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Secure DHA Investment in Prime Location - 5.4% Yield, Griffith$649,000
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Secure DHA Investment in Prime Location - 5.4% Yield

Griffith, ACT 2603, Australia
Approximate location shown. Contact agent for exact address.
$649,000
2 bed 2 bath 1 car87 m²

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About this property

*Inspections available by appointment* Bright, stylish, and perfectly positioned, this north-facing, second-floor apartment offers a leafy, peaceful outlook and modern comfort throughout. With a secure DHA lease in place, it's ideal for investorsor buy now, move in later, and enjoy premium finishes, generous proportions (99m² total), and easy access to Canberra's Inner South lifestyle. THE HOME This north-facing, light-filled second-floor apartment offers a leafy outlook and a generous setback from the street, creating a sense of privacy and tranquility. With lift access via secure entry, the home is easily accessible and combines comfort with convenience for everyday living. The open-plan living and dining area flows seamlessly from a premium kitchen featuring stone benchtops and Smeg appliances, making it ideal for entertaining or relaxed daily life. Both bedrooms are generously sized with mirrored built-in robes, while the master enjoys a private ensuite. The main bathroom features quality fittings and floor-to-ceiling tiling, complemented by an internal laundry with dryer for added practicality. Outdoor living is enhanced by a covered balcony with a storage room, while year-round comfort is ensured with multi-head Daikin split-system air conditioning. Additional features include a secure basement car space, further basement storage and access to a communal courtyard with a large covered alfresco area. With a secure DHA lease in place, this apartment is ideal for investors or those looking to buy now and move in later. THE LOCATION Nestled in Canberra's prestigious Inner South, this Griffith apartment places you just minutes from the vibrant Manuka and Kingston precincts, with cafés, restaurants, boutiques, and amenities on your doorstep. Leafy streets, nearby schools, parks, and easy access to the CBD, the Parliamentary Triangle, and the airport make daily life effortless. With scenic surroundings and excellent connections, the best the city has to offer is within easy reach. HIGHLIGHTS North-facing, spacious & light-filled second-floor apartment Leafy outlook with generous setback from the street Secure DHA lease perfect for investors or to buy now and move in later Lift access via secure entry Open-plan living and dining area Premium kitchen with stone benchtops and Smeg appliances Spacious bedrooms with mirrored built-in robes Master bedroom with private ensuite Main bathroom with quality fittings and floor-to-ceiling tiling Internal laundry with dryer Covered balcony with storage room Multi-head Daikin split-system air conditioning Secure basement car space with storage Communal courtyard with large covered alfresco area Minutes from Manuka and Kingston cafés, shops, and dining Easy access to parks, schools, CBD, Parliamentary Triangle, and airport DETAILS Internal: 87m2 Balcony: 12m2 Total: 99m2 DHA lease: Expires 23/01/2029 plus up to 3 year extension Current rent: $675 per week (reviewed annually) Gross Yield: 5.4% (assumes $649,000 purchase) DHA Property Care Fee: 13% (includes - rent guarantee, management & maintenance (see lease for full details) Rates: $666 per quarter Land tax: $910 per quarter Strata levies: $1,645 per quarter EER: 6 All figures are approximate Note - Some photos supplied by DHA. Please contact Jonathan Irwin for more information on 0421 040 082 or jonathan@irwinproperty.com.au. Disclaimer: Every effort has been made to ensure the information provided is accurate. Irwin Property and the vendor cannot warrant the accuracy on the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. All purchasers should rely on their own independent enquiries.

Property Details

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

Repayment calculator

$3,146/month
$1,573 /fortnight
Loan $519,200 at 6.10% over 30 years

Upfront costs

Deposit$129,800
Stamp duty$15,391
Conveyancing (est.)$2,000
Total upfront$147,191
Verify with ACT revenue office →
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 Griffith

This 2-bedroom apartment in Griffith, ACT 2603 sits within reach of public transport, local shops and nearby schools. It is listed 2% below the $664,000 median of 67 comparable apartmentswithin 5 km.

Schools near Griffith

  • St Edmund's College Canberracombined · 4-12 · Boys
  • St Clare's Collegesecondary · 7-12 · Girls

What's nearby

  • Giles Street Kingston Hotel (bus)430 m away
  • Mycar272 m away
  • Unnamed84 m away
  • Unnamed213 m away
  • Griffith Park283 m away

Griffith at a glance

Full suburb profile
Population
5,328
Median age
38
Household income
$2,542/wk
Median rent
$462/wk
Median mortgage
$2,118/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Griffith price trend

Median sold · Unit 2 bed

Compound growth +0.7% / yr over 4 yrs

$655kcurrent median

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