502/11 Launceston Street, Phillip, ACT 2606 | Apartment for sale | OnTheHouse
FOR SALE
$385,000

502/11 Launceston Street
Phillip ACT 2606

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Investor Favourite: Style, Location, Demand

FIND.
Positioned on level five of the sought-after WOVA development, this sleek one-bedroom apartment offers the perfect blend of modern design and unbeatable convenience in the heart of Woden. Surrounded by government departments, caf�s, retail and major transport links, this is a high-demand investment opportunity in one of Canberra's fastest-growing precincts.
LOVE.
Designed for easy living and strong rental appeal, the apartment features a contemporary kitchen with Smeg appliances, stone benchtops and quality finishes throughout. Double-glazed windows and reverse-cycle heating and cooling ensure year-round comfort, while the east-facing balcony captures beautiful morning light. The generous bedroom includes ample wardrobe space. Residents enjoy access to a premium suite of resort-style facilities, including a lap pool, gym, co-working areas, cinema and communal dining rooms, elevating both lifestyle and tenant appeal.
LIVE.
Set in the centre of Woden CBD, you're just a short stroll from Westfield, restaurants, public transport, recreation centres and major government offices. With quick access to Hindmarsh Drive and Melrose Drive, commuting to the City, Canberra Hospital or the Airport is seamless. For investors seeking a low-maintenance, high-demand property in a thriving urban hub, this is the one.
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Property Details for 502/11 Launceston St, Phillip

502/11 Launceston St, Phillip is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with LJ Hooker Kippax.

Building Type
Apartment
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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 6,043 properties. Over the last 5 years, Houses in Phillip have seen a 21.42% increase in median value, while Units have seen a 25.40% increase. As at 31 January 2026:

  • The median value for Houses in Phillip is $662,129 while the median value for Units is $486,044.
  • Houses have a median rent of $555 while Units have a median rent of $580.
There are currently 58 properties listed for sale, and 18 properties listed for rent in Phillip on OnTheHouse. According to Cotality's data, 277 properties were sold in the past 12 months in Phillip.

Suburb Insights for Phillip 2606

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Olivia Schultz
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Eoin Ryan-Hicks
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LJ Hooker Kippax
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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.