Canberra’s highly anticipted Republic Precinct is nearly complete

Market Insights
2 years ago
3 minutes

Located in Belconnen’s most prominent precinct, Nightfall is the final opportunity to secure a property in Canberra’s Republic Precinct. Geocon’s Nightfall follows the success of Dusk, Republic and High Society buildings and is the final stage in the 1,200-apartment precinct. The precinct is already home to 3,000 residents, with a limited number of apartments expected to be promptly purchased.

Nightfall and the broader Republic Precinct are architectural masterpieces from world-renowned architects Fender Katsalidis. With numerous award-winning and industry-acclaimed developments under their belt - including Australia 108, MONA and Seafarers - Fender Katsalidis again proves their worth as Australia’s premier architectural team at Republic Precinct.

Views from Nightfall apartment.

Nightfall’s 22-storey apartment complex will house 334 one and two-bedroom apartments with panoramic views of Lake Ginninderra or the Black Mountain Tower. In addition to the architecturally designed interiors and generous floorplans, the development also offers its residents a private entertaining space complete with a barbecue area, chef’s kitchen and private dining room on level two. 

“This space is somewhere residents can take ownership of as an extension of their homes,” explained Adam Morgan, Head of Sales at Geocon. 

Adam describes the precinct as a ‘destination’. “It has not only changed the landscape of Belconnen but added a lot to the economy by adding a couple of thousand people into the area. It’s a bit of a game-changer,” he said. 

Residents' amenities at Nightfall.

The Republic Precinct will also offer new retailers across the activated ground floor plaza, including Abode Hotel, Woolworths Metro and BWS, and several eateries including No.10 Restaurant + Bar. The grand stairs of the Republic Precinct area are only a one-minute walk from the beautiful Lake Ginninderra, while Canberra CBD is only 15-minutes away - the rare site balancing proximity to the city centre with lush, natural surroundings. 

Adam says Nightfall will attract “investors, first home buyers and young professionals” who will appreciate its design and proximity to universities and local amenities. University of Canberra, Westfield Belconnen and Calvary Hospital are all less than 10-minutes away, while Canberra Domestic and International Airport is only 20-minutes from the precinct. 

High Society is the tallest residential tower in Canberra.

Often overlooked, Canberra’s property market continues to exceed expectations. Research indicates that Canberra is steadily gaining momentum and piquing the interest of both investors and owner-occupiers. As a result, the city now stands as one of the most secure economies and has demonstrated the strongest growth in the nation. 

Dr Andrew Wilson, Chief Economist at My Housing Market, says, “Despite recent heightened speculation regarding the outlook for interest rates, rates are now likely to remain at record low levels for the foreseeable future. Ongoing low-interest rates will ensure stable outcomes for the Canberra housing market, which will continue to be supported by high local incomes, low unemployment and strong job growth.”

Securing one of the final apartments at Nightfall in Republic Precinct will guarantee you a slice of Canberra’s thriving property market. The development has limited last release opportunities available. Construction is on schedule, with residents expected to move in early 2022. To book an appointment to view brand new apartments, or to learn more, visit Nightfall or High Society