511/90 Swain Street, Gungahlin ACT 2912
511/90 Swain Street, Gungahlin ACT 2912
Modern 2023 build with resort-style amenities | 2-bed 2-bath 1-car near light rail and town centre | Common but practical layout suits investors and first-home buyers | Lap pool gym and cinema set it apart from older stock
This apartment is positioned within a recently completed 272-residence complex that offers a strong amenity package for a mainly residential precinct. The configuration is a standard but functional two-bedroom two-bathroom floorplan with parking, which remains the most sought-after format among investors and owner-occupiers targeting the town centre corridor. What distinguishes this property from older stock is the building age and the inclusion of a lap pool, spa, gym, open-air dining area and cinema room. Its location within walking distance of Marketplace Gungahlin, light rail and parkland adds everyday convenience. This property is best suited to a buyer looking for low-maintenance living with built-in lifestyle facilities rather than a unique or expansive layout.
The absence of disclosed floor level, aspect and exact internal size may limit the buyer’s ability to compare value directly with other units in the building. The level of strata levies and ongoing common property costs might be a significant consideration given the extensive shared amenities. Proximity to a high-density urban environment may affect privacy and noise levels depending on the unit’s orientation. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 511/90 Swain Street, Gungahlin ACT 2912
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
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
2
Bathroom
2
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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