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Sold on 26 Nov 2024 - Price Unavailable

35/1 Gungahlin Place
Gungahlin ACT 2912

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
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Property Details for 35/1 Gungahlin Pl, Gungahlin

35/1 Gungahlin Pl, Gungahlin is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Apartment sold in Gungahlin in the last 12 months.

Building Type
Apartment
Floor Size
52m2

Last Listing description (November 2024)

A one-bedroom apartment with a study nook and north-facing orientation.

Featuring new balcony tiles, fresh carpet, paint, and updated electrical work, this property has undergone all the necessary renovations, allowing you to reap the benefits.

A common concern from buyers when considering a one-bedroom apartment is the lack of space for a study. That's not an issue here. With a study nook/storage room, this apartment offers the flexibility for a designated dining and living area, making working from home more convenient. And when the workday is over, you can simply close the study door.

The kitchen boasts an L-shaped design with stone benchtops and ample space to move around, complemented by an electric stovetop.

The split system in the living area ensures comfort year-round, and the north-facing aspect maximizes sunlight, making the most of the warmer, longer days ahead.
With a secure tenant in place, this one-bedroom apartment + study nook offers a true set-and-forget investment opportunity.

Living in Gungahlin means being close to shops, bakeries, and excellent public transport options-the best in the capital. Gungahlin strikes a perfect balance between a bustling CBD and suburban living. Over the next 10 years, the area is set to undergo significant development, including the addition of a TAFE, a cinema, further expansion of the shopping precinct, and more residential dwellings. Originally established in 2003 as a defense suburb, Gungahlin is transforming into a thriving Business District in the 2020s.

Property Features
� Small Complex
� North facing apartment
� Laundry in the apartment (on the floorplan it says Linen)
� New balcony tiles
� Fresh Carpet
� Fresh Paint
� Pelmet curtains for black-outing the rooms
� Spacious kitchen
� Study nook/storage space
� Top floor apartment (3 floors only)
� Close to local patisserie, Le Bon Melange
� Central Gungahlin Location
� Set and forget investment with $900 a fortnight incoming

Property History for 35/1 Gungahlin Pl, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Last Sold
26 Nov 2024
Listed for Rent
$380/w
18 Feb 2019
  • 26 Nov 2024
    Sold
  • 29 Aug 2024
    Listed for Sale Sold
  • 14 Jun 2024
    Listed for Rent $450 / week
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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 4,303 properties. Over the last 5 years, Houses in Gungahlin have seen a 36.95% increase in median value, while Units have seen a 23.58% increase. As at 30 November 2024:

  • The median value for Houses in Gungahlin is $1,019,077 while the median value for Units is $457,696.
  • Houses have a median rent of $650 while Units have a median rent of $535.
There are currently 51 properties listed for sale, and 20 properties listed for rent in Gungahlin on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in Gungahlin.

Suburb Insights for Gungahlin 2912

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Brianna Williams
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LJ Hooker Gungahlin
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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.