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40/17 Medley Street

40/17 Medley Street CHIFLEY, ACT 2606

Bed Icon2 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking
Bed Icon2 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking

Repayments are less than rent

A "rent buster" special for first home buyers.

This represents an opportunity to give your landlord the flick and start paying off your own mortgage, not his. And yes, the figures are right, you can enjoy the benefits of ownership at a price that is less than the weekly rental this property would attract. It's called a no brainer when you have the opportunity to start the new year as a homeowner.

All you need do is come up with the deposit and the other costs and you could get off the rental treadmill and fix your stake in the Canberra property market. If it sounds too good to be true, then come have a look and we can discuss what you need to do.

So, what do you get? Firstly, this is a 2 bedroom unit in a solid brick, older style project. It has a separate laundry and a separate bathroom, comprising a WC, bath and separate shower recess. Plus, there is a good size living dining area and separate kitchen, as well as a balcony. There is a covered carport under the building and your own storage cupboard. Plus, the building has a security door access to the stairwell, all controlled from your unit.

Located in the middle of the Woden Valley means it is only a 10-minute stroll to the local shops or to Woden. And if you want to drive, the easy access to the Canberra road network means it is 15 minutes to the City and less to Russell and/or the Parliamentary Triangle. Just Magic.

So, what's the catch. Well, the property has been rented for many years so let's not be shy; it will need a bit of a tidy up and some renovation, just like on the TV show - The Block. But with this property you could live there while you did all the work yourself.

If the family could support your loan application, you may need very little in terms of a deposit, and then you would be set. The Canberra market has been very strong over the past 12 months and people are clamouring to get into the market. So, if you are renting and want to stop losing money this is the opportunity you don't want to miss.

If you want to take advantage of the opportunity, then call today to arrange an inspection.

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Additional Features

  • Checkmark IconCarport

Information about this Unit

  • Listed on
  • Last updated
  • Property typeUnit
  • Building size84m² (approx)
  • Bedrooms2
  • Bathrooms1
  • Parking spaces1
  • EER1.0
  • Stamp dutyA$6,300
* Figures quoted above are approximate values based on available information.

Sales History for 40/17 Medley Street CHIFLEY, ACT 2606

There is currently no sale history available for 40/17 Medley Street.

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Local Neighbourhood

40/17 Medley Street CHIFLEY, ACT 2606 has 42 schools within 5 kilometres, with the closest being Marist College Canberra.

0.49 kmMarist College CanberraMarr Street, Pearce Pin Icon
1.05 kmMelrose Guidance and Counselling Service/Melrose HSMarr Street, Pearce Pin Icon
1.05 kmMelrose HighMarr Street, Pearce Pin Icon

About Chifley

40/17 Medley Street is located within the suburb of Chifley, which has a population of 2,407, a median age of 37 and an average household density of 2.3 people.

  • 2407Population
  • 37Median Age
  • 2.3Avg. Household Size
Median Sale Price

Household Composition

Established Families
Single Parent Families
Group Household

Dwelling Types


Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

Calculate Repayments


Median suburb price of A$730,000 from 2019.

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# Comparison rates are calculated on a secured loan of A$0 at 0% over 0 years.

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Medley Street

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