OFF MARKET

34/1 Gungahlin Place
Gungahlin ACT 2912

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 2769m2
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Last updated 11 Nov 2024
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Property Details for 34/1 Gungahlin Pl, Gungahlin

34/1 Gungahlin Pl, Gungahlin is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 2769m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last transferred in February 2024.

Building Type
Unit
Year Built
2011
Floor Size
52m2
Land Size
2769m2
Local Government
Gungahlin
Lot/Plan
GUNGAHLIN: Block 1, Section 72, Unit 34

Last Listing description (September 2023)

This conveniently located apartment is situated on a quiet one-way street, just a 700m walk from the vibrant Gungahlin Town Centre. It features a north-facing orientation and consists of a spacious one bedroom plus study layout.

The apartment offers a functional and open plan 67sqm living and dining area, complemented by an 8m2 balcony that faces north, providing an ideal space for year-round. The well-equipped kitchen boasts stainless steel appliances, stone benchtops, and ample storage.

The complex is well-maintained, with a pleasant separation of units by established gardens and trees. There is also an open grassed area separating the apartment from the neighboring properties across the road, creating a suburban bush feel. Additionally, the location allows for easy access to amenities without the need for a car. The light rail, just a 600m walk from the front door, as well as the local shopping center, restaurants, and bars, contribute to the convenience and cosmopolitan living experience.

Currently tenanted at $400 per week with a lease in place until April 2024, this apartment presents a great opportunity for a set and forget investment.

Spacious one-bedroom apartment
Open plan living/dining space with access to balcony
Master bedroom with built-in robe
European laundry
Reverse-cycle split system
Secure underground car park
North facing
Prime location walking distance to Gungahlin Marketplace, light rail and public
transport

EER: 6 Stars
Unit size 67 m2 (approx.)
Built 2011
Body Corporate: $964.43 per quarter (including sinking fund)
Rates: $1,412 per annum
Rented at $400 per week

Property History for 34/1 Gungahlin Pl, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Last Transferred
24 Feb 2024
Listed for Rent
24 Jun 2020
  • 24 Feb 2024
    Transferred
  • 24 May 2023
    Listed for Sale $355,000+
  • 10 Jun 2020
    Listed for Rent - Price not available
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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.