11/54-56 Ernest Cavanagh Street, Gungahlin, ACT 2912 | Property Value & History | OnTheHouse
OFF MARKET

11/54-56 Ernest Cavanagh Street
Gungahlin ACT 2912

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 17188m2
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Property Details for 11/54-56 Ernest Cavanagh St, Gungahlin

11/54-56 Ernest Cavanagh St, Gungahlin is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 17188m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
2006
Floor Size
65m2
Land Size
17188m2
Local Government
Gungahlin
Lot/Plan
GUNGAHLIN: Block 1, Section 10, Unit 11

Last Listing description (October 2024)

Indulge in the epitome of modern living at 11/54 Ernest Cavanagh Street, Gungahlin. This beautifully presented 2 bedroom, 1 bathroom apartment offers a quality lifestyle and unparalleled convenience. Located in the heart of the thriving Gungahlin marketplace, this residence is a harmonious blend of contemporary design and strategic positioning.

Step into a world of quality and warmth with updated fixtures and freshly painted interiors that enhance the modern allure of this apartment. The open-plan living area provides a spacious and versatile environment, complemented by an abundance of natural light flowing from the large north-facing balcony. The master bedroom is spacious, and the additional bedroom/study offers a perfect blend of comfort and opportunity.

Enjoy the convenience of a dedicated carspace and large storage unit in the development's basement with direct access via lifts to your home. The fixtures and fittings ensure a balance of functionality and aesthetics, and with a 6 star energy rating the home will keep you warm and cosy all year round.

Immerse yourself in the vibrant lifestyle of the Gungahlin marketplace with restaurants, cafes, and public transport just steps away. The tramline and main stop offer seamless connectivity to the City, adding to the overall appeal of this fantastic property.

It's easy to see that this apartment is at the centre of everything and makes for a desirable first home, downsize or investment opportunity.

The Perks:
2 bed, 1 bath, 1 car design
North-facing with an abundance of natural light
Large bedrooms, the master with access to the large balcony
Reverse cycle air-conditioning system
Kitchen with stone benchtops, electric stove, oven, dishwasher, breakfast bar and ample bench and storage space
Stainless steel appliances
Full height tiling in bathroom
Dedicated carspace with large storage cage and internal lift access
Steps away from the vibrant Gungahlin Marketplace, Bus and Tram Interchanges, shops, cafes, restaurants and bars

The Numbers:
Internal living: 65m
Balcony: 14m
Total Area: 79m2
Build year: 2006
EER: 6 stars
Rates: $401 per quarter
Land tax (investors): $481 per quarter
Strata: $1,249 per quarter
Rental Estimate: $420 to $450 per week

Explaining the private treaty process:
- To ensure a fair & equitable process, all offers are confidential. This gives our buyers peace of mind that
we will not disclose an offer to another buyer in an attempt to force that buyer's intent. For guidance on
when offers close and how best to submit an offer, please contact the agent directly.

Property History for 11/54-56 Ernest Cavanagh St, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Last Sold
$435,000
03 Sep 2024
Listed for Rent
$460/w
08 Feb 2024
  • 03 Sep 2024
    Listed for Sale Sold
  • 03 Sep 2024
    Sold for $435,000
  • 24 Jan 2024
    Listed for Rent $460 / week
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About Gungahlin 2912

The size of Gungahlin is approximately 4.6 square kilometres. There are 17 parks, covering nearly 38.1% of the 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 4,758 properties. Over the last 5 years, Houses in Gungahlin have seen a 21.26% increase in median value, while Units have seen a 12.27% increase. As at 30 April 2026:

  • The median value for Houses in Gungahlin is $1,064,974 while the median value for Units is $448,306.
  • Houses have a median rent of $743 while Units have a median rent of $543.
There are currently 59 properties listed for sale, and 22 properties listed for rent in Gungahlin on OnTheHouse. According to Cotality's data, 206 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.