33/1 Gungahlin Pl, Gungahlin is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 2769m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last transferred in October 2025.
Unit 33/1 Gungahlin Place sits within one of the few smaller developments in central Gungahlin - a sharp alternative to the high-rise towers dominating the skyline.
Priced below comparable one-bedroom apartments in Gungahlin, it offers investors a strong rental yield from day one, with major works already completed.
Building upgrades were finished in March 2025, giving buyers confidence in the structure and financial position of the complex for years to come. A special levy is fixed for the next 11 years, and while the body corporate contributions are higher than average, they reflect work that's already done - not future unknowns. The outgoing structure is clear and predictable, and already factored into the price.
The apartment itself is well-proportioned and low-maintenance, with a private balcony and secure basement parking. It appeals to a wide tenant base seeking convenient access to light rail, Yerrabi Pond, shops, gyms and medical centres, with Le Bon Mlange caf just down the road.
This is a straightforward, yield-focused investment in a boutique complex with transparent costs and strong rental fundamentals.
Highlights
One bedroom, one bathroom apartment in a boutique development
Secure basement car space with lift access
Private balcony with a functional open-plan layout
Modern kitchen with quality appliances
Reverse-cycle air conditioning for year-round comfort
Building upgrades completed March 2025
Special levy fixed for 11 years, already factored into pricing
Under-market entry price with strong rental yield potential
Walkable to light rail, Yerrabi Pond, shops, gyms and amenities
At the top of the street meters away from Le Bon Mlange caf
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 4,762 properties. Over the last 5 years, Houses in Gungahlin have seen a 17.11% increase in median value, while Units have seen a 10.36% increase. As at 31 May 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.