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Location

Market Insights for Griffith ACT 2603

New Listings (last 30 days)

Average price

$1,110,800

Lowest price

$600,000

Highest price

$1,680,000

5/115 Canberra Avenue, Griffith ACT 2603

$$549,900+

Search Band

$550k - $605k High Confidence Calculated based on strong search observations.

Apartment 2 beds 2 baths 2 cars

Listed: 52 days ago

Overview

This ground floor apartment in Griffith offers a smart and low-maintenance lifestyle within one of Canberra’s highly regarded inner-south locations. With a thoughtfully planned internal space of 71 square meters, the residence efficiently combines comfortable living with convenience, making it suitable for first home buyers, downsizers, or investors seeking stable rental returns.

The apartment's open-plan design fosters a relaxed atmosphere for everyday living, highlighted by easy access from the ground floor, an uncommon asset that enhances accessibility and practicality compared to upper-level units. The two spacious bedrooms provide comfortable accommodation; notably, the master bedroom includes a private ensuite, while a second full bathroom supports guests or shared arrangements.

The kitchen serves as a functional hub, featuring ample bench and storage space to accommodate daily cooking needs, reflecting an uncluttered yet practical design ethos. The secure basement parking for two vehicles offers added security and convenience, addressing a key consideration for urban living in this sought-after district.

Built in 2012 and carrying an energy efficiency rating of 6, the apartment benefits from an established and well-maintained building community. Its prime location places residents within walking proximity to Kingston Foreshore, Manuka Village, and local café strips, presenting diverse options for dining, shopping, and recreation that embody the lifestyle appeal of the inner south.

Effortless ground floor accessibility
Comfortable 2 bedroom, 2 bathroom layout including ensuite
Open-plan living promoting easy entertaining and relaxation
Functional kitchen with generous storage
Secure basement parking with two spaces
Close to vibrant lifestyle precincts and transport options
Modern building constructed in 2012 with a solid energy rating

Overall, this apartment offers a balanced combination of location, functionality, and comfort that should attract a diverse range of buyers, including professionals who appreciate convenience, smaller families, or investors targeting a strong rental market in a prime Canberra suburb.

Local Market Insights

In Griffith, Quiet Listings observed 5 new apartments entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $1,110,800. The property type mix of listed properties is predominantly Houses at 40%, followed by apartments (33%), and townhouses (13%). The most active agency for apartments in the Griffith area is currently Ray White, representing 40% of new listings, followed by independent with 20%. 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.