Back 22/86 Derrima Rd
Off Market

22/86 Derrima Rd

Crestwood NSW 2620

2
1
1
Apartment
Aaron PapahatzisAaron Papahatzis, last sold this property on 22 April 2026 after 49 days on market.

Overview

Kowen Towers

Situated on the third floor of Kowen Towers, this well-kept two-bedroom apartment offers comfortable living with elevated views across Queanbeyan and the surrounding hills. Ideal for first-home buyers, downsizers or investors looking for a practical, low-maintenance property in a convenient location, this apartment provides good space, natural light and everyday functionality. The open plan living and dining area opens onto a private balcony where you can enjoy the outlook over the region. The kitchen and bathroom have been updated, and there's plenty of storage throughout. * Two bedrooms, both with built-in wardrobes * Open plan living and dining area * Updated kitchen with good storage and electric cooking * Private balcony with district views * Split system heating and cooling in the lounge * Ceiling fan in the main bedroom * Internal laundry with dryer * Linen cupboard * Lift and intercom access * Single allocated undercover car space Conveniently located close to the Queanbeyan railway station, a short drive to the Queanbeyan CBD, and with easy access to arterial roads connecting to Canberra, this is a straightforward property in a practical position. A solid option for buyers seeking an affordable entry into the market or a simple investment opportunity. Council Rates: $2,632pa Strata Rates: $1,134.10pq Tenanted till 25.06.2026 for $405.00 per week Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Queanbeyan. ABN 57628148121 trading as Belle Property Queanbeyan

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Crestwood over the last 12 months, the estimated median property value of 22/86 Derrima Rd is $375k.

Median value
$375k
Estimated value range
$299k - $515k
Median days on market
50
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Crestwood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 22/86 Derrima Rd

2026
Sold
Undisclosed
22 Apr 2026 by Aaron Papahatzis, of Belle Property Queanbeyan
2024
Rented
Undisclosed
Leased on 15 Aug 2024 by Belle Property Canberra
2024
Rented
Undisclosed
Leased on 20 Jun 2024 by Belle Property Canberra

Happy sellers in Crestwood

89%
89% of sellers in Crestwood reported that their sale price either exceeded or met their price expectations.

Crestwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Crestwood over the last 12 months.

Local market activity for 2 bedroom apartments in Crestwood

In the last 12 months, 25 two-bedroom apartments similar to 22/86 Derrima Rd, have been sold.

This represents a 92% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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