40/212 Albany Hwy, Centennial Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 56m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Discover a hassle-free investment with this zoned tourist residential property. Currently under professional management, it offers excellent hands-off returns. For those seeking an alternative income stream, self-management is also an option.
This property embodies successful real estate investment, combining low risk with good returns. The furnished unit is located in a neat, well-managed complex, close to the CBD. Its inner-city location promises strong capital growth as the city expands.
Constructed of brick veneer, the 1 bedroom self contained unit is part of a well-managed strata complex, complete with its own car parking. The complex boasts an excellent strata company, ensuring smooth operations. The unit's design is light, bright, and airy, making it a desirable investment that will pay for itself over time.
The size of Centennial Park is approximately 2.0 square kilometres. There is 1 park, covering nearly 28.0% of the total area. The population of Centennial Park in 2016 was 641 people. By 2021 the population was 689 showing a population growth of 7.5% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Centennial Park work in a community and personal service occupation.In 2021, 51.20% of the homes in Centennial Park were owner-occupied compared with 53.80% in 2016.
Centennial Park has 850 properties. Over the last 5 years, Houses in Centennial Park have seen a 104.56% increase in median value, while Units have seen a 151.86% increase. As at 31 July 2026:
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