37/6 Gungahlin Place, Gungahlin ACT 2912
37/6 Gungahlin Place, Gungahlin ACT 2912
Ground floor courtyard | 65sqm Pulse complex | Priority Gungahlin College | FTTP ultrafast ready
The ground-floor courtyard configuration is the strongest differentiator in this segment, offering private outdoor space rarely paired with a 65sqm internal footprint in Gungahlin’s Pulse complex. High ceilings and the EER 6 rating support year-round comfort and lower energy costs, while the ultrafast NBN and 5G coverage add convenience for remote workers. This property suits first-home buyers seeking a lock-and-leave base with immediate town centre access, or investors targeting the steady rental demand near Gungahlin College and Harrison School.
The 2023 unimproved land value of $3M creates a high land tax liability for investors-over $37,000 annually if rented-which severely compresses net yield despite the $480+ weekly rental estimate. Buyers should verify strata levies and any upcoming special levies given the complex’s age. The property has appreciated only modestly since its 2010 sale, suggesting limited capital growth in this precinct. Hold for stable rental income or as a cost-efficient owner-occupied base, not for speculative appreciation.
Detailed Independent Property Report prepared by PropCred Analyst team for 37/6 Gungahlin Place, Gungahlin ACT 2912
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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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
2549m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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