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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Reid ACT 2612
New Listings (last 30 days)
10
Average price
$517,100
Lowest price
$399,000
Highest price
$650,000
Other properties in this postcode

504/81 Cooyong Street, Reid ACT 2612

Listed: 17th Jun 2026
Updated: 33 days ago
Overview

Located in the highly regarded Metropol development, this modern inner-city apartment at 504/81 Cooyong Street offers a superb blend of contemporary living, convenience, and strong appeal for city fringe residents. The apartment features a well-designed and practical floor plan comprising two bedrooms, one bathroom, a secure car space, and a private balcony, making it an excellent choice for first-home buyers, professionals, downsizers, or investors seeking a low-maintenance urban lifestyle.

The internal living area spans approximately 63 square meters, complemented by a balcony of about 9 square meters, resulting in a total area of around 72 square meters. The open-plan living and dining area seamlessly connects to the balcony, creating a bright and comfortable space ideal for everyday living and entertaining. The apartment also includes a separate study area, providing flexibility for working from home, reading, or additional storage needs.

The kitchen is modern and equipped with quality appliances, while the bathroom is thoughtfully designed for functionality. Built-in storage solutions and secure building access enhance the convenience and security of the residence. The apartment's energy efficiency rating (EER) is a minimum of 6.0, reflecting its sustainable design.

Metropol is renowned for its bold architectural style and premium location, situated just moments from Canberra Centre, Glebe Park, Braddon’s vibrant cafés and restaurants, the Australian National University (ANU), and the Canberra Central Business District (CBD). This prime location offers residents unparalleled access to shopping, dining, public transport, and entertainment options, all within easy walking distance.

Key property specifications include:

  • Internal living area: 63 square meters
  • Balcony area: 9 square meters
  • Total area: 72 square meters
  • Bedrooms: 2
  • Study: 1
  • Bathroom: 1
  • Car space: 1
  • Energy Efficiency Rating (EER): Minimum 6.0
  • Strata levies: Approximately $1,050.05 per quarter
  • General rates: Approximately $528 per quarter

Additional features of the apartment include a spacious bedroom with built-in robes, a separate study area ideal for home office use, an open-plan living and dining space, a modern kitchen with quality appliances, and a private balcony that extends the indoor living area. The floor plan is functional and low-maintenance, complemented by secure car parking and building access.

This apartment is an excellent option for owner-occupiers and investors alike, offering a sought-after lifestyle within the Metropol development. Its location provides easy access to key Canberra amenities and attractions, including:

  • Canberra Centre and CBD – approximately a 1-minute walk
  • Braddon restaurants and cafés – approximately a 6-minute walk
  • Lake Burley Griffin – approximately an 8-minute walk
  • Australian National University (ANU) – approximately a 10-minute walk
  • Glebe Park – within easy walking distance
  • Close proximity to retail, public transport, and entertainment facilities

The property is well suited for a variety of buyers, including first-home buyers seeking a premium city location, professionals working in the Canberra CBD, students or staff requiring easy access to ANU, downsizers looking for a low-maintenance apartment, investors attracted by strong inner-city rental demand, and buyers who value lifestyle, convenience, and walkability.

Outgoings and financial considerations include strata levies of approximately $1,050.05 per quarter and general rates of about $528 per quarter. Land tax details are to be confirmed if the property is rented.

Overall, this apartment at 504/81 Cooyong Street represents a comfortable and practical urban living opportunity in a prime Canberra location, combining modern design, excellent amenities, and strong investment potential within the Metropol development.

Local Market Insights

In Reid, Quiet Listings observed 10 new apartments entering the market over the last 30 days, down from 16 during the previous 30-day period, with an average advertised asking price of $517,100. The property type mix of listed properties is predominantly Apartments at 52%, followed by houses (14%), and units (10%). The most active agency for apartments in the Reid area is currently Trusted Property - Canberra, representing 20% of new listings, followed by Carter and Co Agents with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
$489,000
$510,000