Monday, 25 May, 2020

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Buyers are back in Ainslie as cute stone home hits the market

There is a bluestone feature-wall at the front of the home and large stone boulders throughout the garden.

Buyers are back in Ainslie according to one agent who says that despite last weekend’s chilly

weather, 34 groups saw a home in Sherbrooke St that he tips will result in a hot auction. 

The three-bedroom home which has been recently renovated is a “nice entry level”

property, particularly for younger buyers looking for a home in the popular suburb.

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“On Saturday we had 34 groups through which is a pretty good sign of where the market is

going. There hasn’t been much new quality stock in Ainslie for a while, there’s been just a

few fairly rundown properties that have gone to market over the last few months.

“So I think there’s some pent up demand,” says agent Stephen Bunday from LJ Hooker in Dickson.

Bunday says there’s demand for good quality homes that don’t need renovation work in

Ainslie and last weekend, despite the mercury not reaching above seven degrees until

midday, buyers were out in force.

“The election’s out of the way, the banks are easing up on things again, interest rates are

low and look like remaining low — so the buyers seem to be back in force, which is nice,” says Bunday.

With spring just around the corner, many buyers are looking to get in early this year and confidence has definitely returned for both buyers and sellers.

“People are ready to hit the market and a lot of them are thinking early spring to beat the rush, but I think there’s going to be an early spring rush anyway,” he says.

The leafy suburb of Ainslie is less than 4kms from Canberra’s CBD and has a median house price of just over $1 million due to its heritage-style homes, picturesque streets as well as its green open spaces and parks.

The house itself has a charming stone feature wall out front made from bluestone that the previous owner had trucked in from a farm along with large stone boulders that are dotted throughout the garden.

The house has three large bedrooms.

The brick home which sits in a cul-de-sac, has a renovated kitchen and bathroom as well as timber floorboards.

The main living area is open-plan and flooded with natural light via large windows and the French doors that lead out to the rear entertaining deck.

The open-plan kitchen and living area leads out to the deck.

“It’s nice and light and bright. It’s got a great feeling to the open plan living area,” Bunday


The property sits on a 762sqm block and has a carport.

The auction will take place at noon on August 24 and Bunday says he’s been getting

feedback from potential buyers in the $800,000 — $850,000 range.

“It’s one of the nicer entry-level properties that’s come on the market in a while,” says


This would make it an affordable buy in a prestige suburb where properties typically attract 475 visits on compared to the ACT average of 284 visits per property.