5/63 Melba Street, Downer, ACT 2602

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Friday, June 05, 2026 ( See property details for 5/63 Melba Street, Downer, ACT 2602)

Price Guide Above $299,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A practical and well-located one-bedroom apartment in Downer, ideal for investors and first-home buyers seeking affordability and convenience in Canberra's inner north.

🏡 Property Highlights

  • Affordable entry into Canberra's inner north market
  • Currently tenanted with excellent rental return
  • Practical one-bedroom apartment
  • Well located in popular Downer
  • Close to Downer shops, Dickson and Watson precincts
  • Easy access to the CBD, universities and light rail

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Low-Maintenance Yard
  • Secure Parking

Downer is a sought-after suburb in Canberra's inner north, known for its convenient location, strong community vibe, and proximity to essential amenities. It offers excellent connectivity to the CBD, universities, and public transport, making it ideal for both investors and owner-occupiers. The area features a mix of established homes and modern apartments, with easy access to shopping precincts, parks, and recreational facilities. Downer continues to attract a diverse range of residents seeking a balanced lifestyle with urban convenience and a friendly neighbourhood atmosphere.

What are the ongoing costs associated with this apartment?
Ongoing costs typically include strata fees, council rates, and utility bills. It's advisable to request a detailed breakdown from the selling agent.
Is the property suitable for first-time buyers?
Yes, this apartment offers an affordable entry point into Canberra's inner north market, making it ideal for first-time buyers seeking convenience and value.
What is the condition of the apartment?
The apartment is well-maintained and practical in design, with modern features such as built-in robes and high-speed internet readiness.
Are there any restrictions or covenants on the property?
Any restrictions or covenants would be detailed in the title or strata documentation. It is recommended to review these before proceeding.
What are the nearby amenities and transport options?
The property is close to Downer shops, Dickson, Watson precincts, the CBD, universities, and has easy access to light rail and public transport.
Are there any upcoming strata fee increases or special levies planned for the building? Has the property been inspected for any structural issues or repairs needed? Are there any zoning restrictions or future development plans in the area that could affect the property? Is the property located in a flood or bushfire-prone zone? Are there any existing easements or covenants that could impact future renovations or use? What are the terms of the current tenancy, and is there scope for the tenant to stay or vacate? Are there any planned infrastructure projects or construction nearby that could cause noise or disruption? What are the long-term capital growth prospects for this suburb? Is the property compliant with all building and safety regulations? Are there any additional costs or fees associated with the property that are not immediately apparent?

5/63 Melba Street, Downer, ACT 2602 - More Details

Price Guide Above $299,000

Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1

Auctions

  • 5/63 Melba Street, Downer, ACT 2602

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