9/31 Giles St, Kingston is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1996. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 1 bedroom House sold in Kingston in the last 12 months.
Located in The York which is a low-rise boutique building of only 16 units on one of the main Streets in Kingston, this excellent dual key investment opportunity is not to be overlooked. Its right next door to the Kingston Shops and similarly accessible to local schools and transport routes. It is also a pleasant and easy stroll to the foreshore of Lake Burley Griffin where you can enjoy many different eateries. If you work in the Parliamentary Triangle then its a short walk or ride and you can leave your car at home.
The dual key apartment is situated on the ground floor and boasts lovely leafy views over the landscaped gardens that the York has to offer. With large windows capturing lots of light on both sides of the property, both properties will enjoy the winter warmth and reverse cycle air-conditioning will also keep you comfortable all year round.
The properties will appeal to an investor looking for ultimate returns. The apartments will suit a busy executive or couple wanting to be close to Canberra's best restaurants, bars & shops. The studio is currently rented at $450 per week until August 2025 and the one bedroom is vacant and ready to move into so you could live in one apartment and rent the other to supplement your mortgage payments. The one bedroom we would expect to rent for $500 per week if you wished to rent both properties.
In Summary:
- Dual key investment opportunity
- One bedroom apartment & studio apartment included on one title
- Could be converted (subject to body corporate approval) to one large two bedroom
- Conveniently situated just across from the Kingston Shops
- Walking distance to the Parliamentary Triangle
- Great investment return or AirBNB potential
- 96m2 of living space + 10m2 of balcony
Figure summary (all approx.):
- Body corporate: $1,398 p.q
- General rates: $710 p.q
- Water & sewerage: $195 p.q
- Land tax (if let): $931 p.q
- Built in 1996
- EER 6.0 stars
The size of Kingston is approximately 1.4 square kilometres. It has 8 parks covering nearly 8.1% of total area. The population of Kingston in 2016 was 4424 people. By 2021 the population was 6579 showing a population growth of 48.7% in the area during that time. The predominant age group in Kingston is 30-39 years. Households in Kingston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingston work in a professional occupation.In 2021, 48.10% of the homes in Kingston were owner-occupied compared with 40.20% in 2016.
Kingston has 5,094 properties. Over the last 5 years, Houses in Kingston have seen a -19.54% decrease in median value, while Units have seen a 20.91% increase. As at 30 November 2025:
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