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ACT › Gungahlin › Gribble St

U1002, 2 Gribble St, Gungahlin ACT 2912

For saleApartment

$599,999

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,999 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,999(Listing record · 8 July 2026)
  • CalculationAsk is 45% 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 3.90% — 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

$599,999

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

-45.0%

Median sale

Suburb $1,090,000

+1.75 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
$599,999
Stamp Duty (Australian Capital Territory)
$15,720
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
$619,915

$19,916 on top of the price (3.3% 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
2.40%
Annual cashflow (pre-tax)
$-16,800
Interest cover (DSCR)
0.46
Annual rent
$23,400
Operating expenses
$9,000
Loan amount
$479,999
Annual interest
$31,200
Gross yield
3.90%

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$599,999available8 July 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 3.9%. 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 NEXEN CBR

Penthouse-style living with panoramic mountain and water views.

Welcome to your dream home in the highly sought-after "Jade" complex-where modern luxury, comfort, and convenience come together seamlessly. This penthouse-style, northwest-facing, two-bedroom residence sits proudly on the 10th floor, offering uninterrupted views of Yerrabi Pond and the Black Mountain range.

Step inside to discover an expansive open plan living and dining area, thoughtfully designed for both entertaining and relaxation. Floor-to-ceiling windows flood the home with natural sunlight and frame the stunning outlook, while block-out and sheer blinds in the living area and bedrooms provide both comfort and privacy.

At the heart of the home is a spacious designer kitchen complete with stone island benchtop, double-glazed windows, electric cooktop, dual oven, dishwasher, and ample storage-perfect for the home chef who values both style and functionality.

Read the full description

The home features two spacious bedrooms, each with built-in robes. The master bedroom includes a luxurious ensuite, and both bathrooms showcase floor-to-ceiling tiling and premium finishes. This apartment offers exceptional space rarely found at this level.

Additional highlights include reverse-cycle heating and cooling, LED lighting throughout, wall-mounted entertainment cabinetry, plenty of internal storage and a quiet balcony with elevated water views

The "Jade" complex further enhances your lifestyle with premium amenities, including a 20-metre resort-style pool, state-of-the-art gym, and rooftop alfresco dining and entertaining spaces. Secure basement parking for two cars plus a storage cage adds unmatched convenience.

Perfectly positioned with direct access to Gungahlin Town Centre, you'll enjoy walking distance to light rail, cafés, public transport, childcare centres, and scenic walking trails.

This is luxury living at its finest-where every detail is designed to elevate your everyday life.

Property Features

• Penthouse-style living on the 10th floor

• Northwest-facing with uninterrupted views of Yerrabi Pond and the Black Mountain range

• Two generous bedrooms with built-in robes

• Master bedroom with luxurious ensuite

• Floor-to-ceiling windows capturing natural light and panoramic views

• Block-out and sheer blinds in living and bedrooms for comfort and privacy

• Expansive open plan living and dining area

• Spacious designer kitchen with stone island benchtop

• Electric cooktop, dual oven, dishwasher and ample storage

• Floor-to-ceiling tiled bathrooms with premium finishes

• Double-glazed windows throughout

• Reverse-cycle heating and cooling

• LED lighting throughout

• Wall-mounted entertainment cabinetry

• Plenty of internal storage solutions

• Quiet balcony with elevated water views

• Complex features 20-metre resort-style swimming pool, state-of-the-art gymnasium, rooftop alfresco dining and entertaining areas

• Secure basement parking for two cars plus storage cage

• Ground-floor shopfronts for added convenience

• Direct access to Gungahlin Town centre, walking distance to light rail, cafés, public transport, close to childcare centres and scenic walking trails

Property Attributes: (Approx)

Built Year: 2021

Living Size: 91 sqm

Balcony Size: 10 sqm

Total size: 101sqm

2 Car Space and lockable Storage

Outgoings: (Approx.)

Strata: $1300 per quarter(approx.)

Rates: $ 440 per quarter (approx.)

Land tax: 485 pq only if rented

What's nearby:

Good Shepherd Primary school 1.7km

Burgmann Anglican School 1km

Calvary Private Hospital 8.6km

The Market Place 0.5km

Gungahlin College 0.5

University of Canberra 7.6km

A fantastic opportunity for homeowners and investors alike-schedule your viewing today!

For more information or to learn more about this property, contact Yubi Baral at 0452 646 746.

Images are for illustration purposes only and may not accurately reflect the property.

Disclaimer

Whilst every effort has been made to ensure the accuracy of the information contained herein, NEXEN CBR makes no warranty or representation as to its accuracy, completeness or reliability. All measurements, figures, dimensions and descriptions are approximate and subject to change without notice. Prospective purchasers should rely on their own enquiries, inspections and independent professional advice before making any purchasing decision. Neither NEXEN CBR nor its representatives accept any liability for errors, omissions or inaccuracies contained within this material.

Listing description written by Yubi Baral, NEXEN CBR — 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.