104/38 Gozzard Street, Gungahlin ACT 2912

104/38 Gozzard Street, Gungahlin ACT 2912
One-bedroom unit | Gungahlin town centre walkable | 77mยฒ with parking | Predominantly owner-occupied building | Measured market, private treaty. This unit offers a rare combination of generous floor area and secure parking in a building where three-quarters of residents are owners, a signal of stable, well-maintained common property. Its position within walking distance of Gungahlinโ€™s retail and transport core makes it a strong option for first-home buyers seeking low-maintenance living or downsizers prioritising convenience. The asking price sits near the local median for one-bedroom stock, and with average days on market approaching 100, a buyer who has done their homework may find room to negotiate, particularly if the interior is dated or the outlook is compromised. The moderate energy efficiency rating of 4.5 out of 10 and the absence of recent comparable sales within the same building are the main risks. A buyer should verify body corporate levies and any upcoming special levies, as these can materially affect holding costs. The strong NBN and 5G connectivity support remote work appeal, but are secondary to condition and floor level. For an investor, the predominantly owner-occupied profile may limit rental supply but also reduce turnover risk.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 104/38 Gozzard Street, Gungahlin ACT 2912
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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

1

Bathroom

1

Parking

1

Land

1743mยฒ

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