23/6 Gungahlin Place, Gungahlin ACT 2912

23/6 Gungahlin Place, Gungahlin ACT 2912
Ground-floor apartment | dual private courtyards | 81mΒ² spacious layout | walk to Gungahlin Centre | move-in ready This ground-floor unit presents a rare configuration for the area, combining a larger-than-average floorplan with two private courtyards, a feature uncommon in one-bedroom stock. Its recent updates and single-level living offer a competitively strong, low-maintenance proposition ideally suited to downsizers or first-home buyers prioritising secure, walkable convenience over land ownership. The quiet yet central position capitalises on proximity to amenities without the typical noise trade-off. Your decision hinges on accepting strata costs for this convenience against a suburb experiencing price contraction. The recent sale of this specific unit in April 2025 provides a direct, current price benchmark. For an investor, the rental demand from this location is reliable, but capital growth may be muted in the near term. Treat this as a long-term hold for lifestyle utility, not short-term appreciation. The property itself sold on 24 April 2025, establishing a very recent and relevant price point. A nearby three-bedroom duplex at 23 Gungahlin Place is estimated around $800,000, highlighting the significant price differential for a detached dwelling and framing this unit’s asking price within the entry-level segment. This contrast affirms the unit’s positioning for budget-conscious buyers seeking location over space.

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

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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

2549mΒ²

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