Back 214/48 Gungahlin Place
Off Market

214/48 Gungahlin Place

Gungahlin ACT 2912

1
1
1
64 m²
Apartment
Last sold for $350,000
Rahul MehtaRahul Mehta, last sold this property on 23 November 2025 after 4 days on market.

Overview

Live in or invest, either way you win with this location

An ideal first home or starter for an investor. This apartment represents comfortable, well-maintained & genuine value buying. Why pay off someone else's mortgage when you can move into this attractive apartment with everything you need at your doorstep? Location is everything in real estate. That's why the Centro development is so special with its inner town centre location that offers a convenient lifestyle & will only appreciate in value as the centre continues to grow & develop. Already the Gungahlin town centre boasts an abundance of businesses & services at your doorstep. How many other locations offer more than half a dozen cafes, fast food & restaurant options within 200 metres? It is this combination of convenience & choice that separates Centro from other locations. If you need to venture further afield, then the Belconnen & City centre are only 10-15 minutes' drive away. To enjoy this conveniently located development, we have on offer a spacious 1-bedroom apartment that takes in the views over this thriving town centre. Do you fit this description retirees, newlyweds or just entering the market? If so, this beautiful apartment is exactly what you have been searching for. Sufficiently compact to exude a cosy, warm ambience but designed to allow individual privacy. Upon entering this lovely apartment, you are greeted by the well-appointed kitchen. For those who enjoy cooking, you will love this modern kitchen complete with Fisher & Paykel appliances, stone bench tops & a dishwasher. The kitchen overlooks the huge combined dining & living area that will be perfect for entertaining but also offering the ideal atmosphere for a quiet night at home. The generous balcony offering a great vantage point to enjoy the vibrant town centre. The building offers underground swipe access parking where you will find one car space & a lockable storage cage for this apartment. There is also the convenience of intercom access for when you have guests. If you're starting up or slowing down, who needs the hassles of lawn mowing & home maintenance? Come home to this charming, near new apartment with everything you need at your beck and call. Summary of features: - Inner town centre living - Stone benches - Fisher & Paykel dishwasher drawer - Fisher & Paykel appliances - Double bowl sink - Big living & dining area - Air-conditioning to living area - Intercom access - Well-proportioned balcony - Individual hot water system - Bedroom with built-in robes - Floating stone bench vanity - Linen cupboard - Water saving shower rose - Tastic heat lamp - Highlight windows in the bedroom - Vacant ready for your immediate enjoyment Key figures: - Living area: 55m2 - Balcony area: 9m2 - Rates: $1,836 p.a. - Land tax (investors only): $2,168 p.a. - Strata levies: $3,522 p.a. - Rental estimation: $450-480 p.w. For further information or to organise a viewing, we encourage you to contact Arjun on the details provided.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
64 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Gungahlin over the last 12 months, the estimated median property value of 214/48 Gungahlin Place is $344k.

Median value
$344k
Estimated value range
$230k - $500k
Median days on market
69
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 214/48 Gungahlin Place

2025
Sold
$350,000
Private Sale/Treaty on 23 Nov 2025 by Rahul Mehta, of Altair Property
2022
Rented
Undisclosed
Leased on 07 Nov 2022 by Independent Property Group North
2021
Rented
Undisclosed
Leased on 28 Jun 2021 by Independent Property Group North

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 apartments in Gungahlin

In the last 12 months, 40 one-bedroom apartments similar to 214/48 Gungahlin Place, have been sold.

This represents a 24% increase in one-bedroom apartments sales when compared to the previous 12 months.

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