OFF MARKET

2/54-56 Ernest Cavanagh Street
Gungahlin ACT 2912

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 82m2
Land area: 17188m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 2/54-56 Ernest Cavanagh St, Gungahlin

2/54-56 Ernest Cavanagh St, Gungahlin is a 2 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 17188m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
2006
Floor Size
82m2
Land Size
17188m2
Local Government
Gungahlin
Lot/Plan
GUNGAHLIN: Block 1, Section 10, Unit 2

Last Listing description (October 2020)

Located in the heart of the Gungahlin Town Centre, only moments from the Light Rail, have the opportunity to create the lifestyle you've always envisioned. Ideal for any live-in owner looking to take advantage of this fantastic location, first home buyer looking to enter the market, or the astute investor looking to add a property to their portfolio, this spacious and convenient residence ticks all the boxes.

Enjoy the northern aspect, with an abundance of natural light that flows throughout this home daily. The large open plan living area offers you a large gathering of space to relax in comfort and entertain in style. The functional kitchen also offers a practical cooking space, with a new Omega cooktop, integrated dishwasher, stone benchtops and ample cupboard and bench space for easy meal preparation. The options to create your own relaxed lounge area with a separate meals or dining space can be accommodated with the size offered to you within. The separate study room also provides you with another versatile option to create an additional living space, second bedroom or home office.

If you're looking to maximize the space in this home, then bring the indoors out, as you extend onto the well sized balcony. Create the ideal space to cater for any social occasion or a peaceful getaway over a morning coffee or afternoon drink. Uncompromising comfort is evident throughout with a fresh coat of paint, new LED downlights, NBN connection, split-system heating and cooling, window treatments, clothes dryer and washing machine, just some of the notable inclusions and benefits provided to you within.

In this highly desirable location, set on the doorstep of the vibrant town centre. Enjoy the plethora of fine local restaurants, cafs & bars, your social calendar will be overflowing as you keep your evenings and weekends busy. The Hibberson Light Rail stop is only metres away too, allowing you the option to travel into the hustle and bustle of Canberra's vibrant City Centre, Braddon and Dickson precincts.

Summary of features:
Located in the heart of the Gungahlin Town Centre
Vacant & ready for you to move into
North facing plenty of natural light throughout
Hibberson Street Light Rail just metres away
New Omega cooktop
Split-system reverse cycle air-conditioning
Freshly painted
New LED downlights
NBN connection
Window treatments
Large open plan layout
Fisher & Paykel integrated dishwasher
20mm stone benchtops
Ample cupboard & bench space
Main bedroom with balcony access
Mirrored sliding wardrobes
Second bedroom/living/office room
European style laundry with clothes dryer & washing machine
Intercom access
Outdoor communal garden area
Hibberson Street Light Rail stop 150 metres away
Eastlake Gungahlin Club 450 metres away
Club Lime 110 metres away
Gungahlin Lakes Golf Club 5-minute drive

Key figures:
Living area: 76m2
Balcony: 18m2
Rates: $1,455 p.a. (approx.)
Land tax (investor's only): $1,728 p.a. (approx.)
Strata: $5,084 p.a. (approx.)
EER: 6

Property History for 2/54-56 Ernest Cavanagh St, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Last Sold
$294,000
30 Oct 2020
Listed for Rent
$380/w
19 Sep 2018
  • 30 Oct 2020
    Sold for $294,000
  • 15 Oct 2020
    Listed for Sale Offers over $285,000
  • 05 Sep 2018
    Listed for Rent $380 / week
Sign in to see more transactions

Commute Calculator

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

Market Insights
Gungahlin Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Gungahlin Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.