10 Mcclung Street, Gungahlin, ACT 2912 | Property Value & History | OnTheHouse
OFF MARKET

10 Mcclung Street
Gungahlin ACT 2912

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 200m2
Land area: 517m2
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Property Details for 10 Mcclung St, Gungahlin

10 Mcclung St, Gungahlin is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 517m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Year Built
2004
Floor Size
200m2
Land Size
517m2
Local Government
Gungahlin
Lot/Plan
GUNGAHLIN: Block 5, Section 126

Last Listing description (March 2017)

DHA Investment Properties are renowned as being excellent value for money with great returns - but the uniqueness of this lease will set it apart from others.
Imagine a guarantee increased every 1st July for the next 4 or 5 years - and the rent right now is already a fantastic $630 per week for this four bedroom ensuite home with three living areas. That means in 2020, if the right to vary is exercised, the rent will be $695.40 per week.
This 207.7m2 four bedroom ensuite home was built to exacting standards, with a different floorplan to other DHA properties. Upon entering the home, the large planter feature box separates the entry to the large formal lounge and dining room. Another meals area and separate family room adjoins the large central kitchen. Entertaining will be a delight with a third living area which could be used as a rumpus or theatre room or future bedroom 5, opening out onto the large covered pergola area. That's four living areas in total! Chefs will love the well equipped kitchen, with stainless steel appliances, gas cook top and a walk in pantry. The master bedroom has its own ensuite bathroom and walk through robe, while the three other bedrooms all have built in robes.

Contact Christine Shaw to arrange a private viewing appointment.
Features include:
- Guaranteed 2.5% yearly increase in rent
- 2004 Executive residence totalling 274.3m2
- Three internal living areas and outdoor living
- Master bedroom with walk through robe and ensuite bathroom
- Three other bedrooms all with built-in robes
- Feature planter box from entrance to formal living
- Formal lounge and dining
- Separate meals and family room
- Large home theatre or rumpus room or future 5th bedroom
- Fantastic kitchen with walk-in pantry and plenty of bench space
- Stainless steel appliances with range hood and gas cook top
- Ducted gas heating
- Evaporative Cooling
- Outdoor under cover pergola area off the rumpus room
- Low maintenance garden
- Double garage with internal access
Living: 207.7m2
Garage: 41.6m2
Pergola: 25.0m2
Total Residence: 274.3m2 (approx.)
EER: 5
Land Size: 517m2
Land Rates: $2070 pa (approx.)
Land Value: $317,000 (for 2015-2016)
Land Tax: $2971 pa (approx.)
DHA Lease: Lease End Date 11/04/2020
Lease Option: Already exercised
Right to Vary Available: 1 x 12 month reduction or extension
Gross Rent: $630 per week with annual increases of 2.5%
Gross Yield*: 5.04% (based on $650,000 sale price)
Management Fee: 16.5% (inc GST)
*Approx Gross Yield calculated on $650,000 sale price
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to read about the benefits of investing in Defence Housing Australia property.

Property History for 10 Mcclung St, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Last Sold
$705,000
27 Oct 2016
  • 27 Oct 2016
    Sold for $705,000
  • 28 Sep 2016
    Listed for Sale $650,000+
  • 26 Apr 2012
    Transferred
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About Gungahlin 2912

The size of Gungahlin is approximately 4.6 square kilometres. It has 17 parks covering nearly 38.1% of total area. The population of Gungahlin in 2016 was 6134 people. By 2021 the population was 8586 showing a population growth of 40.0% in the area during that time. The predominant age group in Gungahlin is 20-29 years. Households in Gungahlin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gungahlin work in a professional occupation.In 2021, 45.40% of the homes in Gungahlin were owner-occupied compared with 43.70% in 2016.

Gungahlin has 4,760 properties. Over the last 5 years, Houses in Gungahlin have seen a 21.99% increase in median value, while Units have seen a 13.89% increase. As at 31 March 2026:

  • The median value for Houses in Gungahlin is $1,055,352 while the median value for Units is $449,903.
  • Houses have a median rent of $740 while Units have a median rent of $540.
There are currently 64 properties listed for sale, and 23 properties listed for rent in Gungahlin on OnTheHouse. According to Cotality's data, 202 properties were sold in the past 12 months in Gungahlin.

Suburb Insights for Gungahlin 2912

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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.