What can multimillionaires buy in Canberra?

When you think of multimillion-dollar homes in Australia, Canberra might not spring to mind straight away.

You might think of Sydney’s northern beaches or perhaps the grand mansions of the Southern Highlands.

While Canberra’s inner suburbs aren’t on many people’s radars, sitting behind the hedges and along tree-lined streets are many multimillion-dollar homes.

There’s the golden mile of Mugga Way, the close-to-$3 million median suburb of Forrest and the penthouses of Kingston foreshore.

If you are one of those lucky few, here’s a selection of multimillion-dollar homes currently on the market. For those of us who cannot afford such opulence, here’s a chance to indulge our daydreams.

To paraphrase the wise words of ABBA, money must be funny in a rich man’s world. And, well, for those who can afford the following multimillion-dollar homes in Canberra, they must be laughing all the way to the bank.

Forrest

3 Melbourne Avenue

Price: $2 million +

4 bed, 2 bath, 3 parking

Melbourne Avenue is a premium Forrest address and this four-bedroom home is worthy of the street. The home’s contemporary design exemplifies space and light with soaring ceilings and floor-to-ceiling windows. The home also has approval for a swimming pool to further its luxuriousness.

Agent: LJ Hooker Gungahlin, Madeleine Sanfrancesco 0433 150 312, Shan Gao 0457 038 888

Ainslie 

12 Baker Gardens

Auction: Noon, September 22

Price guide: $2 million

4 bed, 2 bath, 4 parking

Energy efficient and stylish, this Ainslie home – constructed in 2015 – is a masterpiece. The home is on the doorstep of Mount Ainslie, and the design takes advantage of this location with a seamless connection between the indoor living areas and outdoors. The home will be auctioned this weekend, so get in quick. 

Agent: Luton Properties Canberra City, James Carter 0413 974 912

Griffith 

82 Jansz Crescent

Price: $2.295 million

5 bed, 2 bath, 2 parking

This million-dollar street is home to grand abodes and the house at No.82 is no exception. Its grandeur is evident throughout the 370 square metres of living space with high raked ceilings, floor-to-ceiling glasswork and an internal atrium. There are multiple living areas and a magnificent master suite.

Agent: Hayman Partners, Rowan Glanville 0431 145 951

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• Related: How Canberra house prices have changed since 2000

Yarralumla 

22 Denman Street 

By negotiation

Price guide: $3 million +

6 bed, 3 bath, 2 parking

This Yarralumla home is ideal for the family who likes to entertain. With more than 405 square metres of living space, the home is well designed with a continuous flow of sun through the winter. Each of the six bedrooms comfortably fit a queen-sized bed and there are four generous entertaining areas.

Agent: Peter Blackshaw Manuka, Mario Sanfrancesco 0412 488 027

Red Hill 

133 Mugga Way

Price: $3.1 million

5 bed, 3 bath, 3 parking

This architecturally designed home has a prime position on Canberra’s golden mile – it’s adjacent to the Red Hill Nature Reserve and close to walking and cycling tracks. The home has undergone recent renovations but retains much of its 1970s character. 

Agent: Belle Property Kingston, Leanne Palmer 0400 545 343, Louise Harget 0412 997 894

Forrest 

35 Tasmania Circle

Price: $4.995 million

5 bed, 4 bath, 4 parking

With three levels of living, a tennis court, pool and manicured gardens, one could be forgiven for thinking they were at a remote luxury resort and not in the centre of Canberra. This Forrest home sits on a 2108-square-metre block on the highest point of Tasmania Circle. It’s currently tenanted to an embassy, so it also makes for a great investment.

Agent: Luton Properties Manuka, Richard Luton 0418 697 844, Sophie Luton 0410 750 413

Yarralumla

16 Hill Corner

By negotiation

Price guide: $5 million +

6 bed, 6 bath, 4 parking

Arguably one of Canberra’s finest homes, this Yarralumla home pushes the boundaries of modern, stylish living and is truly what dreams are made of. The facade is hidden by crawling ivy and soaring greenery, enabling a great sense of privacy. Features include an indoor swimming pool, pool house, tennis court, theatre room, and butler’s pantry. It’s a truly amazing home.

Agent: Peter Blackshaw Manuka, Mario Sanfrancesco 0412 488 027