5/63 Melba Street

Downer ACT 2602

712 m²

Apartment

Currently for sale - view listing

Overview

A Smart Start In The Inner North

For buyers looking for value, affordability and a smart entry into Canberra's inner north market, this one-bedroom apartment in Downer presents an excellent opportunity. Practical in design and well located, it offers an accessible way to secure a property in a part of Canberra that continues to attract strong buyer and tenant interest. Currently tenanted and delivering a solid rental return, the property will immediately appeal to investors looking for a straightforward addition to their portfolio or a smart first investment. For owner-occupiers, it also represents an affordable chance to secure a foothold in Canberra's inner north and enjoy the convenience of a well-connected location. Positioned close to the Downer shops, Dickson, Watson, the CBD, universities and the tram, this is a property that offers everyday convenience along with long-term appeal. Whether you are looking to invest or secure an affordable entry into a tightly held area, this is a smart opportunity in a location that is getting harder and harder to access at this price point. ï¿½ Affordable entry into Canberra's inner north market ï¿½ Currently tenanted with excellent rental return ï¿½ Practical one-bedroom apartment ï¿½ Well located in popular Downer ï¿½ Close to Downer shops, Dickson and Watson precincts ï¿½ Easy access to the CBD, universities and light rail ï¿½ Smart option for investors and value-focused buyers

Features

1 bedroom

1 bathroom

1 carspace

1 carport space

712 m² lot size

Apartment

Property history for 5/63 Melba Street

2024

Rented

Undisclosed

Leased on 07 Mar 2024 by LJ Hooker Dickson

Happy sellers in Downer

63%

63% of sellers in Downer reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 8 reviews in Downer over the last 12 months.

Local market activity for 1 bedroom apartments in Downer

In the last 12 months, 5 one-bedroom apartments similar to 5/63 Melba Street, have been sold.

This represents a 33% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

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