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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

2 Stephen Street, Ainslie ACT 2602

$1,399,000+

Listed: 13 days ago
Updated: 5 hours ago
Overview

This classic red-brick cottage is situated on a substantial 1,038sqm block in the sought-after suburb of Ainslie, offering a unique blend of historic charm and considerable development potential. The property invites those looking to secure a heritage-rich home with scope for future growth, particularly due to its RZ1 zoning which may accommodate up to two dwellings pending approvals.

The home exudes a warm, inviting atmosphere, enhanced by original timber architectural details that speak to its longstanding presence in the local landscape. Its design centers around a comfortable lounge, complemented by three bright, leafy bedrooms, making it well suited to families or those valuing a peaceful, light-filled living environment.

  • The practical kitchen and dining area open out to the expansive backyard, fostering an excellent indoor-outdoor flow that is ideal for casual entertaining, gardening, or play.
  • A converted garage studio with a secondary bathroom offers flexibility — suitable as a guest retreat, home office, or potential rental space.
  • The undercover carport provides convenient sheltered parking, rounding out the functional outdoor amenities.
  • Additional comforts include reverse cycle heating and cooling for year-round climate control, as well as a large water tank supporting household efficiency.

The property's generous lot size unlocks possibilities for extension or the addition of a granny flat, catering to a variety of future lifestyle aspirations or investment aims. Meanwhile, those not inclined towards development will appreciate the ample outdoor space for recreation and gardening.

Location benefits abound with proximity to essential local amenities including Ainslie shops, reputable primary schools and the vibrant café and cultural offerings of Braddon and Canberra City. For nature lovers and active residents, nearby Mount Ainslie nature reserve and walking trails provide ready access to outdoor pursuits.

Measurements reflect approximately 80sqm of living area, plus a 17sqm garage and a 23.6sqm carport, all set on a generously sized block that provides ample scope for both comfortable living and future expansion.

Local Market Insights

In Ainslie, Quiet Listings observed 18 new houses entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $1,230,775. The property type mix of listed properties is predominantly Houses at 57%, followed by apartments (17%), and units (11%). The most active agency for houses in the Ainslie area is currently LJ Hooker, representing 28% of new listings, followed by Belle Property with 17%. 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.

Location
Market Insights for Ainslie ACT 2602
New Listings (last 30 days)
18
Average price
$1,230,775
Lowest price
$355,000
Highest price
$2,200,000
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