1006/11 Launceston St, Phillip is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2024. The property has a floor size of 78m2.
Investment Opportunity! Current Lease at $550pw (5.5% Gross Yield)On offer is a bright and airy two bedroom apartment that features a functional, open floor plan. The kitchen is well equipped with electric appliances throughout, stone benchtops and plenty of storage. The open plan living and dining space offers ample room and is complimented by the floor to ceiling double glazed windows that boost to energy efficiency.The main bedroom is well-appointed and includes direct access to it's balcony and a large built in robe and ensuite. The secondary bedroom also features a built in robe and has access to the main balcony. Servicing the apartment is the main contemporary bathroom that includes stylish standalone shower, floating vanity, and toilet. Similar finishes are found in the ensuite. WOVA is a complex completed in 2024 with a load of luxury amenities including:- In door pool area, fitness studio and gym and sauna- Co-Working spaces - make working from home a breeze- Cinema available to book with residents privately- Entertaining areas: communal lounge room and kitchen plus games room- Landscaped gardens across the precinctPhillip is located right in the heart of the Woden Valley. Walking distance from the apartment, you have access to Westfield Woden, Bradley Street Dining Precinct, Canberra Public Hospital, and the Woden Bus Interchange. There are also several parks nearby to enjoy a picnic or light stroll with your furry friend. Nearby is also the newly completed CIT campus which offers a range of vocational courses.Features:- SMEG Kitchen Appliances- Centrally located within walking distance to Woden & Canberra Hospital- Open-plan living- Kitchen featuring stone benches and quality appliances- Main Balcony with access from the living room and bedroom- Main bedroom with separate balcony, A/C unit and ensuite.- European laundry with dryer- Video intercom- A/C unit in living room- Basement parking spaces and storage cageFigures:Body Corp: $4,436paRates: $419pqLand Tax: 505pqInternal Size 78m2External Size 12m2 (Main Balcony 7m2 + Secondary Balcony 5m2)Energy Rating 6.0 stars
The size of Phillip is approximately 2.5 square kilometres. It has 17 parks covering nearly 27.4% of total area. The population of Phillip in 2016 was 2936 people. By 2021 the population was 5197 showing a population growth of 77.0% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Phillip work in a professional occupation.In 2021, 48.70% of the homes in Phillip were owner-occupied compared with 38.20% in 2016.
Phillip has 6,058 properties. Over the last 5 years, Houses in Phillip have seen a 14.91% increase in median value, while Units have seen a 25.44% increase. As at 31 March 2026:
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