27 Ayrton Street, Gungahlin, ACT 2912
Offers over $1,050,000
4 2 2
Open Saturday 14 November 1:15 pmOriginally a pastoral district, Gungahlin was identified in the 1970s as the fourth 'new town' for Canberra's expansion. Development accelerated in the 1990s and 2000s to meet the surging demand for housing in the ACT's north.
A bustling metropolitan town centre characterized by high-rise residential towers, a major retail precinct, and integrated transport infrastructure.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Gungahlin serves as the primary commercial and residential engine for North Canberra. It offers a 'city-lite' lifestyle that appeals to those who want convenience without the price tag of the Inner North.
$920k – $1.35m
$420k – $780k
12-month movement
Current asking rents
The market is bifurcated; houses are scarce and hold value well, while the unit market is high-turnover with more negotiation room for buyers.
Price comparison
Median price ÷ median income
Estimated rental yield
While more affordable than the Inner South or North, Gungahlin is no longer a 'budget' entry point for houses. Units remain the primary entry path for first-home buyers.
Lower = tighter market
Avg time on market
Annual rental increase
Young professionals, public servants, and small families.
Strong rental yields and low vacancy make it a safe cash-flow play, but investors should be wary of high body corporate fees in newer complexes.
Steady growth for detached housing as land becomes scarce. The unit market will likely remain flat until the current construction pipeline is fully absorbed.
vs last 12 months
Relative comparison
Check secure parking facilities in apartment complexes and lighting around common areas.
The primary risks are related to property type and construction quality rather than environmental factors.
Low risk; modern drainage systems in place.
Low risk for the town centre; moderate risk for properties on the urban fringe near Mulligans Flat.
Standard premiums apply; no significant environmental loading noted.
Multi-unit housing development codes
Gungahlin Town Centre East and West precincts.
High-density zoning means your neighbor's low-rise house could potentially become a multi-story apartment block in the future.
Excellent via Light Rail and bus interchange.
High; everything needed for daily life is within the suburb.
Good; Yerrabi Pond and local district parks are well-utilized.
Very Good; high concentration of public and private options.
Excellent; Gungahlin Walk-in Centre and numerous private clinics.
A diverse, upwardly mobile population with a high percentage of families and young professionals.
The young demographic ensures long-term demand for modern amenities and schools, supporting property values.
Focus is on completing the Town Centre's residential towers and enhancing community facilities.
Residents love the convenience and the 'everything at your doorstep' feel, though some lament the increasing density and traffic.
I can walk to three supermarkets and the light rail in 5 minutes. It's the most convenient place I've ever lived in Canberra.
Buying an apartment here was the only way I could get into the market near a train line. The build quality in my block is decent.
The schools are great, but getting a spot in the local primary can be stressful because they are so full.
Rent is always steady, but the value of my unit hasn't moved much in three years because of all the new towers going up.
Moving from a big block in Nicholls to a townhouse here was the best move. Everything is flat and easy to walk to.
The light rail is a lifesaver, but if you have to drive out of Gungahlin at 8 AM, be prepared for a crawl on Gundaroo Drive.
Position your property as a 'lifestyle choice' that balances urban convenience with the space of the suburbs. Emphasize the 'walk-to-everything' nature of the location.
High-yield rental strategy focusing on 2-bedroom units near the light rail terminus.
High body corporate levies and potential for high vacancy if multiple new towers settle simultaneously.
Unbeatable access to shops and transport.
Noise from late-night retail and construction.
Ensure compliance with ACT's mandatory ceiling insulation and smoke alarm laws.
The '24-minute commute' and 'Canberra's most modern town centre'.
Young professionals (25-40) and interstate relocators working in the public service.
This report is based on data available as of 2026-03-05. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent research and consult with professionals before making any property purchase.
Offers over $1,050,000
4 2 2
Open Saturday 14 November 1:15 pm
Auction
3 2 2
Auction Saturday 28 November 10:00 am
Auction
4 3 2
Auction Saturday 28 November 11:30 am
Terrific Terrace in Gungahlin!
Schools in this suburb, and the government school zones that cover the middle of it. A zone often covers only part of a suburb, so check an address on the property page.
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