SOLD
Sold on 21 Jun 2024 for $1,077,500

8 Sarson Street
Gungahlin ACT 2912

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 210m2
Land area: 603m2
Sold By
Stone Real Estate Gungahlin
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Property Details for 8 Sarson St, Gungahlin

8 Sarson St, Gungahlin is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 603m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Gungahlin in the last 12 months.

Building Type
House
Year Built
2004
Floor Size
210m2
Land Size
603m2
Local Government
Gungahlin
Lot/Plan
GUNGAHLIN: Block 2, Section 133

Last Listing description (August 2024)

INVESTORS!

INVESTORS: Are you looking for a stress-free, low maintenance investment with a fantastic scope for capital growth, then this beautiful 4-bedroom, 2-bathroom home situated on a large 603 sqm block, located in Gungahlin, is the one for you!

There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in 2027. Currently rented at $830 per week, returning an excellent investor yield. Spacious and perfect for investors looking for good long-term growth and the security of guaranteed rent from a DHA (Defence Housing Australia) lease.

*Please note, this property is on a fixed-term lease with DHA. This property cannot be lived in until after the DHA lease expires*

*Please note, inspections will strictly be by appointment only.

Features Overview:
- West facing
- Single level floorplan
- Located a short drive into Gungahlin Town Centre for shops, restaurants, transport, schools and other amenities; also near outdoor activities and parks such as Yerrabi Pond.
- NBN connected with Fibre to the Premises (FTTP)
- Age: 20 years (built in 2004)
- EER (Energy Efficiency Rating): 4.5 Stars

Sizes (Approx.)
- Internal Living: 210.89 sqm
- Pergola: 20.15 sqm
- Porch: 2.34 sqm
- Total residence: 270.84 sqm
- Block: 603 sqm

Prices:
- Rates: $620.80 per quarter
- Land Tax (Investors only): $1,060.47 per quarter
- Current rental rate: $830 per week

Inside:
- Three spacious living areas
- North-facing lounge, dining and rumpus rooms
- Spacious meals and family area
- Large kitchen layout with quality appliances
- Walk-in pantry
- Separate linen room to laundry
- Separate wash room to bathroom
- Ensuite and walk-in wardrobe to bedroom 1
- Ducted gas heating
- Ducted evaporative cooling

Outside:
- Wide pergola accessible from family and rumpus
- Porch at entryway
- Abundance of grass space outside

Construction Information:
- Flooring: Concrete slab on ground
- External Walls: Brick veneer
- Roof Framing: Timber: Truss roof framing
- Roof Cladding: Concrete roof tiles
- Window Glazing: Single glazed windows
- Wall Insulation: Thermal insulation value approximately R-1.5
- Roof Insulation: Thermal Insulation value approximately R-3.0

Being the heart of the District, Gungahlin is highly sought, featuring local kids playgrounds, multiple schools, shopping centres, day care and an array of amenities including, cafes, restaurants, supermarkets including Woolworths, Coles and Aldi, commuting to the city is a breeze with easy access to the light rail network.

Inspections:
Strictly by appointment only. Please email jessdoolan@stonerealestate.com.au to discuss inspection times.

Disclaimer: The material and information contained within this marketing is for general information purposes only. Stone Gungahlin does not accept responsibility and disclaims 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 8 Sarson St, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Last Sold
$1,077,500
21 Jun 2024
  • 21 Jun 2024
    Sold for $1,077,500
  • 27 Mar 2024
    Listed for Sale Not Disclosed
  • 10 Apr 2006
    Sold for $472,000

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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 4,293 properties. Over the last 5 years, Houses in Gungahlin have seen a 34.59% increase in median value, while Units have seen a 26.49% increase. As at 31 August 2024:

  • The median value for Houses in Gungahlin is $1,009,054 while the median value for Units is $467,519.
  • Houses have a median rent of $700 while Units have a median rent of $540.
There are currently 54 properties listed for sale, and 34 properties listed for rent in Gungahlin on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in 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.