502/1 Launceston St, Phillip, ACT 2606 | Commercial for rent | OnTheHouse
FOR RENT
By Negotiation

502/1 Launceston Street
Phillip ACT 2606

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 165m2
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All New Wova Prime retail Space

Located at the bustling corner of Launceston Street and Furzer Street, this brand-new retail tenancy offers unparalleled exposure and convenience. The high ceilings create an open and inviting atmosphere, perfect for a variety of uses.
Wova is the newest mix-used development in the Woden area combining high density living, professional office, hotel and retail.
This tenancy is suitable for:
• Health facility
• Community use
• Office space
• Retail store
• Restaurant
Key Features:
• 165sqm internal space
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Property Details for 502/1 Launceston St, Phillip

Building Type
Commercial
Floor Size
165m2
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About Phillip 2606

The size of Phillip is approximately 2.5 square kilometres. It has 17 parks covering nearly 27.4% of total area. The population of Phillip in 2016 was 2936 people. By 2021 the population was 5197 showing a population growth of 77.0% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Phillip work in a professional occupation.In 2021, 48.70% of the homes in Phillip were owner-occupied compared with 38.20% in 2016.

Phillip has 6,049 properties. Over the last 5 years, Houses in Phillip have seen a 25.90% increase in median value, while Units have seen a 46.09% increase. As at 30 November 2025:

  • The median value for Houses in Phillip is $637,161 while the median value for Units is $552,398.
  • Houses have a median rent of $570 while Units have a median rent of $570.
There are currently 51 properties listed for sale, and 34 properties listed for rent in Phillip on OnTheHouse. According to Cotality's data, 288 properties were sold in the past 12 months in Phillip.

Suburb Insights for Phillip 2606

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Steven Shang
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RWC Canberra
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.