The property market has throughout history weathered economic storms and the effect of coronavirus on it will be no different. Canberra in particular, our cool little capital and public sector city, has felt somewhat immune in recent weeks thanks to the factors that make us unique – having the nation’s lowest unemployment rate and a high proportion of government workers.
House prices have produced steady growth over the past seven years with a new report recording a 4.4 per cent rise in the median price to $779,050, and our rental market has yet again trumped Sydney’s house rental price at $580 per week.
People are longing to live in the nation’s capital, whether it’s for work or play, and experts are saying the market will remain steady and be somewhat cushioned from the economic shock experienced in other capital cities.
This week, we continue to bring to you the best properties to peruse on the market.
The epitome of timeless family living nestled in a private garden estate, this residence is graced in effortless beauty and elegance.
Completely secluded from the street, it sits on an astonishing 3823 square metres of “old Red Hill” land and presents a rare opportunity to live in Canberra’s dress circle location.
Inside, there are generous living spaces highlighted by elegant interiors and high ceilings.
The garden offers great privacy with mature hedges and established plantings – a wonderful setting for family relaxation or large-scale entertaining.
Added bonuses are the 10-metre in-ground heated swimming pool and a completely self-contained one-bedroom apartment.
Price guide: $5 million +
Expressions of interest: close May 20
Agents: LJ Hooker Manuka, Stephen Thompson 0418 626 254 & Berkely Residential, Bill Lyristakis 0418 626 593
This corner as-new apartment in the centrally located Highgate development is north-facing and comes fully furnished, making it the perfect home for professional newcomers to the capital.
With expansive views over Canberra Centre, this apartment offers privacy in a convenient location.
The bustling city is at your doorstep and it’s only a five-minute walk to the bus interchange and light rail station.
The full-size kitchen features a wide benchtop and quality kitchen appliances, making home-cooked meals a breeze.
The floor-to-ceiling double glazed windows throughout the home allow a flood of natural light and fresh air into the cleverly designed apartment.
Price guide: $679,000 +
Agent: Whitcombe Property, Rita Feng 0432 109 538
This is an exceptional architect-designed home oozing old-world cottage charm combined with a sympathetic extension and modern interiors.
The home was lovingly transformed and now features a spacious and modern kitchen area with island bench and walk-in pantry. This space is sure to be the heart of the home.
The open-plan living area also has a fun hint of the original brick and views to the leafy central courtyard.
The home wraps around a central courtyard area which seamlessly integrates the outdoors with the indoors. It’s a private sanctuary and offers enough space for a barbecue with families and friends.
The home is set on a generous 1017-square-metre block overlooking Hoddle Gardens and only a short stroll to the Ainslie Shops.
Price guide: $1.6 million +
Expressions of interest: close May 5
Agent: Wright Dunn Real Estate, Peter Andrighetto 0418 623 352
At 90 Hutchinson Place in Burra, space comes in abundance. What captures your attention from the outset (apart from the rolling green hills), is the idyllic American-style barn and beautifully fenced paddocks, housing horses.
It conjures up dreams of a carefree weekend in the outdoors with your number one companion.
The home itself makes a feature of its American colonial heritage. Double front doors lead you into an inviting space that you just know is going to offer the country lifestyle you’ve been dreaming of.
The adjacent games room currently houses a pool table, but in a past life also acted as a congenial bar complete with a grand piano.
Price guide: $1.55 million-$1.65 million
Agent: Hodgkinson Real Estate, Melinda McCallum 0429 122 700
This Murrumbateman residence is something different – a rammed earth and straw bale home sitting on nearly 6500 square metres.
The contemporary-styled dwelling infuses a country accent through its polished concrete floors, 40-centimetre thick walls and timber panelled ceilings.
The spacious open-plan living area includes a fully-equipped kitchen with reclaimed and custom-milled jarrah benchtops, walk-in pantry and brand name appliances.
There’s also a meals area and a laid-back living space with twin double doors opening onto a covered deck.
The home could easily be extended through conversion of the garage and carport into an additional space that would deliver two further bedrooms and a breakout space.
Price guide: $750,000
Agent: Elders Murrumbateman, John Lennie 0407 417 783