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Free performance report on all Yarralumla agents

There are real estate agents servicing Yarralumla and surrounds. In 2016 they sold 46 properties. We have analysed all these Yarralumla agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents

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Yarralumla Real Estate Agents – Choose The Best

Real Estate Agents Yarralumla – 2016/17 Performance

Yarralumla Real Estate Agents sold 46 properties over the last 12 months (31 houses and 15 units). On average these 31 Yarralumla houses took 62 days to sell and were sold at an average discount of -6% from their initial listing price.

The best Yarralumla Real Estate Agents sell properties considerably better than these average figures. We detail who these Yarralumla agents are in our free report

Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over agents operating in the Yarralumla council area servicing the Yarralumla market and agencies, vendors should only use those Yarralumla agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Yarralumla property.

With total house growth of 28% over the last five years Yarralumla agents have had it reasonably easy selling into an appreciating market. Units have fared not as well growing at -3%. Growth in Yarralumla houses over the last year has been below the five year annual growth rate, coming in at 2% for houses (5yr average 6%) and below for units -6% (5yr average -1%).

Request your free report for the individual performance details of real estate agents in Yarralumla and the properties they have sold over the last couple of years.

With Yarralumla houses only selling on average every 9 years and units every 8 years, securing the best Yarralumla real estate agent to manage this infrequent transaction is crucial.

At the end of the day choosing the best Yarralumla real estate agent to sell your property can make years of difference to your personal financial situation.

Suburb Overview

Yarralumla is a large inner south suburb of Canberra, the capital city of Australia. Located approximately 3.5 kilometres south-west of the city, Yarralumla extends along the south-west bank of Lake Burley Griffin.

Europeans first settled the area in 1828, and it was named Yarralumla in 1834 from the indigenous Ngunnawal people 's term for the area. Frederick Campbell, grandson of Robert Campbell who built nearby " Duntroon ", completed the construction of a large, gabled, brick house on his property in 1891 that now serves as the site of Government House, the official residence of the Governor-General of Australia. Campbell's house replaced an elegant, Georgian-style homestead, the main portions of which were erected from local stone in the 1830s. Among the old Yarralumla homestead's most notable occupants were Sir Terence Aubrey Murray, who owned Yarralumla sheep station from 1837 to 1859, Augustus Onslow Manby Gibbes, who owned the property from 1859 to 1881, and Augustus' father Colonel John George Nathaniel Gibbes.

The modern suburb of Yarralumla was officially gazetted by the government in 1928 and today is home to approximately 3000 people and many diplomatic missions. In recent years, it has become one of Canberra's most desirable and expensive residential suburbs because of its wide leafy streets, attractive lakeside setting and central location.

Yarralumla is located in the central Canberra district of South Canberra. It is bordered by Lake Burley Griffin to the north, Commonwealth Avenue and Capital Hill to the east, Adelaide Avenue and the Cotter Road to the south, and Scrivener Dam, Lady Denman Drive and part of the Molonglo River to the west.

Although Yarralumla is one of the largest suburbs in Canberra by area, its population remains quite small because more than half of its area consists of open space or non-residential development, including Weston and Stirling Parks, the Royal Canberra Golf Club, and the grounds of Government House. A relatively high proportion of houses are occupied by diplomatic missions.

The embassy area of Yarralumla is located towards the eastern end of the suburb next to Stirling Park. It is the hilliest area of Yarralumla;Parliament House and the Parliamentary Triangle are located nearby.

The streets in Yarralumla are named after Australian governors and botanists. Most of the older streets in the suburb are laid out on an approximately rectangular grid with some curved sections, while the more hilly eastern end of the suburb, including the embassy district, is set out with contour-guided roads. Major roads in Yarralumla include Banks Street, Novar Street and Hopetoun Circuit in a north-south direction and Schlich Street, Loftus Street and Weston Street running east-west. Being a dormitory suburb, there are no major through roads. Access to the rest of the city can be made from Adelaide Avenue, Commonwealth Avenue, Lady Denman Drive and Cotter Road, all of which run along the borders of the suburb. From these roads, entry to the suburb can be gained by turning into roads such as Coronation Drive, Hopetoun Circuit and Novar Street.

Yarralumla is located on the Yarralumla Formation which is a mudstone / siltstone formation that was formed around 425 million years ago during the Silurian Period. The formation extends from Red Hill and Woden in the South to Lake Burley Griffin in to the north, passing under the suburb of Yarralumla. The formation is evidence of the last major marine sedimentary period when eastern Australia was still covered by shallow seas. It shows fossil evidence of trilobites, coral and primitive crinoids. The Yarralumla brickworks quarry and the Deakin anticline are places where the formation is exposed and easily studied.

The area now called Yarralumla is part of two original land grants, which were granted to free settlers for the establishment of farms. In 1828 Henry Donnison, a Sydney merchant who had arrived with his wife and family on the brig Ellen on 29

The prominent New South Wales parliamentarian, Sir Terence Aubrey Murray purchased Yarralumla in 1837. He lived there with his wife Mary Murray, the second daughter of the Collector of Customs for NSW, Colonel John George Nathaniel Gibbes, MLC. In 1859, Murray sold Yarralumla to his brother-in-law, Augustus Onslow Manby Gibbes. Later that same year, Augustus' parents came to live with him at Yarralumla homestead.

Augustus Gibbes improved the estate and acquired additional land by purchase and lease. However, In 1881, he sold Yarralumla for 40,000 pounds to Frederick Campbell, a descendant of Robert Campbell, in order to travel overseas. Frederick Campbell erected a new, three-storey, brick house on the site of the former Yarralumla homestead at the beginning of the 1890s. Campbell's house would later form the basis of what is now the Governor-General of Australia's official Canberra residence, known colloquially as "Yarralumla" or "Government House". Campbell also built a large wooden woolshed nearby in 1904. It remains standing to this day.

Yarralumla ACT 2600