What $1 million can buy you across Canberra

When it comes to property, depending on the area, $1 million can buy you very different houses.

While you can grab a half-hectare block for less than $1 million in Queanbeyan, in the Inner South it will cost more to buy a duplex. Likewise, a five-bedroom home in Belconnen is roughly the same price as a three-bedroom home in the Inner North.

If you are looking to buy and can afford $1 million or you are just curious, here’s what $1 million will buy you right now in each Canberra district.

Belconnen

Florey 

13 Priestley Place 

$940,000 +

In Florey, in inner Belconnen, is this five-bedroom home on a quarter-acre block that’s listed for just under $1 million. There are multiple living areas in the home plus a covered outdoor entertaining area. It’s set at the end of a cul-de-sac.

Queanbeyan  

Greenleigh 

69 Severne Street 

$900,000-$930,000

Within the ACT boundaries, you would be hard pressed to find a half-hectare block for less than $1 million but if you cross the border you’ll find just that in the Queanbeyan suburb of Greenleigh. This five-bedroom home with 450 square metres of living space will fit the whole family plus more. The property is located close to town yet the big block gives the illusion of a rural setting.

Gungahlin

3 Jimmy Little Street 

$950,000 +

Built in 2017, this Moncrieff home has a flexible floor plan which can allow for up to six bedrooms. On the first level, there is a garage and a fully equipped rumpus room, while the top level features a large kitchen and family and dining room along with the bedrooms.

Inner North

Ainslie 

156 Majura Avenue 

$925,000 +

The closer to the city centre, the higher the price and the more modest the home, but keep in mind the old adage of “Location, location, location!” That’s exactly what you’ll get at this three-bedroom Ainslie home. Situated on Majura Avenue, this quaint property has recently undergone renovations to give it a modern touch.

Inner South 

Narrabundah

2/20 Narambi Street 

$995,000

Narrabundah is one of the only suburbs in the Inner South to have a median under $1 million, and this brand new duplex is listed for a price just under the million-dollar mark. It’s across the road from Narrabundah shops.

Tuggeranong

Bonython 

12 Andrea Place

$1 million +

With a price guide of $1 million-plus, you may need to shell out a bit extra for this house. The four-bedroom Bonython home sits on a 1249-square-metre block and there is a brand new studio flat in the backyard.

Weston Creek 

Waramanga

1 Manu Place 

$979,000 +

For less than $1 million you can essentially grab two for the price of one. There are two dwellings on this Waramanga block. An added bonus is the back home has been used as an Airbnb and has made close to $4000 per month. 

Woden Valley 

Mawson (also pictured as feature image) 

15/36 Shackleton Circuit 

$955,000

This four-bedroom Mawson townhouse was designed by iconic architect Gary Willemsen. It is located in the Shackleton Park complex and has a split-level design, with high ceilings and windows to take full advantage of the northerly aspect.