 040

Property History for 58 Kootara Cres, Narrabundah, ACT 2604

A timeline of how this property has performed in the market
Last Sold
$1,800,000
01 Dec 2023
  • 01 Dec 2023
    Sold for $1,800,000
  • 06 Jul 2023
    Listed for Sale $1,900,000
  • 14 Jun 2022
    Listed for Sale By Negotiation
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About Narrabundah 2604

The size of Narrabundah is approximately 4.1 square kilometres. There are 14 parks, covering nearly 25.7% of the total area. The population of Narrabundah in 2016 was 5960 people. By 2021 the population was 6455 showing a population growth of 8.3% in the area during that time. The predominant age group in Narrabundah is 40-49 years. Households in Narrabundah are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Narrabundah work in a professional occupation.In 2021, 59.20% of the homes in Narrabundah were owner-occupied compared with 54.90% in 2016.

Narrabundah has 3,131 properties. Over the last 5 years, Houses in Narrabundah have seen a 15.31% increase in median value, while Units have seen a 7.37% increase. As at 30 June 2026:

  • The median value for Houses in Narrabundah is $1,422,966 while the median value for Units is $613,626.
  • Houses have a median rent of $785 while Units have a median rent of $590.
There are currently 14 properties listed for sale, and 13 properties listed for rent in Narrabundah on OnTheHouse. According to Cotality's data, 135 properties were sold in the past 12 months in Narrabundah.

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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.