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ACT › Gungahlin › Way

U808, 61 Camilleri Way, Gungahlin ACT 2912

For saleApartment

$475,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $475,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $475,000(Listing record · 2 July 2026)
  • CalculationAsk is 56% 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 4.93% — 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

$475,000

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

-56.4%

Median sale

Suburb $1,090,000

+2.78 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
$475,000
Stamp Duty (Australian Capital Territory)
$10,550
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
$489,746

$14,746 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
3.43%
Annual cashflow (pre-tax)
$-8,425
Interest cover (DSCR)
0.66
Annual rent
$23,400
Operating expenses
$7,125
Loan amount
$380,000
Annual interest
$24,700
Gross yield
4.93%

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$475,000available2 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 4.9%. 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 Way →

Listing material

Listed by Mourad Real Estate

North-Facing Corner Living with Morning Sun & Sunset Views

Positioned on Level 8 of the sought-after NUE development, 808/61 Camilleri Way, Gungahlin is a north-facing two-bedroom corner apartment offering exceptional natural light, generous outdoor living and elevated views. East-facing bedroom windows welcome the morning sun, while the expansive 18.5sqm balcony provides an impressive setting to relax and enjoy beautiful sunset views across Gungahlin.

With approximately 56.6sqm of internal living, secure basement parking, storage and access to NUE's rooftop facilities, this is an outstanding opportunity for first-home buyers, downsizers or investors seeking a quality apartment in one of Gungahlin's most convenient locations.

Designed for light, privacy and everyday liveability, this residence delivers a highly desirable layout with windows to both bedrooms — a feature that sets it apart from many apartment alternatives. The east-facing bedroom windows welcome beautiful morning sun, while the north-facing living area creates a bright and inviting space throughout the day.

Read the full description

The open-plan living and dining area connects seamlessly to a generous private balcony, capturing an elevated outlook across Gungahlin and the surrounding landscape. Whether you are relaxing, entertaining or working from home, the apartment offers a strong sense of space, comfort and connection to the outdoors.

The modern kitchen is both stylish and functional, featuring stone benchtops, Franke appliances, induction cooking and excellent storage. Both bedrooms are well-proportioned and include built-in robes, while the designer bathroom is finished with floor-to-ceiling tiling, a frameless glass shower and quality fixtures.

Offering approx. 56.5 sqm of internal living, approx. 18.5 sqm of balcony space and approx. 75 sqm total area, this apartment provides an excellent balance of indoor comfort and outdoor lifestyle appeal.

NUE itself takes inspiration from the "walk streets" of Venice Beach. Designed by Core Developments and judd.studio, the precinct promotes a pedestrian-first lifestyle with pocket parks, ground-floor retail, resident amenities and convenient access to nearby green spaces.

Key Features

• Premium north-facing 2-bedroom apartment

• Windows to both bedrooms for natural light, airflow and liveability

• East-facing bedroom windows capturing morning sun

• Bright open-plan living and dining area

• Generous private balcony with elevated Gungahlin views

• Two spacious bedrooms with built-in robes

• Modern kitchen with stone benchtops

• Franke appliances and induction cooktop

• Excellent kitchen storage and functional layout

• Timber flooring through the living areas

• Plush carpet in the bedrooms

• Designer bathroom with floor-to-ceiling tiling

• Frameless glass shower and modern vanity

• Split-system reverse-cycle air conditioning

• European laundry with integrated washer/dryer

• Video intercom and secure building access

• Basement car space plus lockable storage cage

• Approx. 56.5 sqm internal living

• Approx. 18.5 sqm balcony

• Approx. 75 sqm total area

Life at NUE

• Rooftop BBQ terrace with panoramic district views

• Shared study and meeting spaces for residents

• Secure building with lift access

• Ground-floor retail convenience

• Pedestrian-friendly precinct design

• Close to parks, walking paths and open green spaces

Location

A genuine walk-everywhere address with everyday convenience close by.

• Close to Gungahlin light rail station

• Easy access to bus services

• Moments to Woolworths, cafés, restaurants and Gungahlin Marketplace

• Close to parks, walking trails and local green spaces

• Easy access to schools, medical centres and gyms

• Convenient access to major roads connecting to Canberra City, Belconnen and the wider Gungahlin region

Rental Appraisal $570 per week

Strata: $834.22 per quarter approx

Rate: $457.00 per quarter approx

Land Tax: $525.00 per quarter (investors only)

North-facing apartments at NUE with two genuine bedrooms, windows to both bedrooms, morning sun, elevated views and strong lifestyle appeal are tightly held and rarely available.

📞 Contact Lameh Mourad — 0487 555 551 for more information.

*Disclaimer: All information contained herein has been obtained from sources deemed reliable. However, Mourad Real Estate makes no representation or warranty as to its accuracy, and interested parties should rely on their own enquiries. Measurements, figures, and details are approximate and subject to change at any time. Some images may include virtual furniture or styling for illustrative purposes only. The property is sold in its current condition and should be independently inspected prior to purchase.*

Listing description written by Lameh Mourad, Mourad Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Intercom
  • Living Areas: 1
  • Pay TV
  • Remote Garage
  • Reverse Cycle Aircon
  • Secure Parking
  • Study

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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.