107/11 Giles Street, Griffith ACT 2603
107/11 Giles Street, Griffith ACT 2603
2-bed 1-bath unit | shared pool & gym complex | inner-south Griffith | owner-occupier bias | EER varies by unit
This unit stands out for combining private balcony and courtyard with access to a substantial amenity package—indoor and outdoor pools, gym, barbecue areas, and landscaped grounds—rare for a 2-bedroom apartment in Griffith’s tight inner-south market. The 1999 building is well-established, and the location near Manuka, Kingston, and the parliamentary triangle appeals strongly to downsizers and professionals wanting low-maintenance living without sacrificing lifestyle. The 2/1/1 layout is standard, but the dual outdoor spaces and complex facilities give it a competitive edge over basic apartment stock, making it best suited to buyers prioritising convenience and shared amenities over private land.
Strata levies and building management costs may shape ongoing affordability, with comparable units in the complex showing annual levies around $6,900 and rates near $3,300—figures worth verifying for this specific unit. The building’s mixed energy ratings, ranging from 2.5 to 6.0 across listings, suggest unit-level variation that could influence running costs and appeal to efficiency-focused buyers. Recent sales within the complex indicate moderate capital growth, with a 2-bed unit selling for $511,000 in August 2025 after a 2020 purchase at $415,000, though larger configurations have achieved higher prices, providing a useful reference point for this unit’s potential range.
Detailed Independent Property Report prepared by PropCred Analyst team for 107/11 Giles Street, Griffith ACT 2603
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Griffith commands premium positioning, with house medians around $2.2 million and units near $575,000–$611,000, well above the ACT median. Demand is driven by investors: gross rental income runs 7.1% above the territory average, and 55% of owners hold mortgages, signalling a mix of leveraged investors and owner-occupiers. Price conditions are mixed; reported annual house growth ranges from -4.4% to 11.9% across sources, suggesting volatility rather than a clear trend, while units show similarly divergent signals. Houses sell in roughly 32–34 days, indicating firm turnover. Future growth is underpinned by tight supply within the inner-south premium segment and consistent rental yields of 3.7% for houses and 4.9% for units. Key risks include affordability constraints at the premium end, sensitivity to interest-rate movements, and sluggish ACT-wide rent growth, leaving value highly dependent on buyer appetite for high-priced stock.
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PropCred Estimated Value
Comparable Sales: 110/11 Giles Street sold $511,000 (Aug 2025); 137/11 Giles Street sold $560,000 (Aug 2024) | Property Price Band: $500,000–$600,000 | Value Drivers: complex amenities, dual outdoor space, building age and condition.
Bedrooms
2
Bathroom
1
Parking
1
Land
1.02 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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