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1006/11 Launceston Street, Phillip$499,000
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1006/11 Launceston Street

Phillip, ACT 2606, Australia
$499,000
2 bed 2 bath 1 car78 m²

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About this property

Investment Opportunity! Current Lease at $550pw (5.5% Gross Yield) On offer is a bright and airy two bedroom apartment that features a functional, open floor plan. The kitchen is well equipped with electric appliances throughout, stone benchtops and plenty of storage. The open plan living and dining space offers ample room and is complimented by the floor to ceiling double glazed windows that boost to energy efficiency. The main bedroom is well-appointed and includes direct access to it's balcony and a large built in robe and ensuite. The secondary bedroom also features a built in robe and has access to the main balcony. Servicing the apartment is the main contemporary bathroom that includes stylish standalone shower, floating vanity, and toilet. Similar finishes are found in the ensuite. WOVA is a complex completed in 2024 with a load of luxury amenities including: - In door pool area, fitness studio and gym and sauna - Co-Working spaces - make working from home a breeze - Cinema available to book with residents privately - Entertaining areas: communal lounge room and kitchen plus games room - Landscaped gardens across the precinct Phillip is located right in the heart of the Woden Valley. Walking distance from the apartment, you have access to Westfield Woden, Bradley Street Dining Precinct, Canberra Public Hospital, and the Woden Bus Interchange. There are also several parks nearby to enjoy a picnic or light stroll with your furry friend. Nearby is also the newly completed CIT campus which offers a range of vocational courses. Features: - SMEG Kitchen Appliances - Centrally located within walking distance to Woden & Canberra Hospital - Open-plan living - Kitchen featuring stone benches and quality appliances - Main Balcony with access from the living room and bedroom - Main bedroom with separate balcony, A/C unit and ensuite. - European laundry with dryer - Video intercom - A/C unit in living room - Basement parking spaces and storage cage Figures: Body Corp: $4,436pa Rates: $419pq Land Tax: 505pq Internal Size 78m2 External Size 12m2 (Main Balcony 7m2 + Secondary Balcony 5m2) Energy Rating 6.0 stars

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
78 m²
Listed
3 months ago

Repayment calculator

$2,419/month
$1,210 /fortnight
Loan $399,200 at 6.10% over 30 years

Upfront costs

Deposit$99,800
Stamp duty$8,920
Conveyancing (est.)$2,000
Total upfront$110,720
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Phillip

This 2-bedroom apartment in Phillip, ACT 2606 sits within reach of public transport, local shops and nearby schools. It is listed 7% above the $465,000 median of 79 comparable apartmentswithin 5 km.

Schools near Phillip

  • The Canberra Collegesecondary · 11-12 · CoEd

What's nearby

  • Ainsworth Street opposite Woden CIT (bus)1.3 km away
  • Cataldo’s Salon979 m away
  • Unnamed441 m away
  • Woden Town Park626 m away
  • Arabanoo Park680 m away

Phillip at a glance

Full suburb profile
Population
5,197
Median age
32
Household income
$2,075/wk
Median rent
$440/wk
Median mortgage
$1,608/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Phillip price trend

Median sold · Unit 2 bed

Compound growth +3.0% / yr over 4 yrs

$580kcurrent median

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