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About this property
Amazing entry level to Yarralumla - Need to be quick. Positioned just one street back from the lake, this beautifully presented two-storey duplex offers lifestyle, space and timeless character in an unbeatable setting. Built in 1958 with solid construction and enduring charm, this character Canberra cottage sits on a generous 565m² block and provides 150m² of comfortable living. Upstairs features three spacious bedrooms and a well-appointed bathroom, while downstairs offers two separate living areas and a dedicated dining space. The modern kitchen is thoughtfully designed and connects seamlessly to a 25m² covered and enclosed entertaining deck - perfect for year-round gatherings - flowing out to a private, leafy backyard. Enjoy a sunny northerly rear aspect with a striking outlook, creating a light-filled and inviting atmosphere throughout the home. Simplicity, space and style in a tightly held lakeside pocket, this home delivers exceptional comfort and convenience with year-round climate control and a functional floor plan ideal for families or professionals alike. A rare opportunity to secure a charming home in a premium location just moments from the lake, with privacy, views and lifestyle at your doorstep. Rental Appraisal: $850 - $880 Per Week Features: * Three bedrooms upstairs * One bathroom upstairs + separate toilet/powder room downstairs * Two generous living areas * Well-appointed kitchen * 25m² covered and enclosed entertaining deck * Private, easy-care gardens * Single garage plus carport * Four reverse-cycle split systems * Ducted gas heating * Gas hot water * Gas cooktop and mains gas connection to BBQ and deck * 6,500+ litre rainwater tank Specifications: EER: 2.5 Land Size: 565m² Living Area: 151m² Deck: 25m² Garage: 20m2 Carport: 29m2 Land Value: $1,600,000 Rates: $7,476 per annum Land Tax: $16,484* ((if rented out)) Construction: 1958
39 Bailey Place, Yarralumla ACT 2600
Asking price
$1,665,000
Listed by
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Last 10 sold in Yarralumla
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16 Hutt Street, Yarralumla ACT 26003 1 2 · Berkely Residential$2,250,000May 2026
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16 Hutt Street, Yarralumla ACT 26003 1 2 · Berkely Residential$2,250,000May 2026
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4 Hunter Street, Yarralumla ACT 26005 2 4 · Bastion Property Group$3,375,000Apr 2026
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4 Banks Street, Yarralumla ACT 26003 1 · Blackshaw Manuka$1,725,000Mar 2026
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4 Banks Street, Yarralumla3 1$1,725,000Mar 2026
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19A Loftus Street, Yarralumla ACT 26003 2 1 · Berkely Residential$1,638,000Mar 2026
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7 Fitzgerald Street, Yarralumla ACT 26005 3 3 · Berkely Residential$3,200,000Mar 2026
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4/16 Woolls Street, Yarralumla ACT 26003 2 2 · Hive Property$1,535,000Mar 2026
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9a Cambage Street, Yarralumla ACT 26003 2 1 · LJ Hooker - Kaleen$1,325,000Mar 2026
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19A Loftus Street, Yarralumla ACT 26003 2 1 · Berkely Residential$1,638,000Mar 2026
Source: recent sold property data for Yarralumla ACT.
Nearby schools (within 3 km)
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0.6 kmCanberra Girls Grammar School Innovation BuildingSchool
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0.9 kmAeon AcademySchool
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0.9 kmYarralumla Primary SchoolPrimary School
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1.1 kmSt Nicks HellenicaSchool
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1.3 kmSt Nicks BotanicaSchool
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1.8 kmCanberra Girls Grammar Junior School (Primary and ELC)School
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2.2 kmDeakin PreschoolSchool
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2.2 kmCalvary John James Education CentreSchool
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2.3 kmCrawford School of Public PolicySchool
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2.5 kmCanberra Girls Grammar SchoolSchool
Source: Google Places