504/15 Bowes StreetPhillip ACT 2606
Property Details for 504/15 Bowes St, Phillip
504/15 Bowes St, Phillip is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 1 bedroom Apartment sold in Phillip in the last 12 months.
Last Listing description (May 2026)
Discover a smart, high-performing opportunity in the heart of Woden. Positioned within the well-regarded Grand Central Towers, this contemporary one-bedroom plus study apartment delivers flexibility, lifestyle appeal, and strong rental fundamentals, ideal for investors, professionals, or first-home buyers.
The intelligently designed layout offers open-plan living complemented by a separate study, perfect for working from home or enhancing tenant appeal. Natural light flows through the living space, while the modern kitchen and bathroom provide a clean, functional finish suited to low-maintenance living.
Residents enjoy access to resort-style facilities, including a fully equipped gym, swimming pool, and designated entertainment area, adding everyday convenience and long-term value. Set in Phillip, the apartment is moments from the new CIT campus, Westfield Woden, Woden Interchange, and Canberra Hospital, ensuring consistent demand from students, healthcare professionals, and city workers alike.
With a competitive purchase price and an estimated rental return of up to $550 per week, this property represents a compelling yield-focused opportunity of over 7% in one of Canberra’s most desirable residential precincts.
What We Love:
- Resort-style pool, gym, and entertainment area
- Dedicated study with built-in storage
- Modern kitchen with premium Smeg appliances
- North-facing aspect with abundant natural light
- Open-plan kitchen and living area
- Contemporary interiors with durable, high-quality finishes
- Strong rental potential over 7% estimated yield
- Secure building with smart access system
- Close to public transport for easy city access
- Walking distance to Woden’s dining, shopping, and amenities
- Secure underground parking included
Key Figures:
- Estimated over 7% rental Yield
- EER: 6.0
- Living Area: 58m²
- Balcony: 8.6m²
- Level: 5
- Year Built: 2020
- Complex: Grand Central Towers
- Amenities: Resort Style Pool, Gym and Entertainment
- Rates: $432 per quarter (approx.)
- Land Tax (Investors only): $487 per quarter (approx.)
- Strata: $739 per quarter (approx.)
- Rental Estimate: $520 - $550 per week for both
- Floor: Carpet and Tiles
- Kitchen Appliances: Smeg
Disclaimer: The information contained in this advertisement has been provided by sources we believe are reliable; however, we cannot guarantee its accuracy and recommend any interested parties rely on their own enquiries.
Property History for 504/15 Bowes St, Phillip, ACT 2606
- 12 May 2026Sold for $370,000
- 05 Feb 2026Listed for Sale $350,000+
- 02 Mar 2018Sold for $368,900
Recent sales nearby
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0About Phillip 2606
The size of Phillip is approximately 2.5 square kilometres. There are 17 parks, covering nearly 27.4% of the 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 5,980 properties. Over the last 5 years, Houses in Phillip have seen a 13.04% increase in median value, while Units have seen a 20.01% increase. As at 31 August 2026:
- The median value for Houses in Phillip is $621,975 while the median value for Units is $502,108.
- Houses have a median rent of $615 while Units have a median rent of $580.
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