59/20 Federal Highway, Watson, ACT 2602 | Property Value & History | OnTheHouse
OFF MARKET

59/20 Federal Highway
Watson ACT 2602

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 92m2
Land area: 20536m2
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Property Details for 59/20 Federal Hwy, Watson

59/20 Federal Hwy, Watson is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 20536m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
Unit
Year Built
2003
Floor Size
92m2
Land Size
20536m2
Local Government
Canberra Central
Lot/Plan
WATSON: Block 14, Section 61, Unit 59

Last Listing description (March 2021)

Enhanced by a chic contemporary update throughout, this ground floor apartment is a show stopper. Lathered in floating timber floors and light interiors, the home provides oversized living spaces, a fabulous balcony and a spacious kitchen. Ideally located close to the light rail, this home is absolutely ideal for those who enjoy the inner city lifestyle.

- 92sqm approx. ground floor two-bedroom apartment
- Master bedroom with built in robes and ensuite

- Large open plan living area with timber floating floors throughout
- Re-painted throughout
- Brand new light grey carpets in bedrooms
- Huge 30sqm approx. balcony allowing plenty of space for entertaining
- Reverse cycle air-conditioner
- NBN connected with Fibre To The Premises
- Two allocated car spaces with storage space
- Located close to Epic Park, Dickson Precinct and Canberra City Centre.
- Close proximity to the new Light Rail corridor

Disclaimer:
This home has had recent water ingress issues into the dining room due to a waterproofing membrane failure on the balcony. We are in the middle of rectifying this issue with the body corporate and will be offering the prospective tenant a rental reduction to $460 per week until these issues are rectified. For more information, please contact Kerry on 0478 036 220 or Amanda on 0449 065 844 to discuss further. Please note that whilst all care has been taken regarding general and marketing information collected for this rental advertisement, McGrath North Canberra does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective tenants to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Property History for 59/20 Federal Hwy, Watson, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$360,000
19 Oct 2018
Listed for Rent
$500/w
01 Mar 2021
  • 23 Feb 2021
    Listed for Rent $500 / week
  • 19 Oct 2018
    Sold for $360,000
  • 06 Sep 2018
    Listed for Sale $339,000+
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About Watson 2602

The size of Watson is approximately 3.7 square kilometres. It has 9 parks covering nearly 16.0% of total area. The population of Watson in 2016 was 5862 people. By 2021 the population was 6727 showing a population growth of 14.8% in the area during that time. The predominant age group in Watson is 30-39 years. Households in Watson are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watson work in a professional occupation.In 2021, 65.00% of the homes in Watson were owner-occupied compared with 57.20% in 2016.

Watson has 3,281 properties. Over the last 5 years, Houses in Watson have seen a 37.24% increase in median value, while Units have seen a 45.14% increase. As at 30 November 2025:

  • The median value for Houses in Watson is $1,124,073 while the median value for Units is $577,806.
  • Houses have a median rent of $640 while Units have a median rent of $525.
There are currently 8 properties listed for sale, and 8 properties listed for rent in Watson on OnTheHouse. According to Cotality's data, 187 properties were sold in the past 12 months in Watson.

Suburb Insights for Watson 2602

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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.