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Aspen Village is an incredible property opportunity for investors and first home buyers

Market insights 2 months ago Read time: 3 minutes

A collection of stylish 1, 2 and 3-bedroom apartments within close proximity to the Tuggeranong town centre – Aspen Village is the ideal property opportunity for those seeking a vibrant lifestyle and an intelligent investment. 

Construction at Aspen Village is now underway, with ground broken in August to deliver the project by early 2022. The entire project will be delivered in one stage, bringing almost 600 apartments and about 1500 new residents to the shores of Lake Tuggeranong in Canberra’s far south.

Aspen Village Summit

Situated less than 20 minutes from the Canberra CBD, life at Aspen Village will be one of adventure and natural beauty. Breathtaking views stretch out across Canberra’s unspoilt natural fringe, giving Aspen Village an atmosphere reminiscent of an Australian ski resort – with Lake Tuggeranong and the Brindabella Ranges at your doorstep. 

The team behind this thoughtfully designed collection of homes – industry leading developers Geocon and Empire Global – have ensured that both impeccable quality of life for residents and impressive return on investment have been considered in equal measure. 

Aspen Village pool

This focus on an enhanced lifestyle is best demonstrated through The Summit – the development’s 2,200sqm rooftop entertaining space. Featuring an indoor-outdoor bar, heated infinity edge pool, bookable private lounge areas, barbecue and dining facilities, fire pits and lawn areas – The Summit is the ultimate place to entertain family and friends, or simply take in the incredible views that spread out in every direction. 

Each residence at Aspen Village is filled with an abundance of natural light and features the highest quality appliances, artfully curated fittings and fixtures, stylish stone benchtops and ducted heating and cooling. The choice of two interior schemes allows you to inject your own sense of personal style into the brand-new space, and the contemporary, muted colour-palette provides the perfect blank canvas. 

Aspen Village kitchen

Whether you’re a first home buyer looking to secure a home that is both a savvy investment and a wonderful place to live, or are thinking of purchasing a property to rent out as an investment, Aspen Village has an apartment to suit your needs within the range of available floorplan options. 

If you’re a seasoned investor seeking to expand and diversify your property portfolio, Canberra has consistently proven to be one of Australia’s most intelligent investment locations – boasting vacancy rates less than 2% and the lowest stamp duty of anywhere in Australia, payable on completion of the project and claimable in the first year. 

Aspen Village offers investors the potential to achieve an impressive 7% rental return, off the back of $3 billion in infrastructure and improvements committed to the Canberra region – as well as the established university and government communities. These are just some of the reasons Canberra’s rental returns will remain the highest in Australia. 

Aspen Village retail

The strength of the Canberra market further highlights what an unbeatable opportunity Aspen Village is for first home buyers, thanks also to the achievable prices and range of floor plans, buying your first home at this impressive new development could be cheaper than renting a property of the similar size and quality. 

Grounded by a conveniently located, buzzing retail precinct – with plans for shops like a pizzeria, coffee shop, bakery, local grocery store and bottle shop as well as the Club Lime gym – life at Aspen Village is amenity-rich apartment living at its finest. The extensive commercial opportunities in Aspen Village link seamlessly with the residential inclusions, paving the way for Tuggeranong’s first genuine, mixed-use precinct. 

Purchasers at Aspen Village may be eligible for the $25,000 HomeBuilder grant – a government incentive too good to let pass you by. 

For more information on the residences available at Aspen Village, click here.