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Unit 2,
Torrens COURT 1 BASEDOW STREET Torrens ACT 2607

This property is Off Market

All about Torrens Homes for sale in Torrens


  • The Average property price in this area is $1,074,949, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 105.82 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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Recently Sold Properties in this Area

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About Torrens

With an average age of 38, households expect an average monthly mortgage payment of $2,383 or a weekly rent payment of $500. The average family earns a weekly income of $3,107 with a typical household size of 2.7 and a 96.27% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Torrens are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Torrens changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Torrens to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Torrens we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Torrens a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 231 asthma sufferers and 84 people living with diabetes. In addition, 109 people have a heart/vascular condition and 173 people live with three or more chronic diseases.

A good place to invest in property?

Torrens a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Australian Capital Territory State average 56 / 100

Income

57 / 100

56 / 100

Industry

16 / 100

28 / 100

Population

15 / 100

26 / 100

House Prices

67 / 100

72 / 100

Jobs

20 / 100

32 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Mawson Primary School

    Mawson, ACT, 2607 Independent K-6

  • Torrens Primary School

    Torrens, ACT, 2607 Independent K-6

  • Marist College Canberra

    Pearce, ACT, 2607 Independent 4-12

  • Sacred Heart Primary School

    Pearce, ACT, 2607 Independent K-6

  • Melrose High School

    Pearce, ACT, 2607 Independent 7-10


Property Story

Unit 2, Torrens Court, 1 Basedow Street, Torrens, Act, 2607 is a residential property . The estimated distance to the sea is 105.82km and at least 1.02KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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