11/40 Philip Hodgins Street, Wright, ACT 2611 | Property Value & History | OnTheHouse
OFF MARKET

11/40 Philip Hodgins Street
Wright ACT 2611

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 21170m2
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Property Details for 11/40 Philip Hodgins St, Wright

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.

Building Type
Unit
Year Built
2015
Floor Size
68m2
Land Size
21170m2
Local Government
Molonglo Valley
Lot/Plan
WRIGHT: Block 1, Section 46, Unit 11

Last Listing description (January 2020)

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.

A large balcony overlooking the surrounds of Wright complements the open plan design of the home, maximising natural light.
The development itself boasts beautifully landscaped common areas designed by Jamie Durie; with various entertaining areas, a stunning solar heated pool & BBQ facility.

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.

Property History for 11/40 Philip Hodgins St, Wright, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$300,000
18 Nov 2019
Listed for Rent
21 Nov 2018
  • 18 Nov 2019
    Sold for $300,000
  • 31 Jul 2019
    Listed for Sale $315,000
  • 05 Nov 2018
    Listed for Rent $430 / week
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About Wright 2611

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:

  • The median value for Houses in Wright is $1,133,214 while the median value for Units is $526,836.
  • Houses have a median rent of $655 while Units have a median rent of $570.
There are currently 15 properties listed for sale, and 11 properties listed for rent in Wright on OnTheHouse. According to Cotality's data, 115 properties were sold in the past 12 months in Wright.

Suburb Insights for Wright 2611

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.