The Precinct – Red Hill – Creating a New History for Canberra

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At the intersection of past and future

The Precinct Red Hill is a luxury Englobo development opportunity in the heart of Canberra’s Inner South. Nestled in one of Canberra’s most sophisticated neighbourhoods, Red Hill, and inspired by the city’s streetscapes and lush greenery, the Precinct represents an ambitious vision to usher in a new era of living. The site’s village concept builds on the already established heritage of our nation’s capital in writing the next chapter of Canberra’s thriving story.

By blending a new community with a prestigious legacy, The Precinct Red Hill will flourish with unparalleled experiences and high levels of amenity close to a boutique village neighbourhood designed to fit perfectly within its location.

Artist's impression approved Estate Development Plan

Artist's impression

The Opportunity

The heavy lifting has already been done. All that’s needed is a unique developer vision and strong desire to create Canberra’s latest legacy.

The Precinct Red Hill is a 53,002m² development opportunity representing one of the ACT’s largest properties offered to market. An approved, intelligent and community-informed Estate Development Plan (EDP) provides advantages offered exclusively to this Precinct.

The ACT Government and Red Hill community collaborated to create the Red Hill project vision. Extensive community consultation has been undertaken with residents, ensuring community advocacy for the site’s future in recognising and responding to their feedback.

The approved EDP for The Precinct acknowledges and promotes freedom in architectural style and building design, bringing the potential to develop a unique combination of dwelling types, open space and low-scale commercial to one of the capital’s most prosperous suburbs.

Prescribed parkland and fresh open spaces align with Walter Burley Griffin’s Garden suburb vision and heritage of the region while capitalising on the Red Hill’s natural splendour to create a prime precinct.

Site Area:

53,002 m²

Zoned:

RZ5 and PRZ1

Dwellings:

Maximum 252

26 Single detached
82 Single Residential Terrace Style Housing
83-144 Multi-Unit

Artist’s impression incorporating examples of dwelling build form the approved EDP.

Artist’s impression incorporating examples of parkland within the approved EDP.

Artist’s impression incorporating examples of parkland within the approved EDP.

A significant city

Canberra offers the ultimate juxtaposition between progressive heritage, modern history and sustainable urban growth. A happy medium, the home of the nation’s government balances defining decision-making with easy-going living, while offering an ideal location between the country’s centres of Sydney and Melbourne.

A growing city

As the country’s most populous inland city, Australia’s vibrant capital is growing. Canberra’s consistent ranking as one of the world’s most liveable cities has attracted immense growth in both population and tourism and will continue to flourish in coming decades.

A prosperous city

Canberra is one of the strongest and most secure economies in Australia, boasting the second highest economic growth in the nation, well-educated workforces, low unemployment and higher incomes than the national average.

An improved city

A $480 million upgrade to the Canberra Airport will see increased connectivity to international hubs,and construction of the stage 1 light rail infrastructure program will improve productivity, broaden transport choices and spark the redevelopment of suburbs.

A culturally rich city

Home to world-class national cultural attractions and recognised as a key academic centre with major universities and internationally renowned scientific research organisations, Canberra is evolving to become the best Australia has to offer.

Find out more about Investment Opportunities in Canberra

Canberra

409,141

Residents as of 31 March 2017. ****

575,000

Predicted resident base in 2041, propped up by an average annual growth rate of 1.5%. *

41%

Growth in international visitor numbers in the last 10 years. **

$92,000pa

Per capita income, more than $22,000 higher than the national average. *

15% higher

ACT’s full-time adult average weekly ordinary time earnings compared to the national average. *

Top 3

Lonely Planet lists Canberra as the third best city to travel to in the world in 2018 ***

* Source: Australian Bureau of Statistics
Source: Tourism Research Australia
* Source: Lonely Planet
**** Source: Australian National University

A sophisticated suburb

Canberra’s Inner South region places Red Hill at the helm of the city’s most premier locations.

The suburb sits in the foothills of Red Hill, providing a warm scene full of lush streetscapes, pristine wide roads, leafy oaks, winding trails, and panoramic views across the lake and city.

Red Hill

41%

Residents 35-64 years of age.*

31%

Population comprised of couples with children.*

$3,000

Gross weekly income earned by 48% of residents.*

$147,784

Combined Red Hill household incomes on average compared to a nationwide combined income of $74,776.*

36.5%

Percentage of homes owned outright, in addition to 28.7% of homes mortgaged.*

* Source: Australian Bureau of Statistics.

Contact

Tenders have now closed for the sale of The Precinct Red Hill and a formal tender assessment process is underway. An outcome to this process is expected in the coming months and further information will be made available.

Disclaimers — The Suburban Land Agency and its appointed selling agents make no warranty regarding the accuracy or completeness of the information in this website and recommend obtaining independent legal, financial and accounting advice before considering purchasing land or making an offer to purchase land. The plans, examples and information contained herein are for illustrative purposes only and should not, without further inquiry, be relied upon as to their ultimate accuracy, to the extent permitted by law; the Suburban Land Agency and its selling agents will not be responsible for any loss or damage that may be incurred as a result of your reliance upon this website. Statistics have been sourced from research conducted by the Australian bureau of Statistics and Visit Canberra and Invest Canberra, ACT Government.

At the intersection of past and future