Back 7/2 Velacia Place
Off Market

7/2 Velacia Place

Queanbeyan NSW 2620

2
1
1
60 m²
Apartment
Justin IngramJustin Ingram, last sold this property on 17 January 2024 after 85 days on market.

Overview

Perfect investment or first home

Welcome to 7/2 Velacia Place, Queanbeyan your gateway to comfortable living and smart real estate investment. Step into this delightful two bedroom apartment, where you'll find everything you need for comfortable living. The kitchen, second bedroom and bathroom, all facing north, flood the space with natural light, creating a warm and inviting atmosphere. As for the living area, it enjoys abundant afternoon sun and comes equipped with a reverse cycle split system to ensure your comfort throughout the year. Imagine sipping your morning coffee on the balcony, taking in the fresh air and views. This property is located in a small and intimate complex, offering a sense of community. It occupies an elevated position, providing lovely vistas of the surrounding gardens. This property is the perfect opportunity for both investors looking to expand their portfolio and first homebuyers searching for an affordable and comfortable place to call home. IMPORTANT FEATURES: * North facing open kitchen * Two good sized bedrooms * Renovated bathroom * Spacious living area * Reverse cycle air conditioner to living area * Sunny westerly balcony provides afternoon sun to the master bedroom and living area * Carport and off-street visitor parking * Large communal laundry with commercial grade washing machine (shared between only two units) * No shared walls * Very close to Queanbeyan CBD IMPORTANT NUMBERS: * Internal living: 60 sqm * External living: 14 sqm Balcony * Garage: 14 sqm Carport * Rates: $580 pq approx. * B/Corp: $972 pq approx. * Rental estimate: $390-$420 pw Disclaimer: The information contained herein is gathered from sources considered to be reliable, however MRKT Property accepts no responsibility for inaccuracies. All interested parties must solely rely on their own enquiries, inspections and confirm all information provided.

Features

2 bedrooms
1 bathroom
1 carspace
60 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Queanbeyan over the last 12 months, the estimated median property value of 7/2 Velacia Place is $475k.

Median value
$475k
Estimated value range
$320k - $585k
Median days on market
57
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Queanbeyan. 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 7/2 Velacia Place

2024
Sold
Undisclosed
Private Sale/Treaty on 17 Jan 2024 by Justin Ingram, of MRKT Property

Happy sellers in Queanbeyan

84%
84% of sellers in Queanbeyan reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 57 reviews in Queanbeyan over the last 12 months.

Local market activity for 2 bedroom apartments in Queanbeyan

In the last 12 months, 18 two-bedroom apartments similar to 7/2 Velacia Place, have been sold.

This represents a 28% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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