710/81 Cooyong Street, Reid, ACT 2612 | Property Value & History | OnTheHouse
OFF MARKET

710/81 Cooyong Street
Reid ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 48m2
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Property Details for 710/81 Cooyong St, Reid

710/81 Cooyong St, Reid is a 1 bedroom, 1 bathroom Unit and was built in 2021. The property has a floor size of 48m2.

Building Type
Unit
Year Built
2021
Floor Size
48m2
Local Government
Canberra Central
Lot/Plan
REID: Block 4, Section 7, Unit 211

Last Listing description (August 2026)

Welcome to 710/81 Cooyong Street, Reid - a beautifully designed one-bedroom apartment offering an exceptional combination of natural light, panoramic mountain views, premium location and unbeatable lifestyle convenience.

Perfectly positioned in one of Canberra's most prestigious city-edge locations, this spacious residence presents an outstanding opportunity for first-home buyers, professionals and investors alike. Whether you're looking for a vibrant city lifestyle or a low-maintenance investment with excellent rental demand, this apartment delivers on every level.

Best of all, the property is vacant and ready for immediate occupancy, allowing you to move in straight away or lease it immediately.

A Coveted CBD Address with Everything at Your Doorstep

Located within the sought-after suburb of Reid, this apartment places you right in the heart of Canberra's city lifestyle while enjoying the peaceful surroundings that Reid is famous for.

Directly across the road sits Canberra Centre, Canberra's premier shopping and dining destination. With supermarkets, department stores, boutique retailers, cinemas and hundreds of restaurants and cafs literally moments away, everyday convenience couldn't be better.

Just next door is the beautiful Glebe Park - one of the city's most iconic green spaces. Whether you're enjoying your morning coffee, taking an evening walk or simply relaxing under the trees, the park provides a wonderful extension of your living environment.

The vibrant dining precinct of Braddon is also only a short stroll away, offering some of Canberra's most celebrated cafs, wine bars, cocktail lounges and award-winning restaurants. From weekend brunches to evening drinks with friends, this location truly embraces everything city living has to offer.

Rare Corner Position Filled with Natural Light

One of the most impressive features of this apartment is its exceptional orientation and abundance of natural light.

The spacious living area enjoys both east-facing and north-facing floor-to-ceiling windows, a rare feature in one-bedroom apartments. These expansive windows flood the apartment with sunlight throughout the day while framing spectacular mountain views that create an incredible sense of openness.

The kitchen is equally impressive, featuring its own north-facing floor-to-ceiling window - an increasingly rare design element that transforms an everyday space into one filled with natural light and beautiful outlooks. Preparing breakfast or cooking dinner while looking out towards the mountains creates a lifestyle experience few apartments can offer.

The generous open-plan living and dining area feels significantly larger thanks to the corner positioning and uninterrupted natural light, creating an atmosphere that is bright, airy and incredibly welcoming.

Wake Up to Beautiful Mountain Views Every Morning

The bedroom continues the apartment's outstanding connection with the outdoors.

Positioned on the eastern side of the apartment, both the bedroom and balcony enjoy beautiful mountain views and gentle morning sunshine. Imagine waking each day to the first rays of sunlight before stepping onto your private balcony to enjoy a coffee overlooking Canberra's surrounding hills.

It's these everyday moments that make this apartment so much more than simply a place to live.

A Lifestyle That Few City Apartments Can Match

Living here means embracing one of Canberra's most walkable and vibrant neighbourhoods.

Within just a few minutes you can enjoy:

Shopping at Canberra Centre
Brunch in Braddon
Walks through Glebe Park
Easy access to the City business district
Light rail, buses and major transport connections

Whether you're working in the CBD, studying nearby, or simply enjoying everything Canberra has to offer, this location makes life remarkably easy.

Move-In Ready or High-Performing Investment

The apartment is currently vacant, allowing immediate settlement and occupation for owner-occupiers.

For investors, the location continues to attract strong rental demand thanks to its proximity to government offices, the Australian National University, restaurants, shopping and public transport. The estimated rental return of approximately $550$600 per week provides an attractive yield alongside excellent long-term capital growth potential.

Whether purchasing your first home, downsizing, or expanding your investment portfolio, this is an opportunity to secure a quality apartment in one of Canberra's most tightly held city precincts.

Key Features
One bedroom | One bathroom | One secure car space
Corner apartment with east and north-facing floor-to-ceiling windows
Spectacular mountain views from the living area, bedroom and balcony
Rare north-facing kitchen window providing abundant natural light
Vacant and ready for immediate occupancy
Opposite Canberra Centre and beside Glebe Park
Walking distance to Braddon cafs, restaurants and nightlife
Strong rental potential of approximately $550$600 per week, ideal for both owner-occupiers and investors

Property details:Council rate: $505 p/q (approx.)
Strata: 872 p/q (approx.)
Land tax: $590 p/q (approx.)(Investor only)
Built: Year 2021
Living area: 50 m
Balcony: 8 mEER: 6.0

Disclaimer:
While all care has been taken to ensure the accuracy of the information contained herein, Ruiz Property does not accept responsibility and disclaims all liabilities for any errors, omissions, inaccuracies or misstatements. All information provided is approximate only and should not be relied upon as a basis for making any formal decisions. Interested parties are advised to conduct their own enquiries and seek independent legal and financial advice.
Please note that the property may continue to be marketed and inspections may continue until contracts have been exchanged.

Property History for 710/81 Cooyong St, Reid, ACT 2612

A timeline of how this property has performed in the market
  • 16 Jul 2026
    Listed for Sale $489,000+
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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, 56 properties were sold in the past 12 months in Reid.

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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.