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Location

Market Insights for City ACT 2601

New Listings (last 30 days)

Average price

$594,160

Lowest price

$419,000

Highest price

$750,000

63/20 Allara Street, City ACT 2601

$795,000 - $825,000

Search Band

$750k - $800k High Confidence Calculated based on strong search observations.

Apartment 2 beds 2 baths 2 cars

Listed: 16th Jul 2026

Overview

Set within the prestigious Park Avenue complex on Allara Street, this architecturally designed apartment epitomises refined urban living. Offering 92 square metres of carefully planned internal space complemented by a 9-square-metre balcony, it extends a luxurious and spacious environment enhanced by breathtaking park views.

The residence's thoughtful design includes a modern open-plan kitchen adorned with quality Franke appliances, stone benchtops, and elegant marble splashbacks, blending style with functionality. Full-height tiling in the bathrooms and high-end fixtures affirm the meticulous attention to detail throughout.

Additional features such as a European laundry, ample storage solutions, and ducted reverse cycle air conditioning further enhance everyday convenience. The floor-to-ceiling double-glazed windows flood living areas with natural light while ensuring comfort and energy efficiency.

Park Avenue balances sophisticated residential amenities with leisure facilities, including a state-of-the-art gymnasium and inviting communal gardens equipped with barbecue areas. These spaces foster a vibrant community atmosphere and offer ample opportunities for relaxation and socialisation.

Located just moments from expansive parklands, Lake Burley Griffin, and Canberra Centre, the apartment offers unmatched proximity to premier shopping, dining, and entertainment. Its accessibility to the ANU, CBD, City Bus Interchange, and Light Rail makes it an ideal choice for professionals or anyone seeking a dynamic yet refined city lifestyle.

Local Market Insights

In City, Quiet Listings observed 5 new apartments entering the market over the last 30 days, down from 6 during the previous 30-day period, with an average advertised asking price of $594,160. The property type mix of listed properties is predominantly Apartments at 63%, followed by units (13%), and houses (13%). The most active agency for apartments in the City area is currently Ray White, representing 60% of new listings, followed by Oliver Myers Properties with 40%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.