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ACT › Gungahlin › Gribble St

414/2 Gribble St, Gungahlin ACT 2912

For saleUnit

$459,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $459,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $459,000(Listing record · 7 Aug 2026)
  • CalculationAsk is 58% below the Gungahlin median recorded sale ($1,090,000, n=19, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gungahlin's advertised median rent ($450/wk), implied gross yield would be 5.10% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$459,000

Asking

No recorded sale for this property.

Gungahlin at a glance

10,030

People

$1,090,000

Median sale

$450/wk

Median rent

2.15%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full Gungahlin report →

Vs Gungahlin

-57.9%

Median sale

Suburb $1,090,000

+2.95 pp

Gross yield

Suburb 2.15%

Suburb median $1,090,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$459,000
Stamp Duty (Australian Capital Territory)
$10,006
Transfer/Registration Fee
$496
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$473,202

$14,202 on top of the price (3.1% extra)

  • Stamp Duty (Australian Capital Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Australian Capital Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Gungahlin's advertised median rent — not a rent for this listing.

Net yield
3.60%
Annual cashflow (pre-tax)
$-7,353
Interest cover (DSCR)
0.69
Annual rent
$23,400
Operating expenses
$6,885
Loan amount
$367,200
Annual interest
$23,868
Gross yield
5.10%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$459,000available7 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $450/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Gungahlin in one glance

Gungahlin at a glance

10,030

People

$1,090,000

Median sale

$450/wk

Median rent

2.15%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full Gungahlin report →

Keep researching

  • Why Gungahlin? Read the area thesis →
  • What else is on the market in Gungahlin →
  • Other records on Gribble St →

Listing material

Listed by Stone Real Estate Gungahlin

Immaculate and contemporary living, move in ready

Inspection access: Entry via 2 Gribble Street, please dial 414 and come to level 4.

Positioned within the highly regarded Jade development, this beautifully presented two bedroom apartment offers an exceptional combination of modern style, quality finishes and unbeatable convenience. Perfect for first home buyers, professionals, downsizers and investors, this apartment delivers a low maintenance lifestyle.

Located on Level 4, the apartment enjoys an elevated position with an abundance of natural light and a spacious open plan design. Just a short walk from Yerrabi Pond, Gungahlin Marketplace, the light rail, cafes, restaurants and everyday amenities, everything you need is right at your doorstep.

Read the full description

The thoughtfully designed kitchen, living and dining area creates a seamless space for everyday living and entertaining. The contemporary kitchen features generous stone benchtops with waterfall edge, quality cabinetry and premium appliances, including a double oven, induction cooktop and dishwasher. Sliding doors extend the living area onto a generous balcony, providing the perfect place to relax or entertain guests.

The main bedroom includes a built in wardrobe and a modern ensuite, while the second bedroom also features a built in wardrobe and is serviced by a stylish main bathroom finished in timeless neutral tones.

Comfort is assured year round with split system heating and cooling in the main bedroom and living area, double glazed windows and impressive 2.7 metre ceilings that enhance the sense of space throughout. A european laundry with dryer included, secure basement car space and dedicated storage cage complete the home.

Beyond the apartment itself, residents of Jade enjoy access to outstanding resort style facilities, including a 20 metre swimming pool, fully equipped gym and an impressive rooftop entertaining area complete with BBQs and pizza ovens.

Whether you're searching for your first home, a lock up and leave lifestyle or a quality investment in one of Gungahlin's most desirable developments, this apartment presents an outstanding opportunity.

Features Overview:

- Immaculately presented apartment positioned on level four

- Two bedrooms, two bathrooms and one secure basement car space

- Separate storage cage

- Double glazed windows

- High 2.7-metre ceilings throughout

- NBN Fibre to the Premises (FTTP)

- Energy Efficiency Rating: 6.0

- Built in 2020

Inside:

- Spacious open plan living and dining area

- Contemporary kitchen with stone benchtops and generous storage space

- Kitchen appliances include a double oven, induction cooktop and dishwasher

- Main bedroom with built in robe and ensuite

- Second bedroom with built in robe

- Both bathrooms with rain showers plus vanity and mirror storage

- Split system heating and cooling

- European laundry with dryer included

Outside:

- Spacious 12sqm balcony

- Secure basement car space with remote access

- Separate storage cage

- Secure building with lift access

Resident Facilities:

- 20 metre resort style swimming pool

- Fully equipped gym

- Rooftop entertaining terrace

- Communal barbecue facilities

- Pizza ovens

Development Information:

- Name of development: Jade Apartments

- Strata management: First Choice Strata

- Age: Built in 2020

Property Sizes (Approx.):

- Internal Living: 75sqm

- Balcony size: 12sqm

- Total size: 87sqm

Gungahlin is a vibrant and fast-growing suburb at the heart of Canberra's northern district, offering a dynamic lifestyle defined by convenience, community, and modern living. Just 10km from the city centre, it serves as a major hub for the region, with a bustling town centre along Hibberson Street featuring major retailers, cafes, restaurants, and entertainment options.

With excellent local schooling including Gungahlin College and Burgmann Anglican School, along with lakeside recreation at Yerrabi Pond and expansive green spaces nearby, Gungahlin offers a well-rounded, energetic lifestyle ideal for families and professionals alike.

Inspections:

We are opening the home most Saturdays with mid-week inspections. However, If you would like a viewing outside of these times please email: hugomendez@stonerealestate.com.au

Disclaimer:

The material and information contained within this marketing is for general information purposes only. Stone Gungahlin does not accept responsibility and disclaims all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties make further enquiries.

Listing description written by Hugo Mendez, Stone Real Estate Gungahlin — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.