29 Bailey Pl, Yarralumla is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 505m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Set in a private, tree-lined location on a 505sqm parcel, this former duplex is now a standalone residence. With close proximity to the lake and Inner South location, it holds significant potential for future development, making it a sought-after investment opportunity.
Upon entering the home, you're welcomed by a bright and airy interior that seamlessly invites you to the main living and dining areas. Just off your main entertaining area, the well-equipped kitchen offers plenty of storage, generous counter space, and views of the garden. A dedicated laundry room and powder room is positioned off the kitchen providing convenience when entertaining.
Stepping upstairs, the home offers generous accommodation with three well-proportioned bedrooms, two of which feature built-in wardrobes. The large main bathroom services the top floor. Enjoy stunning views of the lake and iconic Canberra landmarks from the comfort of your home, adding a picturesque backdrop to your everyday living.
Ideally situated, this home is located 300 meters from Lake Burley Griffin, 2 minutes from Weston Park and the Yarralumla Shops. While the existing dwelling holds endless possibilities from renovation, extension or bulldozing and re-building, it sits on a flat generous block with an ideal location, opening the door to numerous possibilities. With easy access to top schools, the Parliamentary Triangle, the CBD, and local parklands, this residence delivers exceptional convenience.
* 505sqm Parcel
* 119sqm Internal living
* Prime Inner South location
* A short walk to Yarralumla Shops
* 300 meters from Lake Burley Griffin
* A 2-minute drive to Weston Park
* Proximity to well-renowned schooling
Rates: $6,942pa (approx.)
Land Tax: $15,162pa (approx.)
UCV: $1,440,000 (2024)
EER: 3.0
Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.
The size of Yarralumla is approximately 8.8 square kilometres. It has 17 parks covering nearly 41.8% of total area. The population of Yarralumla in 2016 was 2890 people. By 2021 the population was 3120 showing a population growth of 8.0% in the area during that time. The predominant age group in Yarralumla is 70-79 years. Households in Yarralumla are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Yarralumla work in a professional occupation.In 2021, 74.30% of the homes in Yarralumla were owner-occupied compared with 71.60% in 2016.
Yarralumla has 1,601 properties. Over the last 5 years, Houses in Yarralumla have seen a 10.27% increase in median value, while Units have seen a 50.58% increase. As at 30 April 2026:
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