7 Evadell Street, Gungahlin ACT 2912
7 Evadell Street, Gungahlin ACT 2912
High sticker | Rising supply risk | Land-heavy value | Amenity-tied upside
The price sits well above recent sales history and Domain’s midpoint estimate, suggesting a premium for size rather than location leverage. With land tax at $7,466 annually if rented and a $3,851 council rate, holding costs are material for an investor. The opportunity is in the scarce block size and triple garage in a suburb where 90% of neighbours are owners. For an owner-occupier seeking space, the house holds long-term utility. For an investor, yield is thin and risk is carried by the entry price.
The 710m² block and 422m² floorplan are the structural advantages—rare in Gungahlin’s newer infill. Combined FTTP and 5G support future resale to remote workers. Buyers with flexibility on timing should test market patience, as 34 days without a sale indicates supply may soften price. Best suited to a family trading up within the Harrison School catchment who values square metres over yield.
Independent, Unbiased Research Report for this property by PropCred Analyst team
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Market Insight:
Gungahlin presents a clear market divergence, with houses demonstrating stable capital growth and a relatively brisk sales pace, while the unit segment faces pricing pressure and slower turnover. This dynamic suggests demand is anchored by owner-occupiers seeking established homes, supported by solid rental yields that also attract investors, particularly to the unit market. The current conditions indicate a balanced but segmented environment, with future performance likely tied to broader affordability pressures and the relative supply of each dwelling type.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
3
Land
710m²
Assessments Delivered Today
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