3 Borrowdale Street Red Hill ACT 2603

4 / 3 / 5 / 1121 m2

Here you can find what you need to know about 3 Borrowdale Street , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Red Hill, ACT and much more.

Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603
Property photo of 3 Borrowdale Street Red Hill ACT 2603

Property Insights

3 Borrowdale Street Estimated Value

$1,800,000 - $2,000,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
High confidence estimate
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Last sold for $1,879,000 on 18/03/2020

Sale Type: Full Property Transfer, Land And Improvement

Mortgage
Repayment
$1,424 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
Medium confidence
Gross
Cashflow
Estimated
Gross Yield
Low confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 4
Bathrooms 3
Car Spaces 5
Land Size 1121 m2
Floor Area 340 m2
House Type House: One Storey / Lowset
Council Area Canberra Central
Year Built 1965
Zone Standard Residential Property
Lot/Plan Red Hill ACT
Property Type House

Last listing description (March 2020)

Potential residential development site in a prime Red Hill location.
A blue ribbon Inner South location, RZ2 Suburban Core zoning and a block area of 1121 square metres, within a short walking distance of local shops and schools, combine to make this potential residential development site an exceptionally attractive proposition.

The gently sloping block is further enhanced by clear views to Black Mountain and Red Hill across a north eastern boundary of approximately 50 metres with a further frontage of approximately 43 metres to tree lined Borrowdale street.

The property stands to benefit significantly from the imminent and major revitalisation of the immediate local area bound to result from the development of Red Hill's landmark project - 'The Precinct' - by Stockland and Doma Group.

Initial investigation indicates the site could yield up to 4 dwellings under the adaptable housing provisions, with an allowable plot ratio of 50% providing a gross floor area of 560.5 square metres with a two storey height control. A well considered design across this site could cater perfectly to a burgeoning downsizingmarket. An initial site arrangement concept comprising 3 separate dwellings of approximately 187 m2 each completed by ASDS is provided here for information purposes.

The existing, substantial house, which is currently let, has been significantly improved through renovation in recent years and would provide an impressive family home.

Description: Block 18 Section 29 Red Hill.
Approximate Potential Site Area : 1121 square metres.
Approximate Frontage: 43 metres to Borrowdale Street
Zoning: RZ2 Suburban Core Zone
Current Improvements: 2 storey, 4 Bedroom, 3bathroom house
EER: 4


All boundaries shown are approximate and indicative only. Any reference to potential development capacity is approximate, indicative and subject to the buyer's own due diligence and all required approval by any relevant authority.

Property Timeline

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Suburb Insights

Red Hill, ACT 2603

No data available Part of: Unincorporated ACT Council

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Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 3 Borrowdale Street, including the property sale history and estimated market value as well as insights into Borrowdale Street and Red Hill 3 Borrowdale Street Red Hill ACT 2603