OFF MARKET

703/90 Swain Street
Gungahlin ACT 2912

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 703/90 Swain St, Gungahlin

703/90 Swain St, Gungahlin is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Gungahlin

Last Listing description (February 2024)

Welcome to The Establishment. Created by two of Canberra's most eminent developers, Empire and Geocon, this vibrant community of 1 & 2 bedroom apartments offers the best of modern urban living in Canberra.
INVESTOR INFORMATION- Settlement March
Positively Geared

Rental Yield 6.%
Vacancy Rate 0.7%
Capital Growth House 20% Units 5% last 12 months
Ideal for young families, smart investors and urban professionals, The Establishment's extraordinary amenities have been designed to enhance every aspect of life for the dynamic city-dweller.

Resident's Amenities:
- Lap-pool with spa
- Gym
- Open-air dining and cinema
- BBQ areas

Location:
- 8-minute walk to Marketplace Gungahlin
- 5-minute walk to Yerrabi Pond District Park
- 10-minute walk to Hibberson St light rail terminal
- 3-minute drive to Mulligans Flat nature reserve
- 17-minute drive to Canberra International and Domestic Airport
- 18-minute drive to Canberra CBD

Property History for 703/90 Swain St, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
  • 23 Jan 2023
    Listed for Sale From $387,900

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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.