358/1 Anthony Rolfe Avenue, Gungahlin ACT 2912

358/1 Anthony Rolfe Avenue, Gungahlin ACT 2912
2 bed 2 bath modern tower unit | town-centre living | strong rental demand | amenity-rich building | compact urban footprint This unit sits in a modern, high-density Gungahlin Town Centre complex, offering a configuration that suits first-home buyers, professional couples, and investors seeking low-maintenance urban living. The building stock is newer-generation, with energy-efficient design, double glazing, and shared resort-style amenities like a pool, gym, and BBQ areas. Its location near schools, retail, dining, and transport makes it a practical choice for those prioritising walkability and convenience over land ownership. The owner-occupier majority in the area suggests a stable community feel, while the rental market remains active, supporting consistent demand. Value may be influenced by the unit’s exact floor level and aspect, which affect natural light, privacy, and outlook. Being in a high-density precinct, trade-offs like limited land and reliance on strata facilities are inherent. The property’s modern finishes and energy rating could support a premium over older stock, but the compact layout and shared building amenities might cap upside compared to larger or ground-floor alternatives. Buyers should weigh these factors when forming a view on price. || Comparable Sales: 318/1 Anthony Rolfe Avenue sold $450,000; 329/1 Anthony Rolfe Avenue 98m² modern unit | Property Price Band: $400,000–$500,000 | Value Drivers: floor level, building amenities, modern condition
Detailed Independent Property Report prepared  by PropCred Analyst team for 358/1 Anthony Rolfe Avenue, Gungahlin ACT 2912
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk
Income Risk ! 1
Execution Risk
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Market Insight

Gungahlin presents a two-speed market. Houses show resilience, with medians between $965,000 and $1.0 million and annual growth of 2.3–4.4% across sources, while units range from $425,000 to $464,846, with one source showing 3.4% growth but two others posting declines of 2.1% and 4.0%. Houses sell faster, averaging 48 days on market versus 76 days for units, with 60 house sales and 155 unit sales in the past year. Demand for units is yield-driven: gross rental yields hit 6.17–6.5%, versus 4.25% for houses, and median unit rent sits at $530 weekly. That yield premium suggests investor appetite, while houses likely attract owner-occupiers despite lower returns. The divergence in unit price data and slower turnover signals softer conditions in that segment, a key risk. Overall, Gungahlin’s house market holds its ground, but unit pricing faces downward pressure.
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PropCred Estimated Value

Comparable Sales: 318/1 Anthony Rolfe Avenue sold $450,000; 329/1 Anthony Rolfe Avenue 98m² modern unit | Property Price Band: $400,000–$500,000 | Value Drivers: floor level, building amenities, modern condition

Bedrooms

2

Bathroom

2

Parking

1

Land

1.82 acres

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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