OFF MARKET

53/40 Swain Street
Gungahlin ACT 2912

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 2769m2
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Property Details for 53/40 Swain St, Gungahlin

53/40 Swain St, 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 45m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2011
Floor Size
45m2
Land Size
2769m2
Local Government
Gungahlin
Lot/Plan
GUNGAHLIN: Block 1, Section 72, Unit 53

Last Listing description (January 2024)

What You'll Love

Simple and convenient, this smart one-bedroom unit in the heart of one of Canberra's most bustling regions is the ideal first home purchase or addition to your property portfolio. With the best of Gungahlin on offer at your doorstep, including food and drinks, shopping, and even parks and grasslands, this home is perfectly positioned to give you or your tenants an enviable lifestyle. What's more, with easy links to other town centres, Canberra's CBD and beyond thanks to heaps of nearby public transport options and access to main roads, you'll be as connected as ever to anything else you might need.

A neat and tidy home, this unit has a functional floor plan, contemporary finishes, and a sunny balcony off the living area. Timber look flooring leads from the open plan living and kitchen area, right through to the spacious bedroom. The kitchen is compact and practical, with stainless steel appliances and a dishwasher. The living area is well proportioned, and a reverse cycle air conditioner keeps the entire apartment climate controlled year-round. Back down the hall is the main bathroom with chrome finishes, and finally the bedroom sits at the end of the hallway with built-in robes and a large window with a leafy outlook. Downstairs is a single secure car space, and the unit is lucky to benefit from two storage cages for extra convenience.

A smart investment with a current rental income of $380 per week, this unit is primed for you to move in and enjoy or rent out and reap the benefits. A cracking prospect with real lifestyle appeal, 53/40 Swain Street, Gungahlin is a home where you or your tenants will live where you love.

At a glance...

- Smart one-bedroom unit
- Functional floor plan with contemporary finishes
- Good sized bedroom segregated from living area
- Generous sized kitchen with plenty of bench and storage space
- Main bathroom with shower, vanity and toilet
- European laundry
- Reverse cycle split-system
- 8sqm North facing balcony
- Single basement car park with two storage units
- Intercom access to building for guests
- Walking distance to public transport, Gungahlin Town Centre, Yerrabi pond and so much more

Love The Location

- Within 8 minutes' walk to the Gungahlin Town Centre
- Within 10 minutes' walk to the Yerrabi Pond
- Within 8 minutes' walk to the light rail station
- Within 20 minutes' drive to the Canberra CBD

Property details...

Living: 45sqm
Balcony: 8sqm
Built: 2011
EER: 6.0
Rates: $429pq (approx)
Land Tax: $521pq (approx)
Body Corporate: $863pq (approx. both administration and sinking fund included)
Current Lease: Periodic $380pw

Disclaimer: The material and information contained within this marketing is for general information purposes only. Canberry Properties does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

Property History for 53/40 Swain St, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Last Sold
$330,000
20 Feb 2023
Listed for Rent
$320/w
05 Jul 2017
  • 20 Feb 2023
    Sold for $330,000
  • 03 Nov 2022
    Listed for Sale $330,000
  • 10 Jan 2018
    Sold for $250,000
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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.