705/1 Boolee Street, Reid, ACT 2612 | Property Value & History | OnTheHouse
 
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705/1 Boolee Street
Reid ACT 2612

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Last updated 16 Feb 2026
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Property Details for 705/1 Boolee St, Reid

705/1 Boolee St, Reid is a 3 bedroom, 2 bathroom House with 2 parking spaces.

Building Type
House
Local Government
Canberra Central
Lot/Plan
REID: Block 4, Section 7, Unit 543

Last Listing description (August 2025)

Light-Filled, Park-Facing Apartment in the Heart of Reid

Positioned on the 7th floor of the Metropol development, this three-bedroom apartment is all about lifestyle, light, and location with uninterrupted views over Glebe Park and a layout that just makes sense.

As you walk in, you're greeted by a long entry hallway that gives the apartment a real sense of space. Just off the entry is a European laundry and a built-in study nook, perfect for working from home or keeping things practical and tucked away.

The apartment opens up into a bright open-plan living, dining and kitchen area, with full-height windows that frame the view and flood the space with natural light. Step out onto the covered balcony and youve got the perfect spot to relax, entertain, or just enjoy the outlook over the park.

The kitchen is well-finished with stone benchtops, quality appliances, and clean lines ideal for everyday living or hosting guests.

At the front of the apartment is a bedroom with its own ensuite and balcony access, making it a great option for guests or shared living. The other two bedrooms are positioned privately at the back, both with built-in robes and easy access to the main bathroom.

The location speaks for itself right on the doorstep of the City, ANU, Braddon, and the light rail. Whether youre living in or leasing out, this is a smart move in a prime spot.

In Summary:
- 7th floor with elevated views over Glebe Park
- Three bedrooms, all with built-in robes
- One bedroom with ensuite and direct balcony access
- Open-plan living and dining with full-height glazing
- Covered balcony with park outlook
- Stone kitchen benchtops and quality appliances
- Built-in study nook + European laundry near entry
- Two secure basement car spaces + storage cage
- Access to rooftop BBQ area, entertaining spaces and pool
- Walk to Canberra Centre, Braddon, ANU and public transport

Figure Summary:
- Body Corporate $1285 p/q
- General Rates $554 p/q
- Land Tax $693 p/q

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Property History for 705/1 Boolee St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 02 May 2025
    Listed for Sale $789,000+
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About Reid 2612

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 1,814 properties. Over the last 5 years, Houses in Reid have seen a 20.05% increase in median value, while Units have seen a 4.15% increase. As at 31 January 2026:

  • The median value for Houses in Reid is $1,993,264 while the median value for Units is $502,578.
  • Houses have a median rent of $610 while Units have a median rent of $600.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Reid on OnTheHouse. According to Cotality's data, 52 properties were sold in the past 12 months in Reid.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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