OFF MARKET

54 Limestone Avenue
Ainslie ACT 2602

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 1508m2
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Property Details for 54 Limestone Ave, Ainslie

54 Limestone Ave, Ainslie is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 1508m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1930
Floor Size
130m2
Land Size
1508m2
Local Government
Canberra Central
Lot/Plan
AINSLIE: Block 1, Section 14

Last Listing description (April 2021)

This home would have a colourful story to tell, having seen Canberra grow from sheep paddocks to the thriving metropolis it is today.

Designed in 1926 the home was originally advertised by Federal Capital Commission as the FCC Type 2. Advertised in the General Notes for Information of Public Servants April 1926, it was designed to entice public servants to move to Canberra. The price back then was 1,250 which included a fuel store, tool house and gravel footpaths.

Located in the prestigious, Alt Crescent Heritage Precinct, the original 3-bedroom cottage was renovated and extended in the mid-1970s to update the kitchen and living spaces, include an additional bedroom and convert the third bedroom into a small flat with ensuite.

The first resident of the home in 1927 was renowned modernist architect, Malcolm Moir. He set up his studio in the garage and worked on designs for many early Canberra buildings from the property during the late 1920s.

Since the 1950s, the house has been owned by the Leonard family. The last resident, Bronwyn, was well known in Ainslie, having taught several generations of children in the local area. She was equally renowned for her well-loved garden, regularly taking part in Open Garden events, showing off the sprawling 1508m grounds and encouraging anyone who showed an interest to take a cutting or two to propagate their own gardens.

Now changing hands for the first time in over 70 years, 54 Limestone Avenue is ready to turn a page and start its next chapter.

This home has many endearing qualities and features including:
3 bedrooms
Ensuite
Main Bathroom with separate shower & bath
Large Family meals area
Formal lounge with Gas Fireplace and wooden beam ceiling.
Ducted reverse-cycle air conditioning
Secure garage with remote
12 solar panels
Established private gardens
Part of Alt Cres Heritage Precinct
Short walk to Canberra CBD
Short walk to local primary school
Close to the Australian National University

Facts:
Rental Appraisal: $600 - $650 pw
UV: $989,000 (2020)
Rates: $6,178 pa
Land Tax: $10,280 pa
EER: 0.0
Block Size: 1508m
Residence size: 153.30m
Year Built: 1927
Please note: All figures are approximate, and buyers should make their own enquiries.
Black & White Photo: Commonwealth of Australia (National Archives of Australia) 2019.

Property History for 54 Limestone Ave, Ainslie, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$1,400,000
14 Apr 2021
  • 14 Apr 2021
    Sold for $1,400,000
  • 17 Mar 2021
    Listed for Sale Auction
  • 13 Sep 2020
    Transferred

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About Ainslie 2602

The size of Ainslie is approximately 3.5 square kilometres. It has 19 parks covering nearly 9.3% of total area. The population of Ainslie in 2011 was 5,104 people. By 2016 the population was 5,190 showing a population growth of 1.7% in the area during that time. The predominant age group in Ainslie is 40-49 years. Households in Ainslie are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ainslie work in a professional occupation. In 2011, 57.5% of the homes in Ainslie were owner-occupied compared with 57.7% in 2016.

Ainslie has 2,274 properties. Over the last 5 years, Houses in Ainslie have seen a 64.71% increase in median value, while Units have seen a 66.08% increase. As at 31 October 2024:

  • The median value for Houses in Ainslie is $1,520,829 while the median value for Units is $1,120,725.
  • Houses have a median rent of $780 while Units have a median rent of $720.
There are currently 10 properties listed for sale, and 1 property listed for rent in Ainslie on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Ainslie.

Suburb Insights for Ainslie 2602

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.