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
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.
26 Single detached
82 Single Residential Terrace Style Housing
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.
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.
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.
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.
Residents as of 31 March 2017. ****
Predicted resident base in 2041, propped up by an average annual growth rate of 1.5%. *
Growth in international visitor numbers in the last 10 years. **
Per capita income, more than $22,000 higher than the national average. *
ACT’s full-time adult average weekly ordinary time earnings compared to the national average. *
Lonely Planet lists Canberra as the third best city to travel to in the world in 2018 ***
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.
Residents 35-64 years of age.*
Population comprised of couples with children.*
Gross weekly income earned by 48% of residents.*
Combined Red Hill household incomes on average compared to a nationwide combined income of $74,776.*
Percentage of homes owned outright, in addition to 28.7% of homes mortgaged.*
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.