A rare offering in Ainslie sets a record price

Karyn Starmer 15 November 2021
Facade of 25 Corroboree Park Ainslie

25 Corroboree Park set the record for Ainslie on Saturday 13 November, selling for $2,775,000. Photo: LJ Hooker Dickson.

A rare opportunity to purchase a stunning home in Ainslie’s heritage-listed Corroboree Park precinct has set a record price for the suburb.

The five-bedroom, two-bathroom home at 25 Corroboree Park set on a 1138 square metre block fetched $2,775,000 at auction on Saturday (13 November). The previous record for Ainslie was $2,450,000 set in July 2020.

LJ Hooker Dickson selling agent Stephen Bunday said he anticipated a record price for such a rare, quality offering, but the final price was higher than early expectations.

“The property is directly across the street from Corroboree Park, with views of Mt Ainslie that will never be built out as the park is heritage listed,” Stephen said.

The Corroboree Park Urban Conservation area is set in a striking layout of crescents focused on Corroboree Park, a focal point of community gatherings and often referred to as the heart of Ainslie.

The precinct’s timber houses were constructed from 1925 to 1929 and are well-regarded examples of Federal Capital architecture, while the design exemplifies the ‘garden city’ concepts of planning in Canberra.

A sensitive renovation and extension of the original 1926 weatherboard worker’s cottage meant the home retained its old-world charm with high ceilings, picture rails, timber sash windows and even the old Bakelite light switches. The modern extension added both the new hub of the family home with open plan family and dining adjoining a spacious kitchen, as well as a children’s bedroom wing.

These rooms are filled with sunlight year-round and the polished concrete floors are a welcome heat bank in winter. The outdoor entertaining area flows naturally from the family and dining area, ensuring that those who love to entertain during the warmer months can take full advantage of the northerly aspect.

Stephen said the opportunity to secure a slice of Canberra’s history seldom comes around.

“Only five houses have sold on this street in my 25 years of real estate in this area. These houses are very tightly held.”

“We had a strong early offer, but the owners were committed to the auction process. In the end, there were two serious buyers trading bids while half of Ainslie was on site to watch,” Stephen said.

The property was purchased by a Canberra couple with children and grandchildren in the area.

Stephen said the vibrant, established gardens flowering year-round, featuring red brick paths to the many fruit trees, herbs, vegetable garden, chicken coop and potting shed were drawcards for the purchasers.

“The garden is a labour of love for the owners; the purchasers are keen gardeners to so it has definitely passed to safe hands,” Stephen said.


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