228/1 Gungahlin PlaceGungahlin ACT 2912
Property Details for 228/1 Gungahlin Pl, Gungahlin
Last Listing description (July 2024)
Ray White Commercial Canberra on behalf of The Suburban Land Agency are releasing this prime town centre site, zoned for a mix of commercial and residential uses.
Block 1, Section 228 Gungahlin is a generous 10,171m CZ1 Core zoned site located in the fast growing Gungahlin town centre.
Providing street activation with ground and first floor commercial uses, the block is ideally located close to bus and light rail options, in a busy commercial and retail hub.
The Suburban Land Agency and the Gungahlin community have a strong vision for the Gungahlin Town Centre to be a place that cares for Country, connects the community and creates new ways of living and working. Showcasing sustainable city-building on this site is important to delivering an enduring legacy for the Canberra community.
Tender details: Block 1, Section 228 Gungahlin is being offered to market by two-stage design tender. We are seeking interest from parties with a proven record of delivering similar mixed-use projects.
Property History for 228/1 Gungahlin Pl, Gungahlin, ACT 2912
- 23 Jun 2023Listed for Sale Request for Tender
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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 4,219 properties. Over the last 5 years, Houses in Gungahlin have seen a 31.65% increase in median value, while Units have seen a 24.02% increase. As at 30 September 2024:
- The median value for Houses in Gungahlin is $991,464 while the median value for Units is $463,754.
- Houses have a median rent of $660 while Units have a median rent of $540.
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