120/83 Cooyong Street, Reid, ACT 2612 | Property Value & History | OnTheHouse
OFF MARKET

120/83 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
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Property Details for 120/83 Cooyong St, Reid

120/83 Cooyong St, Reid is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2021. The property has a floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2021
Floor Size
53m2
Local Government
Canberra Central
Lot/Plan
REID: Block 3, Section 7, Unit 318

Last Listing description (June 2026)

The Metropol

A one-bedroom city chic apartment is now available to purchase as a standout investment with the current tenants vacating February 2024 currently paying $500 per week. Makes perfect cents as an investment.

If you're currently looking to invest, then here is an excellent opportunity to have an investment at the very doorstep to Canberra city itself. A modern level one chic opportunity with a balcony looking out towards glebe park.

With all the modern conveniences in a building that is only two years old at your fingers tips whilst being just across Cooyong Street from the retail and commercial hub hearts of Canberra, it will tick all the boxes for both live in buyers/investors here.

With 2023 just started, here is an excellent opportunity for those people moving both within Canberra and to Canberra be it for lifestyle, work, or University needs.

The current owners have said goodbye to this investment which gives the new owners the opportunity for this chic apartment. Priced realistically to meet the current market, we are taking private viewing requests.

Features Include:

One bedroom 53 sqm level one apartment, with 9sqm balcony
Walk through robe to bathroom
Engineered timber like floor and carpet
Modern appliances and architectural interiors
Security building, one car space
Security building video com
Lift access
Double glazing floor to ceiling
Reverse cycle heating and cooling
Open plan kitchen living
12 month lease in place at $500 per week

Outgoings & Property Information:

Living size: 53 sqm
Rates: $1,748 per annum
Body corporate fees: $2,213.25 per annum
Land tax (if rented): $2,068 per annum
Rent: $500 per week
Year Built: 2021
EER: 6.0

Disclaimer:

Whilst we take all due care in gathering details regarding our properties either for sale or lease, we accept no responsibility for any inaccuracies herein. All parties/applicants should rely on their own research to confirm any information provided.

Property History for 120/83 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$450,000
02 May 2023
Listed for Rent
$490/w
18 Jan 2023
  • 02 May 2023
    Sold for $450,000
  • 01 Dec 2022
    Listed for Sale $445,000 - $465,000
  • 28 Sep 2018
    Sold for $439,900
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About Reid 2612

The size of Reid is approximately 1.0 square kilometres. There are 7 parks, covering nearly 16.5% of the total area. The population of Reid in 2016 was 1636 people. By 2021 the population was 1544 showing a population decline of 5.6% in the area during that time. The predominant age group in Reid is 20-29 years. Households in Reid are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reid work in a professional occupation.In 2021, 51.90% of the homes in Reid were owner-occupied compared with 38.20% in 2016.

Reid has 1,821 properties. Over the last 5 years, Houses in Reid have seen a 0.16% increase in median value, while Units have seen a 1.52% increase. As at 31 July 2026:

  • The median value for Houses in Reid is $2,050,879 while the median value for Units is $516,694.
  • Houses have a median rent of $880 while Units have a median rent of $605.
There are currently 16 properties listed for sale, and 7 properties listed for rent in Reid on OnTheHouse. According to Cotality's data, 57 properties were sold in the past 12 months in Reid.

Suburb Insights for Reid 2612

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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.