Yarralumla is one of Canberra's most sought-after addresses, but within this central region there are some residences that truly stand out as unique.
'Westridge House' at 55 Banks Street is a home of distinction and does just that . . . and much, much more.
This is more than a residence, it is an estate of a staggering 19,210 square metres - the largest privately owned residential block in the inner south. Nearly five acres of exceptional Yarralumla earth, and offering an array of life style possibilities.
This is an opportunity to acquire more than a property; it is an opportunity to acquire a legacy for generations to come.
This elegant and substantial sized residence sits high on a gently sloping, exquisitely landscaped estate and was built in 1928 for Charles Lane-Poole, then the inspector-general of Forests.
In 1975, CSIRO became the new tenant of 'Westridge House' and it was used as the residence for the chief officer.
For the last several years it has been in private hands and the expansive grounds have been restored beautifully, to a level worthy of this Yarralumla jewel.
An appropriately long, sweeping driveway leads to the front of the home, with steps leading up to the grand entrance foyer exuding old world charm.
Inside has a neutral toned palette with a formal lounge, or reception room of about 50 square metres highlighted with an antique fire place, solid timber floors, classic high ceilings and double doors opening onto a sandstone paved terrace.
The heart of the home is the central family, living and dining area, also with access to the paved terrace with northerly views over magnificent entertaining areas and the breathtaking grounds of the estate.
There is also a study or fifth bedroom with a two-way bathroom. Upstairs are four bedrooms including the master, the family bathroom and two further sitting rooms.
The master bedroom is serviced by an elevator, enjoys walk-in robes and a generous ensuite.
A highlight upstairs is access to a balcony, which provides the ideal sunny spot to take advantage of views over the estate toward the lake and Black Mountain Tower.
Additionally for the car enthusiast there is an four car garage, a four car carport, and a three-car sized workshop.
It goes without saying that properties of this size and calibre, in a location like this are extremely rare. This is an opportunity for the generations and will appeal to the discerning few with the vision for an elegant family estate.
Other features:
- Enormous 19,210 square metre estate
- Centrally located in Yarralumla location, close to Government House and backing on to
Royal Canberra Golf Course
- Substantial sized home, oriented north
- Expansive exquisite formal garden landscaping with picturesque views over the estate
- Period features - high ceilings, timber floors, french doors, sash windows, gas fireplaces - one with antique fireplace
surround
- Five bedrooms
- Three bathrooms
- Two upstairs sitting rooms
- Elevator
- Car accommodation for eight cars
- Three vehicle-sized workshop
- Ducted reverse cycle air-conditioning
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 1,600 properties. Over the last 5 years, Houses in Yarralumla have seen a 31.66% increase in median value, while Units have seen a 14.37% increase. As at 30 November 2025:
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