1207/49 Furzer St, Phillip, ACT 2606 | Unit for sale | OnTheHouse
 
FOR SALE
$387,000

1207/49 Furzer St
Phillip ACT 2606

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 71m2
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Massively Reduced to $387,000 | Strong 6.98% Gross Yield in the Heart of Woden

Massively reduced and priced for immediate action, Apartment 1207 represents one of Woden's most compelling investment opportunities. With a strong rental assessment of $520 per week, an estimated 6.98% gross rental yield, and high demand from students, healthcare professionals and government employees, this is a purchase that stacks up on paper and in practice. Opportunities to secure a modern apartment in such a tightly connected location at this price point are becoming increasingly rare, making this an ideal addition to any investment portfolio.
Positioned directly opposite Westfield Woden and moments from the new CIT campus, Canberra Hospital, public transport and major employment hubs, this apartment offers unmatched convenience. The well-designed floorplan features a contemporary kitchen with stone benchtops and quality appliances, open-plan living, 2.5m ceilings, Mitsubishi Electric split-system air conditioning and a large entertainer's balcony. Residents also enjoy access to landscaped gardens, BBQ facilities, a secure basement car space and a lock-up storage cage.
- Rental Assessment: $520 per week
- Estimated Gross Rental Yield: 6.98%
- Significant price reduction creates exceptional value
- Secure basement car space
- Lock-up storage cage
- Entertainer's balcony
- Walk to Westfield Woden and CIT
- Minutes to Canberra Hospital and major employment precincts
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Property Details for 1207/49 Furzer St, Phillip

1207/49 Furzer St, Phillip is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 71m2 and floor size of 48m2. The place is currently for sale with REMax Capital.

Building Type
Unit
Floor Size
48m2
Land Size
71m2
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About Phillip 2606

The size of Phillip is approximately 2.5 square kilometres. There are 17 parks, covering nearly 27.4% of the 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 5,967 properties. Over the last 5 years, Houses in Phillip have seen a -9.63% decrease in median value, while Units have seen a 21.05% increase. As at 31 July 2026:

  • The median value for Houses in Phillip is $466,069 while the median value for Units is $498,540.
  • Houses have a median rent of $620 while Units have a median rent of $570.
There are currently 66 properties listed for sale, and 27 properties listed for rent in Phillip on OnTheHouse. According to Cotality's data, 313 properties were sold in the past 12 months in Phillip.

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John Buckley
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