Plenty of buyers faced the freezing cold weather on Saturday with agents reporting solid numbers registered at auctions across the territory.
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About half of the auctions scheduled sold and several sold prior to the weekend.
There were seven registered bidders for a renovated and extended full brick home in Narrabundah which sold under the hammer on Saturday morning.
The rainy weather just held off as Ray White auctioneer Scott Jackson accepted an opening bid of $790,000 on the home at 22 Strzelecki Crescent.
Two parties then battled for the property as it was called on the market about $840,000.
It sold under the hammer for $875,000.
The four-bedroom home had been freshly painted and had original features maintained including high ceilings and sash windows.
It was on a 615 square metre block.
Agent Cory McPherson from Ray White Kingston said there was high demand for Narrabundah properties with buyers very keen to get into the area for the schools.
He said normally properties in the area were attracting about six or seven registered bidders and values had been going up.
“Definitely in the past six months it has increased without doubt, just driven by demand,” Mr McPherson said.
An executive family residence at 14 Howard Street in Torrens sold under the hammer for $921,000 through LJ Hooker Manuka agent Jane Kusetic.
The property attracted 14 registered bidders.
LJ Hooker Manuka principal Stephen Thompson said it was a good indicator there was a bit of depth to the market.
He said buyers were very keen on homes that had been fully renovated and had nothing more to do as they were time poor.
Richard Luton Properties principal Richard Luton said he had solid numbers of bidders at the agency’s auctions including two properties that attracted eight each.
“It seems to be the trend at the moment with limited stock on the market,” he said.
Mr Luton said while he expected the typical spring rush of property onto the market it didn’t necessarily mean there would be more buyers around.
There were eight registered bidders for a big home on a big block in Weetangera at 157 Springvale Drive.
The home sold for $995,000 through Peter Blackshaw Belconnen agent Peter Walker, who said the suburb was highly sought after.
AUCTION RESULTS
PETER BLACKSHAW
16 Allambee Street, Reid – sold for $795,000
157 Springvale Drive, Weetangera – sold for $995,000
INDEPENDENT PROPERTY GROUP
42 Custance Street, Farrer – sold for $846,500
117 Radcliffe Crescent, Florey – passed in
16 Meredith Circuit, Kambah – sold prior for $695,000
LUTON PROPERTIES
17 Tarrant Crescent, Dunlop – sold prior for $443,000
21 Narryer Close, Palmerston – sold prior for $605,000
38 Archer Street, Dickson – sold for $693,000
31 Southwell Street, Weetangera – sold for $390,000
14 Gledden Street, Chifley – sold for $745,000
69 Yumba Avenue, Yarralumla – passed in
8 Edols Place, Charnwood – sold for $451,000
13 Eumarrah Street, Bonner – passed in
38 Harper Street, Macgregor – passed in
LJ HOOKER
59 Bellchambers Street, Banks – sold for $457,500
11 Kallara Close, Duffy – sold price undisclosed
30 Pokana Circuit, Kaleen – sold for $605,000
33 Soloman Crescent, Latham – sold for $465,000
14 Howard Street, Torrens – sold for $921,000
16 James Smith Circuit, Conder – passed in
10/19 Elvire Place, Palmerston – passed in
59 Duggan Street, Calwell – sold for $460,000
40 Beazley Crescent, Calwell – passed in
RAY WHITE
22 Strzelecki Crescent, Narrabundah – sold for $875,000
10/48 Dalley Crescent, Latham – passed in
MCGRATH
37/121 Streeton Drive, Stirling – sold for $480,000
14 Paquita Street, Forde – passed in
PRD NATIONWIDE
6 Russell Drysdale Crescent, Conder – passed in
PAUL AND ROBYN SUTTON PROPERTIES
25 Alabaster Street, Monash - result not known
RECENT SALES
MCGRATH
29/2 Eileen Good Street, Greenway - $415,000
54 Christopher Crescent, Karabar - $442,000
38 Leita Court, Ngunnwal - $480,000
1/31 Ross Road, Queanbeyan - $410,000
4 Cypress Place, Queanbeyan - $540,000
Lot 4 Bevandale Road, Dalton - $196,500
Lot 1 & 2, 81 Lute Street, Gundaroo - $335,000
504/165 Northbourne Avenue, Turner - $810,000
71 Woolner Circuit, Hawker - $920,000
107 Diamantina Crescent, Kaleen $564,000
15 'Azura' Henry Kendall St, Franklin - $329,000
4 Madi Way, Ngunnawal - $430,000
PETER BLACKSHAW
37/12 Albermarle Place "Dover Court", Phillip - $279,000
58 Cobham Street, Yass - $365,000
15/11-18 Keith Waller Rise, Casey - $384,900
6 Lett Place, Amaroo - $385,000
23 Littlejohn Lane, Franklin - $386,000
7 Sully Place, Chapman - $399,000
1 Rymill Place, Mawson - $495,000
4/23 Temperley Street, Harcourt Hill - $502,000
15 Goodenia Street, Rivett - $515,000
44 Forsythe Street, Banks - $522,500
4 Mirrool Street, Duffy - $540,000
5/4 Tauss Place, Bruce - $555,000
4 Pails Place, Gordon - $600,000
41 Alison Ashby Crescent, Banks - $622,000
170/8 Jardine Street, Kingston - $635,000
4/25 Damala Street, Waramanga - $665,000
6/26 Macquarie Street, Barton - $725,000
30 Walker Crescent, Griffith - $755,000
13 Dampier Crescent, Forrest - $1,550,000
INDEPENDENT PROPERTY GROUP
37/1 Moat Street, Lyneham $342,000
12/178 Langtree Crescent, Crace, $450,000
5 McCombie Street, Wanniassa $403,000
11 Glenorchy Street, Lyons $658,000
77/ John Gorton Drive, Wright $276,990
3 Bungaree Crescent, Ngunnawal $447,000
65/ John Gorton Drive, Wright $369,990
48 Louisa Briggs Circuit, Bonner $610,000
26/38 Mort Street, Braddon $440,000
58/ John Gorton Drive, Wright $369,990
145 Duffy Street, Ainslie $970,000
3 Cosy Crescent, Harrison $612,000
27/ John Gorton Drive, Wright $279,990
6/12 Lomax Street, Forde $500,000
30 Bertel Crescent, Chapman $779,000
112/ Corner of Eastern Valley Way & Aikman Drive, Belconnen $475,400
83/ John Gorton Drive, Wright $370,990
146/10 Ipima Street, Braddon $424,900
131/ Corner of Eastern Valley Way & Aikman Drive, Belconnen $429,900
95 Plimsoll Drive, Casey $455,000
71/ Corner of Eastern Valley Way & Aikman Drive, Belconnen $411,900
2/ John Gorton Drive, Wright $308,990
11 Edna Thompson Crescent, Casey $489,950
6 Yuyu Street, Ngunnawal $500,000
