OFF MARKET

10/54-56 Ernest Cavanagh Street
Gungahlin ACT 2912

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 17188m2
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Property Details for 10/54-56 Ernest Cavanagh St, Gungahlin

10/54-56 Ernest Cavanagh St, Gungahlin is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 17188m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
Unit
Year Built
2006
Land Size
17188m2
Local Government
Gungahlin
Lot/Plan
GUNGAHLIN: Block 1, Section 10, Unit 10

Last Listing description (April 2020)

** Due to the current COVID19 situation, an inspection of this property is by appointment, however, you will need to book in your appointment time with the agent prior to the day. Please contact Andrew Potts on 0404 895 162 to or Robert Potts on 0408 626 096 to arrange a viewing. Alternatively, we have video appointments available where required. We look forward to continuing to help with your property needs in this period**

This spacious 1 bedroom plus study apartment is located in the heart of the rapidly expanding Gungahlin Town Centre amongst shops, cafes, restaurants & a host of other amenities.
This is an opportunity to benefit from the significant investment in infrastructure within the Gungahlin region, including the Light Rail Network. The recently approved construction of a further cinema & retail centre in the town centre is further testament of Gungahlin becoming a destination within its own right.

The apartment is positioned on the 2nd floor providing a pleasant Northern outlook from the generous size balcony. Boasting open plan living areas, a generous bedroom with built-in robes & a versatile study room, this apartment is sure to provide you with plenty of options for the future.

A well-equipped kitchen featuring stone benchtops & stainless steel Fisher & Paykel appliances is a welcome surprise. The breakfast bar is also a perfect addition to this area, catering to those who enjoy casual dining on the go.

Other features include restricted access parking, storage area & NBN connection.
Ideal for live-in owners & investors, this apartment represents an exciting opportunity to buy into the centre of this popular growth region.

Summary of features:

Ultra-convenient location
Located within the high growth area of Gungahlin
Spacious living areas
1 generous bedroom (with built-in robes)
Separate study room (ideal for the guest bedroom or home office)
Bathroom with separate toilet
Separate laundry
Large North facing balcony
Well-equipped kitchen with stone benchtops & breakfast bar
Fisher & Paykel stainless steel appliances
New carpets
Freshly painted
Split system reverse-cycle air conditioning
Lift access to the apartment
Intercom access
Basement car space plus separate storage cage
Public transport, retails centres & schools all at your doorstep
Popular cafes & restaurants just downstairs
NBN connected
Separate linen cupboard
Internal living area: 65m2
Balcony size: 14m2

Property History for 10/54-56 Ernest Cavanagh St, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Last Sold
$270,000
02 Apr 2020
  • 02 Apr 2020
    Sold for $270,000
  • 16 Mar 2020
    Listed for Sale Under Contract
  • 14 Nov 2007
    Sold for $305,000
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About Gungahlin 2912

The size of Gungahlin is approximately 4.6 square kilometres. It has 17 parks covering nearly 38.1% of total area. The population of Gungahlin in 2011 was 5,617 people. By 2016 the population was 6,141 showing a population growth of 9.3% in the area during that time. The predominant age group in Gungahlin is 20-29 years. Households in Gungahlin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gungahlin work in a professional occupation. In 2011, 48.4% of the homes in Gungahlin were owner-occupied compared with 43.7% in 2016.

Gungahlin has 4,213 properties. Over the last 5 years, Houses in Gungahlin have seen a 35.29% increase in median value, while Units have seen a 23.23% increase. As at 31 October 2024:

  • The median value for Houses in Gungahlin is $1,005,108 while the median value for Units is $457,271.
  • Houses have a median rent of $660 while Units have a median rent of $538.
There are currently 53 properties listed for sale, and 21 properties listed for rent in Gungahlin on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Gungahlin.

Suburb Insights for Gungahlin 2912

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.