Back 31/86 Derrima Rd
Off Market

31/86 Derrima Rd

Crestwood NSW 2620

2
1
1
81 m²
Apartment
Justine BurkeJustine Burke, last sold this property on 01 August 2025 after 9 days on market.

Overview

Smart Start or Savvy Investment

A delightful offering, this well-presented two bedroom apartment is positioned on the fourth floor of 'Kowen Towers' affording abundant natural light and widespread views from its north east aspect. Ready for immediate enjoyment, the property has been well maintained and has had some nice updates over time including the renovated kitchen and modern flooring throughout. The open-plan living is generous and light-filled and has a small balcony at the end, to take in the lovely outlook. Two bedrooms with built-in wardrobes, a well-maintained bathroom with updated vanity, separate laundry, reverse cycle split system and a covered car space only add to the appeal. Located within walking distance to all the amenities of Riverside Plaza and the shops and eateries in the area, this is ideal for a first home buyer or savvy investor who recognises the importance of quality and location. The property is currently rented on a periodic tenancy for $460 per week. Features: - Great location with a suburban feel, and urban conveniences - Fourth floor apartment, corner position, lift access - Open-plan, light-filled living - Widespread views from the living areas, balcony and bedrooms - Renovated kitchen - Two bedrooms, both with built-in wardrobes - Original, neat bathroom with updated vanity - Separate laundry with washing machine and condenser dryer included - Modern flooring throughout - Reverse cycle split system - Covered car space - Shops and schools within walking distance - Currently rented at $460 per week on a periodic tenancy Living Size: 81m2 (approx.) Body Corporate: $4,584 p.a (approx.) Land Rates: $2,432 p.a (approx.) Disclaimer: Please note that while all care has been taken regarding information and marketing information compiled for this sale advertisement, Luton Properties does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective buyers to rely on their own investigation and in-person inspections to ensure this property meets their individual needs. Photos were taken prior to the current tenancy and have been virtually styled.

Features

2 bedrooms
1 bathroom
1 carspace
81 m² floor area
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 31/86 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 31/86 Derrima Rd

2025
Sold
Undisclosed
Private Sale/Treaty on 01 Aug 2025 by Justine Burke, of Luton Properties Weston Creek & Molonglo Valley
2024
Rented
Undisclosed
Leased on 18 Apr 2024 by Luton Properties - Manuka
2019
Sold
$230,000
Private Sale/Treaty on 11 Dec 2019 by Ben Davis, of Ian McNamee & Partners Queanbeyan & Jerrabomberra

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 31/86 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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