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Back 9A/40 Launceston Street
Off Market

9A/40 Launceston Street

Phillip ACT 2606

2
1
1
Apartment
Last sold for $330,000
Ainslie ThomasAinslie Thomas, last sold this property on 05 November 2025 after 36 days on market.

Overview

Top-Floor Apartment Perfect for Investors or First Home Buyers

This well-presented two-bedroom top-floor apartment in the popular Endeavour Gardens complex offers the best of both worlds a ready-made investment or an ideal first home. Currently rented at $375 per week on a periodic tenancy, the property provides a solid yield for investors. For first home buyers, it represents an affordable entry into the highly desirable Lyons market, with the option to move in and enjoy later. Located in Block A, the apartment benefits from elevated privacy and great natural light, with two outdoor living spaces a balcony off the open-plan living and kitchen area, plus a second private balcony off the bedroom. Both bedrooms feature built-in robes, and the property includes a single allocated carport. The position is unbeatable The apartment is adjacent to Lyons Shopping Centre and just a short distance to Westfield Woden, Canberra's largest southside retail hub with supermarkets, cinemas, restaurants and over 250 speciality stores. With Phillip, Woden and the Canberra Hospital precinct nearby, the apartment is perfectly positioned for reliable tenant demand and strong long-term growth. Features: 2 bedrooms with built-in robes Top-floor position in Block A Open-plan living with access to the balcony Second private balcony off bedroom Allocated single carport RCAC heating and cooling *Please note, select images may have been digitally modified to exclude tenants' items. All efforts have been made to ensure the property is represented as accurately as possible. EER: 2.5 stars Rates: $653.75 p/quarter approx.. Land Tax: $850.97 p/quarter approx. *only applicable if leased* Strata Levies: $864 p/quarter approx. Water: $215.18 p/quarter Disclaimer: Please not that while all care has been taken regarding general information and marketing information compiled for this sales advertisement, Total Property Sales does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective purchasers to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Phillip over the last 12 months, the estimated median property value of 9A/40 Launceston Street is $590k.

Median value
$590k
Estimated value range
$483.39 - $785k
Median days on market
56
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Phillip. 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 9A/40 Launceston Street

2025
Sold
$330,000
Private Sale/Treaty on 05 Nov 2025 by Ainslie Thomas, of Total Property Sales

Happy sellers in Phillip

84%
84% of sellers in Phillip reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 92 reviews in Phillip over the last 12 months.

Local market activity for 2 bedroom apartments in Phillip

In the last 12 months, 118 two-bedroom apartments similar to 9A/40 Launceston Street, have been sold.

This represents a 8% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Phillip

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Nicholas Jacob

Sellers who recommend Nicholas Jacob have praised them for being clear communication, local expert, honest, supportive, responsive, friendly and pleasant

  •   5   (109 reviews)
  •  17 Reviews in Phillip
  •  15 Sales in Phillip
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Tyran Murphy

Sellers who recommend Tyran Murphy have praised them for being clear communication, local expert, responsive, friendly, supportive, honest and pleasant

  •   5   (171 reviews)
  •  8 Reviews in Phillip
  •  17 Sales in Phillip
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Mandeep Singh

Sellers who recommend Mandeep Singh have praised them for being local expert, clear communication, reliable, honest, responsive, dedicated and friendly

  •   4.9   (111 reviews)
  •  5 Reviews in Phillip
  •  7 Sales in Phillip
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Lauren Laing

Lauren Laing is a recommended agent for Phillip.  They have 6 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (284 reviews)
  •  5 Reviews in Phillip
  •  6 Sales in Phillip
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