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The Canberra Times
The Canberra Times
Lucinda Garbutt-Young

Would you pay $3.5k a week for Canberra's most expensive rental?

It is no secret rental prices have surged across the capital in recent years.

Despite no change in Canberra median rental prices across July, our homes still remain among the most expensive in the country.

Nationally, there has been a 39.7 per cent surge in rents over the past five years, CoreLogic data has revealed.

So what does the top end of Canberra's rental market look like?

Seven houses are currently on the market for $2000 per week or more - and an honourable mention for 11 Terrigal Crescent, O'Malley, which is listed for $1950 per week.

Here are the five most expensive.

Seven-bed mansion

Nestled in one of Canberra's most coveted suburbs, this Red Hill residence has two dwellings with a pool and tennis court between them.

The property at 2 Torress Street, Red Hill has luxury inclusions and is listed at $3500 per week.

One residence offers a four-bedroom, four-bathroom abode with three living areas and formal dining.

The second dwelling has two bedrooms and two bathrooms, with a large open-plan area and balcony.

The houses have green feature walls and 70s-style kitchens.

Both dwellings have ducted heating and can fit a number of cars in a lock-up garage.

Additional features include a flagpole, gardener and pool maintenance.

A separate driveway separates the two residences.

​Paying for a view

The unit at 604/20 Anzac Park, Campbell, has beautiful views over the city and Black Mountain.

At $2650 a week, it is the most expensive apartment on Canberra's rental market.

The view from Canberra's most expensive rental apartment. Picture supplied

The tenant will have four bedrooms and four bathrooms on one of Canberra's best-known streets.

It features a large lobby and several open-plan living rooms with entry onto two balconies.

The kitchen is Italian marble with timber floors. There is a butler's pantry adjacent.

In the main living room is a full wall of shelves, ideal for displaying collections or books.

The master room has a large study, ensuite and wardrobe.

A large, open plan living room in the apartment. Picture supplied

Just sold but back on the market

The sprawling grounds of 4 Sorrell Street. Picture supplied

The five-bedroom house at 4 Sorrell Street, Forrest, has been a familiar figure on the Canberra property market recently.

The house sold for $6.1 million in April 2024. Now, it is available to rent for $2500.

It includes two ensuites and a third bathroom close to large bedrooms.

A fireplace frames a generous living area with plenty of natural light.

Downstairs, there is a rumpus area, laundry and a proper wine cellar.

The real drawcard of this house, though, is the sprawling gardens. They include peach, pear, apricot, lemon and olive trees along with a large vege patch.

These plants are watered by an underground rain-eater storage system.

A very large rumpus area at the house. Picture supplied

A blank slate

The house at 7 Normnaby Crescent, Deakin, has white walls and light floors, making it a blank slate for the next tenant.

The open house is ready for the eye of a new tenant. Picture supplied

For $2400 per week, the house has four bedrooms and three bathrooms set on a large block.

It has a long entry halls that opens to free-flowing living and dining areas.

The kitchen has stone benchtops and large storage areas, making it a good house for entertaining.

Both the master bedroom and a second guest room have ensuites, leaving the final two bedrooms to share a bathroom.

7 Normnaby Crescent is light-filled and looks onto a leafy yard. Picture supplied

A triple garage is ideal for making this a family home with several cars.

The house has ducted heating throughout.

In addition to being up for rent, this property is listed for sale.

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