9/63 Camilleri Way, Gungahlin ACT 2912

9/63 Camilleri Way, Gungahlin ACT 2912
2-bedroom, 2-bathroom, 2-car apartment | 94mยฒ floorplate in a mixed-use zone | 6.0 EER, 5G coverage, bushfire overlay | Harrison School priority enrolment The 94mยฒ floor size is the strongest competitive edge here, offering rare space for a two-bedroom apartment in Gungahlin, which typically trades on smaller footprints. This extra square meterage gives the unit a genuine dual-occupancy feel, making it suitable for owner-occupiers who need a home office or investors targeting tenants who value room. The mixed-use CZ5 zoning and proximity to Harrison School and Gungahlin College add demographic depth to the rental pool, while the 6.0 EER rating is adequate for Canberraโ€™s climate. The two open car spaces are a practical bonus that lifts the property above comparable listings. The key risk is the 1.73-hectare shared lot, which introduces body corporate complexity and potential for future development noise. The bushfire overlay may affect insurance premiums and buyer perception, though it does not trigger flood or heritage restrictions. The 0% auction clearance rate in the local market suggests softening demand, so the buyer should negotiate firmly rather than chase. On the opportunity side, the property sits in a 5G coverage zone, a minor but real convenience for tenants. Hold this unit as a stable medium-term rental in a well-serviced corridor, and avoid overcapitalising on cosmetic upgrades.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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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

2

Bathroom

2

Parking

2

Land

1.73 ha

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