307/1 Anthony Rolfe Avenue, Gungahlin ACT 2912
307/1 Anthony Rolfe Avenue, Gungahlin ACT 2912
2-bed 2-bath 2-car apartment | Central Gungahlin walkability | Strong investor & owner-occupier appeal | Premium complex amenities | Mixed street context
This unit offers a genuinely practical configuration for the Gungahlin market, where two-bedroom apartments dominate demand but often compromise on parking or bathroom count. With two dedicated car spaces and two full bathrooms, it clears the bar for couples, share-households, or downsizers who want genuine autonomy without townhouse maintenance. The complex itself is positioned within a high-density, mixed-use precinct that prioritises convenience—light rail, the town centre, and open green space are all within easy reach. That walkability is a real competitive edge, particularly for buyers who value time over space. The building’s shared amenities, including a pool, gym, and rooftop entertaining areas, lift the everyday experience beyond what most comparable apartment blocks offer in this suburb. This unit best serves a professional couple, a first-home buyer seeking a long-term hold, or an investor targeting the steady rental demand that central Gungahlin consistently attracts.
Value may hinge on the internal presentation and exact floor level, which are not confirmed in available data. A higher floor with a favourable aspect could meaningfully strengthen resale appeal, while a lower level or less private outlook might temper it. The building’s age—likely mid-2000s or later—means finishes could vary from original to updated, and that condition gap is where price differentiation typically emerges. The recent sale of a similar two-bed, two-bath, two-car unit in the same complex at $485,000 provides a realistic reference point, though differences in level and condition may shift this unit within a broader range. Buyers should weigh the premium of the two-car allocation against the busy urban setting, where noise and density are inherent trade-offs. The presence of a premium comparable renting at $570 per week suggests solid income potential, but actual yield depends on the unit’s specific features and presentation.
Detailed Independent Property Report prepared by PropCred Analyst team for 307/1 Anthony Rolfe Avenue, Gungahlin ACT 2912
Checks found:
Value Risk
1
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: 226/1 Anthony Rolfe Avenue sold $485,000 (2 bed, 2 bath, 2 car) | Property Price Band: $450,000–$550,000 | Value Drivers: Floor level, internal condition, complex amenity access
Bedrooms
2
Bathroom
2
Parking
2
Land
1.82 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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