43 Tyson Street, Ainslie, ACT 2602

Auction

House
Type
5
Bedrooms
2
Bathrooms
2
Parkings

Published on Thursday, October 22, 2026 ( See property details for 43 Tyson Street, Ainslie, ACT 2602)

Auction

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming character home on a substantial, near-level 850m² block in the highly desirable suburb of Ainslie, offering exceptional renovation and development potential.

🏡 Property Highlights

  • Generous near-level 850m² landholding in a sought-after suburb
  • Character-filled home with extensive renovation potential
  • Flexible floor plan with five bedrooms and two living areas
  • Detached rumpus room/studio at the rear of the property
  • Prime location near Mount Ainslie Reserve and local amenities
  • Opportunity for redevelopment or knockdown rebuild, subject to approvals

✨ Key Features

  • Ducted gas heating
  • Single garage
  • Carport
  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Ensuite
  • Waterfront / Views
  • Open-Plan Living
  • Outdoor Area / Balcony

Ainslie is one of Canberra's most desirable suburbs, renowned for its established trees, charming character homes, and picturesque streetscapes. It offers excellent access to public transport, local shops, cafes, and schools, all within a vibrant community setting. The proximity to Mount Ainslie Reserve provides residents with extensive walking trails and outdoor recreation, making it an ideal location for families and professionals seeking a balanced lifestyle. With ongoing development opportunities and a strong community feel, Ainslie remains a highly sought-after address in Canberra.

What are the renovation possibilities for this property?
The property offers extensive potential for renovation, extension, or a complete rebuild, subject to relevant approvals, allowing you to personalise and modernise the home to your preferences.
Is the property suitable for redevelopment or multi-dwelling development?
Yes, given the large, near-level 850m² block and the recent reforms in ACT zoning, there are exciting possibilities for redevelopment or multi-dwelling projects, subject to planning and approval processes.
Are there any heritage restrictions on the property?
The property is not heritage-listed, providing greater flexibility for renovation, extension, or redevelopment without heritage constraints.
What outdoor features does the property include?
The property features a generous outdoor area with landscaped gardens, a detached rumpus room/studio, and ample space for entertaining and outdoor activities.
What are the nearby amenities and lifestyle benefits?
The property is within walking distance to Ainslie Shops, Wakefield Gardens, Mount Ainslie Reserve, and local cafes and restaurants, with easy access to public transport, schools, and the Canberra CBD.
Are there any existing planning restrictions or zoning limitations that could affect redevelopment or extensions? What are the potential costs associated with renovating or modernising the home? Are there any easements, covenants, or encumbrances on the land that could impact development plans? Has the property been tested for any structural issues or defects, especially given its age? Are there any nearby construction or development projects that could affect the neighbourhood's tranquility or value? What are the specific council requirements for a knockdown rebuild or multi-dwelling development? Is there any history of flooding or bushfire risk in this area? Are there any restrictions related to heritage or conservation overlays that could limit modifications? What are the ongoing costs, including rates and land tax, for this property? Are there any shared facilities or community levies if considering multi-dwelling development?

43 Tyson Street, Ainslie, ACT 2602 - More Details

Auction

Positioned on a generous, near-level 850m² approx. parcel of land, this charming character home presents an exceptional opportunity to secure a substantial landholding in one of Canberra's most established and tightly held suburbs. Nestled along a beautiful tree-lined street at the foothills of Mount Ainslie Reserve, the property offers an exciting opportunity for those looking to renovate, extend or create their dream home in a truly enviable location. Cherished by the same owners for close to 30 years, the residence is filled with character and history, character and endless potential, offering a wonderful foundation for the next chapter.

The existing home has been extended over time and offers a generous and flexible floor plan, comprising five bedrooms, two bathrooms and two separate living areas. A detached rumpus room or studio positioned at the rear of the property provides additional versatility, ideal for a creative workspace, hobby room or teenage retreat. While the home would benefit from renovation and modernisation, its generous proportions and established character provide an excellent starting point for those with the vision to transform it into something truly special.

Beyond the existing residence, the substantial near-level block is undoubtedly one of the property's greatest attractions. With 850sqm of land to work with, not often found within the current Ainslie market, the possibilities are extensive, whether restoring and enhancing the home's original charm, undertaking a substantial renovation or exploring the potential for a complete knockdown and rebuild, subject to relevant approvals and unencumbered by heritage listing constraints. The generous landholding and relatively flat topography could provide an ideal setting for a beautifully designed, single-level contemporary residence with expansive living areas, landscaped gardens and outdoor entertaining spaces. A single garage and separate carport add further practicality to the existing property.

The location captures everything that makes Ainslie one of Canberra's most desirable and enduringly popular suburbs. Surrounded by established trees, character homes and picturesque streetscapes, the property enjoys easy access to public transport, walking access to Ainslie Shops, Ainslie North Primary School, Wakefield Gardens and the beautiful walking trails of Mount Ainslie Reserve. The vibrant Ainslie shopping village offers popular cafés, restaurants, local shops and medical services, while Dickson shops, Canberra CBD, Braddon and the wider Inner North are all just moments away. Combining a substantial landholding, a character-filled residence and an exceptional lifestyle location, this is a rare opportunity to secure your place in one of Canberra's most sought-after neighbourhoods and create a home perfectly suited to your future.

With the ACT Government's recent Missing Middle Housing Reforms creating greater opportunities for low-rise residential development in established suburbs, the substantial landholding may also offer exciting possibilities for those looking to explore multi-dwelling development, subject to zoning, planning requirements and relevant approvals.

Features Include:
- Charming character home in the highly sought-after suburb of Ainslie
- Generous, near-level landholding of approximately 850 sqm
- Beautiful tree-lined street at the foothills of Mount Ainslie Reserve
- Cherished by the same owners for close to 30 years
- Five bedrooms and two bathrooms
- Two separate living areas providing flexibility for family living
- Extended floorplan offering generous internal accommodation
- Detached rumpus room/studio positioned at the rear of the property
- Ducted gas heating
- Single garage and additional single carport
- Character-filled residence offering outstanding renovation potential
- Opportunity to renovate, extend or explore a knockdown rebuild, subject to approvals
- Non-heritage-listed property
- Near-level block ideally suited to a potential single-level dream or double-storey home
- Generous outdoor space with exciting landscaping and entertaining possibilities
- Established residential setting surrounded by mature trees and character homes
- Walking distance to Ainslie Shops and Wakefield Gardens
- Easy access to Mount Ainslie Reserve and its extensive walking trails
- Close to local cafés, restaurants, schools and everyday amenities
- Convenient access to Braddon, Canberra CBD and the wider Inner North
- Exceptional opportunity to secure a substantial landholding in a tightly held location

EER: 0.0 stars
Living: 150.04m² (approx.)
Carport: 22.80m² (approx.)
Garage: 22.70m² (approx.)
Block Size: 849m² (approx.)

Land Value: $929,000 (approx.)
Rates: $5,577 per annum (approx.)
Land Tax: $11,748 per annum (approx.) - paid by investors only


Disclaimer: The figures provided herein are approximate and for general informational purposes only. The material and information contained in this marketing document do not constitute legal, financial, or other professional advice. VERV Property expressly disclaims all liability for any inaccuracies, omissions, or errors contained within. No party should rely on this material as the sole basis for any decision-making process. All prospective purchasers are advised to conduct their own independent due diligence and to seek appropriate professional advice prior to entering into any binding agreements or transactions.

Notice: To comply with Australian Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, we may be required to verify the identity of buyers and sellers and request additional information before a property transaction can proceed.
Type
House
Bedrooms
5
Bathrooms
2
Parkings
2

Inspections times

  • Inspection Sat 24 Oct 1:00 pm

    Saturday 24 October
    1:00 pm - 1:30 pm

Auctions

  • 43 Tyson Street, Ainslie, ACT 2602

    Saturday 14 November
    10:00 am
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