Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

ACT › Gungahlin › Swain St

U205, 90 Swain St, Gungahlin ACT 2912

For saleApartment

$529,999–$569,999

For sale

Asking range

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $529,999–$569,999 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $529,999–$569,999(Listing record · 13 Oct 2025)
  • CalculationAsk is 51% 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 4.42% — 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

$529,999–$569,999

Asking range

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

-51.4%

Median sale

Suburb $1,090,000

+2.27 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

Based on the low end of the asking range, not a contract price.

Purchase Price
$529,999
Stamp Duty (Australian Capital Territory)
$12,696
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
$546,891

$16,892 on top of the price (3.2% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
2.92%
Annual cashflow (pre-tax)
$-12,110
Interest cover (DSCR)
0.56
Annual rent
$23,400
Operating expenses
$7,950
Loan amount
$423,999
Annual interest
$27,560
Gross yield
4.42%

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$529,999–$569,999available13 Oct 2025

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 4.4%. 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 Swain St →

Listing material

Listed by NEXEN CBR

Sophisticated Living in the Heart of Gungahlin

Where style meets comfort, this beautifully designed 2-bedroom, 2-bathroom apartment with 2 secure car spaces offers effortless modern living in a vibrant, walkable location. Positioned on the second floor with a south-west orientation, it captures warmth, light, and a refined sense of space enhanced by an enclosed winter garden/balcony — perfect for year-round enjoyment.

The master suite is a serene retreat, complete with built-in robe, ensuite, and private balcony. The second bedroom offers flexibility for guests or a home office. A light-filled open-plan living area flows seamlessly to the kitchen, where sleek finishes and modern appliances create the perfect blend of form and function.

Enjoy the finer details — split-system air conditioning, secure access, and quality finishes throughout — all complemented by exclusive rooftop facilities, including an infinity pool with panoramic views and a BBQ/entertainment area for relaxed weekends.

Read the full description

Set just moments from Gungahlin Town Centre, you’re steps away from shops, cafés, dining, and the light rail, with Yerrabi Pond District Park across the street offering peaceful walking trails and open green spaces.

Property Features:

• 2 bedrooms | 2 bathrooms | 2 secure car spaces is on B3

• Second-floor position with south-west aspect and

• Open-plan living, dining & kitchen + enclosed winter garden/balcony

• Modern kitchen with premium stone-topped kitchen with electric cooking + dishwasher

• Two split system units for efficient heating and cooling, ensuring year-round comfort

• Communal pool, spa, gym, cinema, dining & BBQ facilities

• Walk to shops, cafés, and light rail

• Walk to Gungahlin town centre, shops, dining, & cafes

• Ideal investment or first home in a convenient location

• NBN Connected

• EER :6 Stars

• Rental estimate (unfurnished): $600 - $620 per week

Property Attributes:(Approx)

Year Built: 2023

Total number of Apartment in the building 275

Living Size: 89 Sqm

Balcony: 10 sqm

Outgoing: Approx

Body Corporate: $2474 half yearly

Rates: $1806 per annum

Land Tax (Investors only): $490 per quarter

What's nearby:

Good Shepherd Primary School: 1.8km

Burgmann Anglican School: 1.2km

Calvary Private Hospital: 8.7km

The Marketplace: 0.5km

University Of Canberra: 7.7km

Gungahlin College: 0.6km

This stylish and low-maintenance home is an exceptional opportunity in a fantastic location. Don’t miss out—inspect today!

For more information or to learn more about this property, please get in touch with Yubi Baral at 0452 646 746.

The images shown are for illustration purposes only and may not accurately represent the product.

Disclaimer: Any interest in this property should be registered with the ONE AGENCY GUNGAHLIN. The contents of the proposal do not form part of the contract. While care has been taken in their preparation, no responsibility is accepted for the accuracy of the whole or any part, and interested persons are urged to seek legal advice, make their own inquiries, and satisfy themselves in all respects.

This home offers a perfect blend of modern elegance and practical living. Don't miss out on this incredible opportunity!

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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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