11/40 Philip Hodgins St, Wright is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 21170m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
A fantastic opportunity to add to your investment portfolio with a Gross Rental Yield of 7.1% (approx). Located in the Observatory complex in Wright, this modern 1 bedroom + study apartment offers a comfortable lifestyle or secure investment opportunity.
Presenting as-new throughout, with a large open plan design to maximise utility and lifestyle. The study is large enough to function as a spare or second bedroom increasing the amenity on offer for an owner-occupier or rental.
Designer inclusions throughout the apartment include AEG appliances, stone benchtops, quality windows furnishings, whilst year-round comfort is assured with split system heating & cooling.
In a fast growing and sought after suburb, Wright is conveniently located between Weston Creek and Belconnen and is just 15 minutes from the heart of Canberra.
Floor Area: 68m2 (approx.)
Rates: $332 p.q (approx.)
Land Tax: $370.75 p.q (approx.)
Body Corporate: $752.30 p.q.
Currently tenanted at $430 per week until 22/11/2019 with an option to extend for a further two years.
Full sized, separate study which can double as a home office, library, reading room or second bedroom.
A single secure carpark with storage cage.
Modern Stainless AEG Appliances including Dishwasher.
Stone Benchtop.
25m solar heated swimming pool.
Reverse-cycled heating and cooling.
Lift access & intercom.
The size of Wright is approximately 1.3 square kilometres. It has 5 parks covering nearly 6.0% of total area. The population of Wright in 2016 was 2753 people. By 2021 the population was 3808 showing a population growth of 38.3% in the area during that time. The predominant age group in Wright is 30-39 years. Households in Wright are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wright work in a professional occupation.In 2021, 67.20% of the homes in Wright were owner-occupied compared with 76.80% in 2016.
Wright has 2,167 properties. Over the last 5 years, Houses in Wright have seen a 47.45% increase in median value, while Units have seen a 25.40% increase. As at 30 November 2025:
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