48/40 Philip Hodgins Street, Wright, ACT 2611 | Property Value & History | OnTheHouse
OFF MARKET

48/40 Philip Hodgins Street
Wright ACT 2611

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Land area: 21200m2
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Property Details for 48/40 Philip Hodgins St, Wright

48/40 Philip Hodgins St, Wright is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 21200m2 and floor size of 71m2.

Building Type
Unit
Year Built
2015
Floor Size
71m2
Land Size
21200m2
Local Government
Molonglo Valley
Lot/Plan
WRIGHT: Block 1, Section 46, Unit 48

Last Listing description (July 2026)

Positioned within the well-regarded Observatory complex, 48/40 Philip Hodgins Street, Wright offers a considered blend of contemporary design, natural light, and low-maintenance living in the heart of the Molonglo Valley.

The home is thoughtfully laid out to maximise both space and functionality, with an open plan living and dining area that feels bright, welcoming, and easy to live in. The kitchen is clean and modern in its design, featuring quality appliances, ample storage, and a practical layout suited to everyday use.

Accommodation is well-proportioned and privately positioned, creating a comfortable retreat while maintaining a layout that works equally well for owner-occupiers and investors. Every element of the home has been designed with simplicity and liveability in mind.

Set within a well-maintained development, residents of the Observatory complex enjoy a quiet, community-focused environment surrounded by the natural beauty of the Molonglo region. With nearby walking trails, green open spaces, and close proximity to Stromlo Forest Park, the lifestyle on offer is both active and relaxed. Convenient access to the City, Woden, and Belconnen ensures everything you need is within easy reach.

Why This Property Captivates:

Light-filled open plan living and dining designed for effortless flow
Sleek, modern kitchen with quality appliances and generous storage
Well-proportioned accommodation offering privacy and comfort
Contemporary finishes throughout with a refined, neutral palette
Low-maintenance design ideal for owner-occupiers and investors alike
Positioned within the highly regarded Observatory complex
Surrounded by parklands, walking trails, and natural reserves
Moments to Stromlo Forest Park and the Molonglo River corridor
Easy access to Canberra City, Woden, and Belconnen

- Rates: $458 p.q. approx.
- Land tax: $530 p.q. approx. (Investor only)
- Build year: 2016
- EER: 6 Star
- Rental Estimate: $560-$580 p.w.
- Strata + Sinking Fund: $5,065 p.a appox.

A smart, well-located opportunity in a growing and well-connected precinct.

Property History for 48/40 Philip Hodgins St, Wright, ACT 2611

A timeline of how this property has performed in the market
  • 21 Apr 2026
    Listed for Sale Under Contract
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About Wright 2611

The size of Wright is approximately 1.3 square kilometres. There are 5 parks, covering nearly 6.0% of the 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 2,075 properties. Over the last 5 years, Houses in Wright have seen a 22.12% increase in median value, while Units have seen a 22.63% increase. As at 30 June 2026:

  • The median value for Houses in Wright is $1,103,988 while the median value for Units is $532,760.
  • Houses have a median rent of $990 while Units have a median rent of $575.
There are currently 20 properties listed for sale, and 13 properties listed for rent in Wright on OnTheHouse. According to Cotality's data, 117 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.