December 2020: New apartments you can buy in Canberra for under $430,000
Given the lower entry-level price points, buyers can secure a two-bedroom residence in Canberra at even cheaper prices than one-bedroom apartments in Sydney or Melbourne.
If you're a first home buyer or a smart investor, here are four residences you can secure a one-bedroom apartment for less than $430,000 in Australia's capital.
One-bedroom apartments from $363,900
Address: Cameron Avenue, Belconnen ACT 2617
Nightfall is no exception to Canberra’s affordable entry prices for apartments, offering one-bedroom, one-bathroom apartments from $363,900. The luxury apartments offer views of the Lake Ginninderra waterfront and is a change of scenery from Canberra’s busy CBD.
Designed by Fender Katsalidis, Nightfall offers a private barbeque area, a fully-euipped commercial kitchen and an outdoor terrace for entertaining. The project is the third and final stage of Geocon’s Republic precinct in the Belconnen district.
The project offers two-bedroom, two-bathroom homes from $501,900.
2. The Establishment, Gungahlin
One-bedroom apartments from $313,900
Address: Corner Gundaroo Drive and Gozzard Street, Gungahlin ACT 2912
Inspired by Chicago’s industrial warehouse scene, The Establishment offers one, two, three-bedroom and loft apartments “designed for luxury and forged in style,” the marketing reads. Homes begin at just $313,000 for a one-bedroom, one-bathroom apartment in the complex.
The residence offers private amenities, including a rooftop infinity-edge lap pool with outdoor spa and an exclusive outdoor strength and agility gym. It is located just five minutes from Yerrabi Pond and numerous parklands and walking tracks.
The project offers two-bedroom, one-bathroom apartments from $452,900.
One-bedroom apartments from $420,900
Address: 26 Cooyong Street, Reid ACT 2612
Located in Reid, Metropol features a selection of one, two and three-bedroom apartments and offers one-bedroom, one-bathroom apartments from $420,900. Just one minute walk from the CBD, Reid connects you to the epicentre of Canberra.
Metropol’s numerous private resident amenities offer great value for money, with an infinity edge pool, views across Glebe Park, high-tech entertainment facilities and a private penthouse that can be reserved by residents.
Two-bedroom, two-bathroom residences begin at $569,900 at Metropol.
One-bedroom apartments from $429,900
Address: 92 Northbourne Avenue, Braddon ACT 2612
Whilst a bit more expensive than the other homes on this list, Midnight is located in the heart of the vibrant suburb of Braddon and within walking distance of the Canberra CBD.
Midnight offers spacious and well-designed apartments with hotel-quality amenities and exclusive facilities.
This rare opportunity comes to first home buyers at an entry price of just $429,000. Offering amenities such as a 25-metre lap pool, waterfall features and shared facilities with the 199-room Midnight Hotel.
Two-bedroom, two-bathroom apartments within the project start from $624,900.