Back 16 Causley Lane
Off Market

16 Causley Lane

Gungahlin ACT 2912

1
1
1
67 m²
67 m²
Unit
Last sold for $360,000
Harrison GibbonsHarrison Gibbons, last sold this property on 29 May 2025 after -152 days on market.

Overview

Priced to Sell

16 Causley Lane, Gungahlin (Unit 2/45 Anthony Rolfe Ave) This low-maintenance 1-bedroom townhouse was previously tenanted and is now estimated to lease for $450/week, delivering approx. $23,400 annually. It also has excellent potential as a short-term rental with projected income around $23,300 p.a., and a net return of approx. $17,500 after expenses. Why this stands out: • No strata fees - just simple building insurance. • Eco-friendly, architecturally designed, with cathedral ceilings & north-facing deck. • Reverse-cycle air con (new in 2023), NBN FTTP • Just 250m to the tram, 200m to bus, and 24 mins to Civic • 67m2; living area plus a 5m2; north facing deck. • Single Carport • NBN FTTP • Rates = $2,307.71 annually • Land Tax = $2,858.57 annually Short-Term Rental Financial Overview • Average rate: $155* per night (including cleaning fees) • Projected revenue: approx. $23,300* • Occupancy Rate: 50% (61% other similar properties in Gungahlin)* • Operating expenses: approx. $5,800* • Net operating income: approx. $17,500* • 15.9% increase between 1 night stay minimum (45.4%), and minimum 2 nights (29.5%)* Please contact agent for full Report Preferred Settlement: 30 days Preferred Deposit: 10% *Approximately **Subject to ACT Planning & Land Authority approval

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
67 m² floor area
67 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Gungahlin over the last 12 months, the estimated median property value of 16 Causley Lane is $324.5k.

Median value
$324.5k
Estimated value range
$255k - $365k
Median days on market
66
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Gungahlin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Causley Lane

2025
Sold
$360,000
29 May 2025 by Harrison Gibbons, of Ray White Rural Canberra | Yass
2025
Sold
$360,000
29 May 2025 by Harrison Gibbons, of Ray White Rural Canberra | Yass

Happy sellers in Gungahlin

80%
80% of sellers in Gungahlin reported that their sale price either exceeded or met their price expectations.

Gungahlin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 61 reviews in Gungahlin over the last 12 months.

Local market activity for 1 bedroom units in Gungahlin

In the last 12 months, 7 one-bedroom units similar to 16 Causley Lane, have been sold.

This represents a 13% increase in one-bedroom units sales when compared to the previous 12 months.

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