502/11 Launceston StreetPhillip ACT 2606
Property Details for 502/11 Launceston St, Phillip
502/11 Launceston St, Phillip is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2024. The property has a floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (March 2026)
FIND.
Positioned on level five of the sought-after WOVA development, this sleek one-bedroom apartment offers the perfect blend of modern design and unbeatable convenience in the heart of Woden. Surrounded by government departments, cafs, retail and major transport links, this is a high-demand investment opportunity in one of Canberra's fastest-growing precincts.
LOVE.
Designed for easy living and strong rental appeal, the apartment features a contemporary kitchen with Smeg appliances, stone benchtops and quality finishes throughout. Double-glazed windows and reverse-cycle heating and cooling ensure year-round comfort, while the east-facing balcony captures beautiful morning light. The generous bedroom includes ample wardrobe space. Residents enjoy access to a premium suite of resort-style facilities, including a lap pool, gym, co-working areas, cinema and communal dining rooms, elevating both lifestyle and tenant appeal.
LIVE.
Set in the centre of Woden CBD, you're just a short stroll from Westfield, restaurants, public transport, recreation centres and major government offices. With quick access to Hindmarsh Drive and Melrose Drive, commuting to the City, Canberra Hospital or the Airport is seamless. For investors seeking a low-maintenance, high-demand property in a thriving urban hub, this is the one.
ABOUT THE AREA
Local Transport:
Major bus routes
Shopping & Dining:
Westfield Woden
Phillip dining precinct
Hellenic Club & Southern Cross Club
Recreation:
Phillip Swimming & Ice Skating Centre
Phillip Oval
Walking distance to cafs & parks
WHAT INVESTORS LOVE:
Strong rental demand with government employment nearby
Low-maintenance, modern apartment with premium building amenities
Ultra-convenient location driving consistent occupancy
OVERVIEW:
1 bedroom | 1 bathroom | 1 secure car space
Positioned on level 5
Smeg appliances & stone benchtops
Double-glazed windows
Reverse-cycle air-conditioning
LED lighting throughout
European laundry with dryer
RATES / SIZE:
Living Size: 50m approx.
Balcony: 8m approx.
EER: 6.0
Rates: $1,580 p.a approx.
Land Tax (if rented): $1,857.80 p.a approx.
Body Corporate: $2,820.80 p.a approx.
Currently rented for $600 per week
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
Property History for 502/11 Launceston St, Phillip, ACT 2606
- 25 Jun 2025Listed for Sale $395,000 - $410,000
- 29 May 2024Sold for $395,000
- 24 Mar 2022Sold for $386,900
Recent sales nearby
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About Phillip 2606
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 6,059 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:
- The median value for Houses in Phillip is $653,487 while the median value for Units is $487,112.
- Houses have a median rent of $623 while Units have a median rent of $570.
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