8/16 Discovery Street, Red Hill, ACT 2603 | Property Value & History | OnTheHouse
OFF MARKET

8/16 Discovery Street
Red Hill ACT 2603

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 1562m2
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Property Details for 8/16 Discovery St, Red Hill

8/16 Discovery St, Red Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1562m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2001
Floor Size
52m2
Land Size
1562m2
Local Government
Canberra Central
Lot/Plan
RED HILL: Block 16, Section 41, Unit 8

Last Listing description (December 2024)

Situated in "The Banc" complex in a lovely tree lined street with a sunny north facing balcony and views to Mount Ainslie.

Well equipped, complete with a marble benches in kitchen, two bedrooms both with built-ins, dishwasher, European style laundry and single carport (with storage) and balcony off living room.

Within easy walking distance to the Red Hill Shops and bus transport and with Manuka and Kingston shops just down the road, these apartments are always in high demand.

- Prime location 'The Banc' small complex of only 13 units
- 2 Bedrooms both with built in robes
- No split system heating and cooling as it will be removed, however, owner is open to installing a new one.
- Electric stainless steel kitchen appliances
- North facing balcony with views
- Single carport plus lock up storage cage
- Available January 2025

Living Space: 52sqm (approx)
Balcony: 4sqm (approx)
Car Space: 16sqm (approx)

The property complies with the minimum Ceiling Insulation Standard.
EER: Unknown

In accordance with the Residential Tenancies Act Clause 71AE Process for tenant seeking consent - the tenant must apply, in writing, to the lessor, for the lessors' consent to keep pet/s at this property.

The lessor may impose conditions on consent, including but not limited to, the number and type of animals being kept, and any cost involved for rectification required as a result of the animal.

At Blackshaw Queanbeyan and Jerrabomberra we are pleased to offer our tenants flexible rental payment options including weekly, fortnightly or monthly payments to coincide with your pay cycle. Ask us for details.

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Property History for 8/16 Discovery St, Red Hill, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$485,000
05 Jul 2022
Listed for Rent
$530/w
11 Aug 2022
  • 28 Nov 2024
    Listed for Rent $540 / week
  • 22 Jul 2022
    Listed for Rent $530 / week
  • 05 Jul 2022
    Sold for $485,000
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About Red Hill 2603

The size of Red Hill is approximately 4.9 square kilometres. It has 18 parks covering nearly 50.4% of total area. The population of Red Hill in 2016 was 3170 people. By 2021 the population was 3146 showing a population decline of 0.8% in the area during that time. The predominant age group in Red Hill is 10-19 years. Households in Red Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation.In 2021, 75.00% of the homes in Red Hill were owner-occupied compared with 65.40% in 2016.

Red Hill has 1,703 properties. Over the last 5 years, Houses in Red Hill have seen a 28.72% increase in median value, while Units have seen a 68.41% increase. As at 28 February 2026:

  • The median value for Houses in Red Hill is $2,343,787 while the median value for Units is $933,122.
  • Houses have a median rent of $1,038 while Units have a median rent of $643.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Red hill on OnTheHouse. According to Cotality's data, 54 properties were sold in the past 12 months in Red hill.

Suburb Insights for Red Hill 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.