Gungahlin, ACT 2912: Suburb Profile & Property Report

Market Report

House report
Unit Report

Gungahlin has 64 houses available for sale. The median property price for a house is currently $940,000 with annual capital growth of 3.30% . There were 70 house sales in the past 12 months. On average, houses spend 63 days on market.

If you're thinking about buying an investment property in Gungahlin, consider that rental yields for houses are currently 3.97% with an average median rent of $660 weekly. Houses have seen -2.08% growth in the past quarter, and 3.30% growth in the past 12 months.

The size of Gungahlin is approximately 4.6 square kilometres. It has 17 parks covering nearly 38.1% of total area. The population of Gungahlin in 2011 was 5,617 people. By 2016 the population was 6,141 showing a population growth of 9.3% in the area during that time. The predominant age group in Gungahlin is 20-29 years.

Households in Gungahlin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gungahlin work in a professional occupation. In 2011, 48.4% of the homes in Gungahlin were owner-occupied compared with 43.7% in 2016.

Gungahlin has 201 units available for sale. The median property price for a unit is currently $439,000 with annual capital growth of -2.44% . There were 180 unit sales in the past 12 months. On average, units spend 58 days on market.

If you're thinking about buying an investment property in Gungahlin, consider that rental yields for units are currently 6.12% with an average median rent of $538 weekly. Units have seen -1.35% growth in the past quarter, and -2.44% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$940,000	$439,000
Quarterly growth	-2.08%	-1.35%
12-month growth	+3.30%	-2.44%
Average annual growth	+5.61%	+3.20%
Weekly median rent	$660	$538
Gross rental yield	3.97%	6.12%
Number of Sales (12m)	70	180
Avg. Days on Market (12m)	63	58

Jump to Market Trends

Key Demographics	2011	2016
Total population	5,617	6,141
Population change (5y)	+45.63%	+9.30%
Median household income (p/w)	$2,105	$2,028
Household income change (5y)	+15.91%	-3.66%
Median age of persons	28	31

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Gungahlin is $940,000 for houses and $439,000 for units.

The Median Growth in Gungahlin over the past 12 months is 3.30% for houses and -2.44% for units.

Over the past 12 months there were 70 houses sold and 180 units sold in Gungahlin. On average, houses spent 63 days on market and units spent 58 days on market.

In the past 12 months up to August 2024 there were 70 houses sold and 180 units sold in Gungahlin. On average, houses spent 63 days on market and units spent 58 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Gungahlin is $660 for houses and $538 for units.

The Rental Yield in Gungahlin is 3.97% for houses and 6.12% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Gungahlin was 6,141 in 2016, a +9.30% change compared to 2011.

The predominant age group in Gungahlin is 20-29 years.

The population of Gungahlin was 6,141 in 2016, a +9.30% change compared to 2011.

The predominant age group in Gungahlin is 20-29 years.

Most of the population in Gungahlin were born in Australia.

Most of the population in Gungahlin report their religion as No Religion.

Most of the population in Gungahlin report their income range as between $78,000 and $130,000 .

The median household income in Gungahlin was $2,028 in 2016, a -3.66% change compared to 2011.

Most of the population in Gungahlin report their income range as between $78,000 and $130,000 .

The median household income in Gungahlin was $2,105 in 2011, a +15.91% change compared to 2006.

Most of the population in Gungahlin work as Professional.

The chart below demonstrates the various levels of education in Gungahlin.

Most of the population in Gungahlin reached a qualification level of Bachelor.

2011 2016

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