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Unit 421,
METROPOL 81 COOYONG STREET Reid ACT 2612

This property is Off Market

All about Reid Homes for sale in Reid

The Average property price in this area is $832,225, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 105.96 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

Property For Sale Nearby

At Realty UNIT 230, METROPOL, 81 COOYONG ST, Asking Price: $450,000 1 Beds - 1 Baths - 1 Parking Within 0.0 km LJ Hooker UNIT 331, METROPOL, 81 COOYONG ST, $450,000+ 1 Beds - 1 Baths - 1 Parking Within 0.0 km LJ Hooker UNIT 517, METROPOL, 81 COOYONG ST, $459000+ 1 Beds - 1 Baths - 1 Parking Within 0.0 km OneAgency UNIT 110, METROPOL, 81 COOYONG ST, $759,000+ 3 Beds - 2 Baths - 2 Parking Within 0.0 km Stone Real Estate UNIT 303, METROPOL, 81 COOYONG ST, $559,000+ 2 Beds - 2 Baths - 1 Parking Within 0.0 km Belle Property UNIT 120, ARGYLE EXECUTIVE APARTMENTS, 33 CURRONG ST SOUTH, $720,000 - $750,000 3 Beds - 2 Baths - 1 Parking Within 0.2 km Belle Property 6 BOOROONDARA ST, $2,075,000 3 Beds - 1 Baths - 2 Parking Within 0.9 km

Recently Sold Properties in this Area

About Reid

With an average age of 31, households expect an average monthly mortgage payment of $1,993 or a weekly rent payment of $462. The average family earns a weekly income of $2,520 with a typical household size of 1.8 and a 96.43% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Reid due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Reid leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Reid the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

EPIC and Racecourse train

Macarthur Avenue train

Ipima Street train

Alinga Street train

Phillip Avenue train

Dickson Interchange train

Swinden Street train

Elouera Street train

Sandford Street train

Canberra

General Points of Interest

Canberra Centre (Monaro Mall sport

Yamba Club

Aboriginal Tent Embassy schools

ANU Medical School

Taglietti House 03 Mckeown House schools

Australian National University monument

Air Disaster Memorial

Burbidge Amphitheatre golf

Royal Military College Golf Club

National Capital Exhibition

Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 181 asthma sufferers and 68 people living with diabetes. In addition, 71 people have a heart/vascular condition and 148 people live with three or more chronic diseases.

A good place to invest in property?

Reid a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Australian Capital Territory State average 56 / 100

Income

43 / 100

56 / 100

Industry

09 / 100

28 / 100

Population

11 / 100

26 / 100

House Prices

57 / 100

72 / 100

Jobs

08 / 100

32 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

Campbell Primary School
Campbell, ACT, 2612 Independent K-6
Campbell High School
Campbell, ACT, 2612 Independent 7-10
O'Connor Cooperative School
O'Connor, ACT, 2602 Independent K-2
St Joseph's Primary School
O'Connor, ACT, 2602 Independent K-6
Ainslie School
Braddon, ACT, 2612 Independent K-6
St Thomas More's Primary School
Campbell, ACT, 2612 Independent K-6
Turner School
Turner, ACT, 2612 Independent K-6
Merici College
Braddon, ACT, 2612 Independent 7-12
Black Mountain School
O'Connor, ACT, 2602 Independent 7-12

Property Story

Unit 421, Metropol, 81 Cooyong Street, Reid, Act, 2612 is a residential property . The estimated distance to the sea is 105.96km and at least 1.53KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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