The first weekend in August proved chilly but that did not stop buyers forking out for their dream homes.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
There were 17 auctions on Saturday and nine sold.
The highest price was for a redevelopment opportunity in Narrabundah when two properties went under the hammer together.
The properties at 50 and 52 Boolimba Crescent were original three-bedroom homes on a block that is almost 2000 square metres.
The blocks are a short walk from the Narrabundah shops and are in a RZ2 zoning area.
Luton Properties Woden agent Richard Keeley said the vendors had owned both homes and had decided to sell them as one development package.
He said subject to approval a developer could build five townhouses on the site.
There were six registered bidders, all developers, and the home sold under the hammer for $1.17 million.
“That part of Narrabundah is ideal for redevelopment,” Mr Keeley said.
Earlier in the day a four-bedroom home overlooking the Federal Golf Club at 49 Couvreur Street in Garran passed in.
The extensive floor plan is spread over three levels and the formal lounge and master suite open on to an expansive new deck with views of the Brindabellas.
The home also has a striking renovated kitchen and an in-ground swimming pool.
Peter Blackshaw Manuka auctioneer Dan McAlpine accepted an opening offer of $700,000 before three bidders raised offers in lots of $10,000 to reach $960,000.
The home passed in at this amount and negotiations were continuing with the highest bidder on Saturday night.
Two other homes in Garran were sold at auction through Philip Kouvelis Real Estate agent Nicky Symon.
Number 62 Fitchett Street sold for $717,000 and 5 Gay Place sold for $877,000.
An award-winning Pegrum-designed townhouse in Yarralumla sold under the hammer for $918,000.
Peter Blackshaw Woden and Weston Creek agent Shane Killalea said the home at 1/5 Kintore Crescent had two registered bidders.
The contemporary property has a spacious living area and a private courtyard with a Japanese garden.
AUCTION RESULTS
LJ HOOKER
- 20 Cambridge Street, Cook – sold for $670,000
- 5 Ross Street, O’Connor – sold for $830,000
PETER BLACKSHAW
- 216B La Perouse Street, Red Hill – passed in
- 1/5 Kintore Crescent, Yarralumla – sold for $981,500
- 49 Couvreur Street, Garran – in negotiation
- 8 Haskett Place, Kambah – passed in
- 63 Cresswell Street, Campbell – in negotiation
LUTON PROPERTIES
- 23 Wambool Street, Narrabundah – passed in
- 50 and 52 Boolimba Crescent, Narrabundah – sold for $1,170,000
- 1 Jones Place, Weetangera – sold for $695,000
- 35/17 Chandler Street, Belconnen – passed in
- 16 Wighton Terrace, Casey – passed in
ELDERS
- 61 Dugdale Street, Cook – passed in
PHILIP KOUVELIS REAL ESTATE
- 62 Fitchett Street, Garran – sold for $717,000
- 5 Gay Place, Garran – sold for $877,000
- SADIL QUINLAN
- 28 Nimbera Street, Harrison – sold for $620,000
MCGRATH
- 1 Dunlop Street, Hackett – sold for $670,000
RUTHERFORD JOHNSTON PROPERTIES
- 50 Alroy Circuit, Hawker – sold prior for $801,002
RECENT SALES
INDEPENDENT PROPERTY GROUP
- 49/71 Giles Street, Kingston $795,000
- 36/ Corner of Eastern Valley Way & Aikman Drive, Belconnen $454,400
- 5/30 Mainwaring Rich Street, Palmerston $362,000
- 3/10-12 Lonsdale Street, Braddon $410,000
- 11 Lapsley Street, Dunlop $442,000
- 13/4 Flora Place, Palmerston $338,000
- 208/41 Chandler Street, Belconnen $399,900
- 27/17 Hillcrest Street, Crace $280,000
- 17/36 Frencham Street, Downer $369,950
- 41/ Corner of Eastern Valley Way & Aikman Drive, Belconnen $309,400
- 83/42 Paul Coe Crescent, Ngunnawal $305,000
- 8 Rentoul Place, Flynn $430,000
- 33/299 Flemington Road, Franklin $260,000
- 8 Chilton Street, Casey $610,000
- 2/108 La Perouse Street, Griffith $880,000
- 2/30 Krichauff Street, Page $521,000
- 25 Kavel Street, Torrens $495,000
- 208/48 Cameron Avenue, Belconnen $297,900
- 92/5 Burnie Street, Lyons $537,400
- 37/ John Gorton Drive, Wright $378,990
- 42/ John Gorton Drive, Wright $368,990
MCGRATH
- 162 Roden Cutler Drive, Bonner - $531,000
- 7 Tebbutt Place, Charnwood - $341,000
- 31/53 Eyre Street, Kingston - $446,000
- 25 Hughes Crescent, Ngunnawal - $295,500
- 9 Mt Warning Crescent, Palmerston - $670,000
- 11/36 Watson Street, Turner - $370,000
- 9/36 Watson Street, Turner - $375,000
- Lot 1 69 Victoria Street, Sutton - $600,000
- Lot 3 43 Morning Street, Gundaroo - $300,000
- 161 Wattle Street, O’Connor - $810,000
- 1 Macarthur Avenue, O’Connor - $690,000
- 37 MacPherson Street, O’Connor - $685,000
PETER BLACKSHAW
- 15/18 Booth Street, Queanbeyan East - $240,000
- Derwent Park 29/54 Paul Coe Crescent, Ngunnawal - $307,000
- 6/80 MacGregor Street, Deakin - $310,000
- 5 Wattle Street, Karabar - $317,000
- 123/12 David Street, Turner - $360,000
- 25A Russell Drysdale Crescent, Conder - $362,000
- Outlook 17/11-18 Keith Waller Rise, Casey - $384,900
- 71 Norriss Street, Chisholm - $445,000
- 14 Rymill Place, Mawson - $475,000
- 7 Landells Place, Conder - $490,000
- 67A Burkitt Street, Page - $520,000
- 40 Beasley Street, Pearce - $552,000
- 104 Stanner Circuit, Bonner - $732,463
- 42/71 Giles Street, Kingston - $737,500
- 19 Dalrymple Street, Narrabundah - $787,500
- 5 Beauchamp Street, Deakin - $890,000
IAN MACNAMEE AND PARTNERS
- 22 Park Street, Queanbeyan - $416,000
- 274 Crawford Street, Queanbeyan - $560,000
RAY WHITE
- 4/10 Arthur Street, Crestwood - $155,000
- 101 Castleton Crescent, Gowrie - $455,000
- 3 Woodman Place, Greenleigh - $615,000
- 8 Birch Way, Jerrabomberra - $440,000
- 18 Freestone Crescent, Jerrabomberra - $585,000
- 138 Halloran Drive, Jerrabomberra - $860,000
- 17 Surveyor Street, Queanbeyan - $450,000
- 6/11 Mckeahnie Street, Queanbeyan - $258,000
- 93 Cameron Road, Queanbeyan - $400,000
- 10/7-9 Waterloo Street, Queanbeyan - $395,000
- 5/3 Geebung Place, Queanbeyan - $440,000
