60/1 Allambee St, Reid is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 4649m2 and floor size of 82m2.
Several two and three bedroom apartments have sold in Argyle Square this year however none were quite like No 60.
This single level apartment is positioned on the ground floor and is one of the few in the development with direct access from the garage into its rear courtyard.Two bedrooms, both with walk-in robes, a full bathroom, powder room, separate laundry and generous living areas are included in the 101m2 of living space.
We have managed the apartment for a number of years and although it presents in original condition, would readily lease again as is. The owner occupier will be impressed by its affordability and its potential for a make over of the wet areas at some future date.
The size of Reid is approximately 1.0 square kilometres. It has 7 parks covering nearly 16.5% of 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 1,815 properties. Over the last 5 years, Houses in Reid have seen a 26.27% increase in median value, while Units have seen a 21.89% increase. As at 31 October 2025:
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