My news feed has been filled with a lot of activity surrounding the capital of politics from the Parliament’s version of State of Origin to the ACT budget and on top of that, the RBA lifted the cash rate by 50 basis points to 1.85 per cent.
In property, it seems the market has softened in recent weeks but the latest Domain House Price Report revealed Canberra’s median house price climbed by 1.8 per cent in the three months to June to $1,154,535.
In the auction market, Canberra’s monthly clearance rate softened to 55 per cent in July as auction volumes increased in the capital. The changing property market continues to keep us on our toes and moulds Australia’s continuous love affair with property.
Despite the many moving parts in property, Canberra’s real estate market will cut through the political noise and trek on as usual and our top picks this week are some of the best homes available — not for long, no doubt.
Buying a builder’s own home is to know that no stone was left unturned, and that’s exactly what the next owners will get at 20 Laffan Street.
The five-bedroom house enjoys high-end inclusions throughout, including top-of-the-line kitchen appliances, a butler’s pantry with stone benchtops, an electric fireplace in the living room, double-glazed windows throughout and a solar system with 24 panels.
The open living area can easily be divided into two with the addition of a sliding door, which the current owner and builder will be happy to accommodate.
Outside one can entertain effortlessly thanks to the covered al fresco area, built-in barbecue with a sink and low-maintenance, landscaped gardens.
A spa or pool could also be installed by removing part of the deck. It doesn’t get any more customised than this.
Price guide: Circa $1.5 million
Auction: 5pm, August 23
Agent: Independent Our Team, Jason El-Khoury 0431 228 046
Floor-to-ceiling windows, an abundance of light, a fireplace in the living room and multiple living spaces are only some of the features at this address.
The master bedroom enjoys its own en suite and walk-in robe, with the remaining bedrooms all spacious in size. One bedroom also boasts its own skylight.
The covered al fresco area looks out onto a clean, crisp backyard with mature gardens providing easy maintenance all-year round.
Located in a sought-after Belconnen suburb, 77 Barada Crescent is one to look out for.
Price guide: $1.85 million +
Private sale
Agent: Carter and Co Agents, Nik Bozinic 0400 280 728
Located at the end of a quiet cul-de-sac and backing onto reserve, this home promises privacy with nature as its backdrop.
The bedrooms and living spaces are spacious, with the kitchen flowing seamlessly out to the deck with views over Jerrabomberra.
This home promises comfort in any season thanks to its natural gas heating, evaporative cooling and low-maintenance fully irrigated gardens.
Other features include plenty of car parking options either in the triple-car garage or off-street parking, an alarm system and under-house storage.
Price guide: Circa $1.5 million
Auction: 1pm, August 20
Agent: Ian McNamee & Partners Queanbeyan/Jerrabomberra/Canberra, Lucy McGregor 0433 310 366