Same luxury home sets ACT record twice, almost three decades apart
The same Red Hill home set the ACT record twice: in 1996 for $1.75 million, and again on October 19.
The house at 4 Vancouver Street held the territory's highest sale price for nearly 30 years after one family bought it in May 1996. The property sold on October 19 for a price that remains undisclosed, but agents confirmed it was a substantial increase on the previous record of $9 million, set in October 2022 in Deakin.
The home features seven bedrooms, five bathrooms, a pool, tennis court and a separate tennis house. Red Hill homes typically sell for more than $2 million on average.
Agents noted that large, quiet streets with spacious blocks are rare in the area.
- $1.75 million
- First record price
- $9 million (Deakin, October 2022)
- Previous record holder
- Just more than $2 million
- Red Hill average price
- 9,195 square metres
- Land size
Why it mattersThe sale signals that the luxury property market remains strong despite recent house price falls elsewhere, and shows what premium Canberra real estate can command.
AustraliaCanberra's luxury property market continues to reach new heights, reflecting strong demand for exclusive homes in the nation's capital.
✓ Claims checked against the source. checked 3 h ago
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