Buying your first home can be a big financial step, and it can also take a while to get there, with the Domain First-Home Buyer Report 2023 revealing it now takes six years to save a deposit for an entry-priced house in the ACT.
Canberra’s current price for an entry-level house sits at $780,000, and luckily for first-home buyers, there are plenty of great options currently on the market below that price.
Here are 10 of the most affordable houses in Canberra right now:
Recently built and in a prime location, 40/1 Calaby Street is north-facing and filled with natural light. The generously sized courtyard provides a space for entertaining and the premium finishes give a feeling of luxury.
Price: $459,000+
Agent: Luton Properties Weston Creek and Molonglo Valley, Josh Wilson 0439 479 170
Set in Canberra’s prestigious Inner South, this two-storey townhouse contains offerings that many similar properties don’t – think two living areas, a separate laundry and a deck, to name a few.
Price: Offers over $450,000
Agent: Luton Properties Manuka, Kate Yates 0417 676 169
Keep comfortable all year round in this contemporary townhouse, which comes equipped with ducted air-conditioning and features an energy-efficiency rating of 6. The open-plan kitchen, dining and living areas create the illusion of infinite space.
Price: $619,000+
Agent: Illustrated Properties, Frank Rasouli 0413 301 721
Storage won’t be an issue in this two-bedroom, two-bathroom Lawson townhouse. With storage filling the cleverly designed kitchen, plus built-in wardrobes in the bedrooms, there’s space for everything you might want to bring.
Price: $615,000+
Agent: New Door Properties, Shray Khanna 0499 225 501
This freshly painted, three-bedroom townhouse is located in one of Belconnen’s most in-demand suburbs. It sits in a complex full of amenities including a pool, a tennis court, a gym and even a playground for the littlies.
Price: $599,000+
Agent: Independent Woden, Mark Wolens 0418 632 711
In the bustling hub of Casey, 31A Annie Douglas Street is a townhouse not to be missed. Modern, stylish, and low-maintenance, it features a lock-up garage and a modern bathroom with a separate toilet.
Price: $560,000+
Agent: Luton Properties Tuggeranong, Melissa Von Der Burg 0488 123 530
You’ll feel safe at home thanks to the security features at 71 Alan Watt Crescent. The home boasts a Swann security system that allows visuals of the front door from inside the home. Or you can keep an eye on the entire suburb and over Black Mountain from the second-storey balcony.
Price: $500,000+
Agent: Blackshaw Belconnen, Jack Doyle 0431 994 107
Tucked away in a private complex, this cosy townhouse has a clever floor plan that uses large windows to bring natural light into the home. Outside, a tidy courtyard is built around a large centrepiece tree.
Price: $650,000
Agent: Badenoch Real Estate, Symon Badenoch 0412 898 690
The stand-out feature of this three-bedroom, separately titled home has got to be the huge main bedroom that features a balcony, a built-in wardrobe, an en suite and even a reading nook. Pair that with the modern kitchen and formal living room and you have the ideal entry-level house.
Price: $649,000+
Agent: Stone Gungahlin, Jess Smith 0410 125 475
It’ll be easy living in this three-bedroom Dunlop house that has a low-care courtyard alongside an attached garage and space-saver laundry. Close to nature and featuring a clever floor plan, it’s a smart purchase on Canberra’s north side.
Price: $660,000+