602/11 Launceston StreetPhillip ACT 2606
Property Details for 602/11 Launceston St, Phillip
602/11 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.
Last Listing description (January 2026)
Currently leased until December 2026 at $510 per week, this property presents an excellent opportunity for investors seeking a modern, low-maintenance asset in one of Canberra's fastest-growing suburbs.
Situated in the very centre of Woden, this near-new one-bedroom apartment offers modern living with unmatched convenience. Settled in mid-2024, the property is around a year old, featuring high-quality appliances, stylish finishes, and a thoughtfully designed floorplan that maximises both privacy and functionality.
The clever layout ensures no wasted space with the bathroom and kitchen positioned separately from the living and bedroom areas, creating a quiet, clean, and private home environment. This design makes it one of the most superior one-bedroom options on the market. The open-plan living and dining area is bright and airy, benefiting from excellent natural light throughout the day.
Residents also enjoy access to first-class facilities including an indoor swimming pool, fully equipped gym, private cinema, and communal kitchen enhancing lifestyle and leisure right at your doorstep.
Unbeatable Location:
5 minutes' walk to Westfield Woden for shopping, dining, and daily essentials
10 minutes' walk to the future Stage 2 Light Rail terminus and Woden bus interchange, ensuring seamless city connections
Directly opposite Woden Swimming Pool and Ice Skating Centre
Investment Potential:
With an expected rental return of $470$500 per week, this apartment presents a strong yield in one of Canberra's most rapidly developing precincts, appealing to both investors and owner-occupiers alike.
Key Features:
1 bedroom | 1 bathroom | 1 secure car space
Superior one-bedroom design with separated bathroom/kitchen and living/bedroom areas
Bright layout with excellent natural light
Near-new apartment completed in 2024
High-quality appliances and modern finishes throughout
Access to resort-style facilities: pool, gym, cinema, communal kitchen
Central Woden location, close to shops, schools, and public transport
Strong rental return: $470$500 per week
Property Details:
Year built: 2024
Living area: 50 m
Balcony: 8 m
Rates: $440 p/q (approx.)
Strata: $473 p/q (approx.)
Land tax: $537 p/q (approx.)(investors only)
EER: 6.0
Property History for 602/11 Launceston St, Phillip, ACT 2606
- 02 Dec 2025Listed for Rent $500 / week
- 03 Oct 2025Listed for Sale $385,000+
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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 6,058 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:
- 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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