56/40 Swain StreetGungahlin ACT 2912
Property Details for 56/40 Swain St, Gungahlin
56/40 Swain St, Gungahlin is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Unit sold in Gungahlin in the last 12 months.
Last Listing description (October 2025)
Presenting an excellent opportunity to embrace cosmopolitan living in a vibrant and rapidly developing suburb. Situated on the ground floor, this residence offers a thoughtfully designed open-plan layout that maximizes natural light and space. Quality finishes throughout enhance both comfort and style, making it ideal for entertaining guests or enjoying quiet relaxation.
A standout feature of this property is the expansive wrap-around courtyard measuring approximately 43 square meters. This outdoor area provides ample space for gardening, alfresco dining, or simply unwinding in a private setting-an uncommon find in apartment living. The single bedroom is well-proportioned and complemented by a modern bathroom and convenient off-street parking.
The location further adds to the appeal of this home. Positioned just a short stroll or bike ride from Gungahlin's bustling shopping and commercial centre, residents benefit from easy access to retail outlets, cafes, restaurants, and essential services. The suburb's fast-developing CBD ensures ongoing growth potential while maintaining strong connectivity options including car travel and bus routes to Canberra city. Additionally, with the upcoming expansion of light rail services nearby, commuting will become even more convenient.
Whether you are a first home buyer looking to enter the market with an affordable yet stylish option; an owner-occupier seeking low-maintenance urban living; or an investor aiming for solid rental returns in a sought-after location-this property represents exceptional value.
Don't miss your chance to secure this attractive apartment that combines lifestyle convenience with practical features in one of Canberra's most dynamic suburbs.
DISCLAIMER: This complex has taken out a $4.6 million loan for rectification works including rust remediation, waterproofing, balcony and tiling repairs, balustrade upgrades, and basement works. This loan has resulted in a loan repayment levy of approximately $2,600 per quarter (around $10,000 per annum), which is expected to continue for the next 13 years.
The Features You Want To Know…
- One-bedroom, one-bathroom, one car-space apartment
- Large wrap-around courtyard
- Thoughtfully designed open-plan layout maximizing natural light and space
- Sizable bedroom with built-in robe and access out to courtyard
- Terrific location, within the heart of Gungahlin
The Location…
+ 2-minute drive to Gungahlin Village
+ 2-minute drive to Yerrabi
+ 2-minute drive to the Yerrabi Pond District Park
+ 5-minute drive to the Light Rail Station
The Stats You Need To Know…
+ Living size: 46m2 (approx.)
+ Courtyard: 43m2 (approx.)
+ Total Build:89m2
+ Built: 2011
+ EER: 5.0
+ Water: $200p.q.
+ Rates: $438p.q. (approx)
+ Land Tax: $555p.q. (approx. applicable only when rented)
+ Body Corporate: $663p.q. (approx.)
+ Sinking Fund: $206.97p.q. (approx.)
+ Special Levy: $2,617.20p.q. (approx.)
Property History for 56/40 Swain St, Gungahlin, ACT 2912
- 23 Oct 2025Sold
- 08 Oct 2025Listed for Sale Offers Over $249,000
- 06 Sep 2024Listed for Rent $435 / week
Recent sales nearby
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0About 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 4,750 properties. Over the last 5 years, Houses in Gungahlin have seen a 27.09% increase in median value, while Units have seen a 20.76% increase. As at 30 November 2025:
- The median value for Houses in Gungahlin is $1,026,388 while the median value for Units is $458,321.
- Houses have a median rent of $593 while Units have a median rent of $530.
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