Belconnen’s skyline has changed dramatically in recent years as more high-rise developments jostle for air space.
But, the market is responding enthusiastically, drawing new residents and businesses to a rapidly revitalising town centre.
Theo Koutsikamanis of the Bastion Property Group says there are contributing factors in the renewal.
“Location is probably at the top of the list,” he says.
“Belconnen is close to everything and well-connected by arterial roads.”
Koutsikamanis cites educational institutions, Calvary Hospital and employment workplaces among key drawcards.
“The developments are also big attractions in themselves and represent really good value,” he says.
Koutsikamanis says increasing resident numbers have drawn in cafes, restaurants, bars and gyms to serve them.
“These are further fuelling the growth of a vibrant town centre,” he says.
Will Honey, of The Property Collective, says the town centre is popular with first-home buyers, downsizers and investors.
“Owner-occupiers are responding to location, amenity and lifestyle while investors are persuaded by low vacancy rates and solid rental yields,” he says.
“Belconnen is now benefiting from a joining of the dots – low interest rates, relatively affordable dwelling choices, a walkable neighbourhood, and proximity to everything.”
Honey says the town centre revival, however, is still in its early days with much more to come.
“There are more developments in the pipeline and potential for further urban renewal.”
- Location. The Belconnen Town Centre is blessed with a great location. It has easy access to the undoubted amenity of Lake Ginninderra, which is currently getting an upgrade bringing with it a top-up of beach sand and landscaping improvements, and it’s convenient to a wide range of educational options.
- Choice. There’s a wide range of dwelling choice within high-rise developments around the town centre. First-home buyers, professional couples and downsizers are now calling Belconnen home – and more will join them.
- Buzz. Fresh energy from new residents has drawn in a range of businesses to service their needs: cafes, restaurants, bars, gyms, supermarkets and more are contributing to a new Belco buzz.
Check out our top pick of apartments in Belconnen:
There’s nothing like feeling on top of the world and one sure fire way of getting there is to live in a penthouse.
This two-level beauty within the popular Linq Apartments is bound to appeal with some 111 square metres of living. There’s also a generous 32-square-metre outdoor terrace, just the spot to take in the bustling Belconnen views.
The sense of space in the downstairs, north-facing living area is accentuated by massive floor-to-ceiling double glazed windows, drenching the space in natural light for most of the day.
The kitchen presents in sharp minimalist lines and bristles with Bosch appliances including a multi-function oven, cooktop, dishwasher and rangehood.
Upstairs, is accessed via a “floating” timber staircase. There are two generously proportioned bedrooms, the main with an ensuite and private balcony. The second bedroom also has a balcony and access to the bathroom. There’s also a study space.
Residents enjoy a range of communal amenities including a private garden/park area, outdoor entertaining and barbecue, a pool and gym.
There’s basement parking for two vehicles and storage including room for bicycles.
Linq is in the heart of the Belconnen Town Centre, only moments to the thriving Westfield shopping precinct and popular recreation areas of Lake Ginninderra.
It’s also close to the University of Canberra, Radford College, Canberra Institute of Technology, Ginninderra College, Canberra High School and Calvary Hospital.
Price guide: $729,000 +
Agent: Bastion Property Group, Theo Koutsikamanis 0431 543 649
Or try these:
Price guide: $792,900
Agent: Geocon, Adam Morgan 0487 888 666
Price guide: $750,000
Agent: Agent Team Canberra, Steve Lowe 0414 720 532
Price guide: $749,000 +
Agent: The Property Collective, Nathan Page 0499 054 888