Spring has sprung for Canberra's property market with strong auction results reported on Saturday.
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More than half of the properties scheduled for auction sold and four of them went for more than $1 million.
The highest sale for the day was for a classically beautiful home at 26 Bavin Street in Curtin which fetched $1.56 million.
The elegant French provincial-style home was spread over three levels and featured opulent hardwood ceilings, high ceilings and full-length windows.
The standout feature was an alfresco lounge area with an in-built barbecue set around a water feature, leading to the covered dining and lounge area.
The home had a swimming pool and backed a nature reserve.
Independent Property Group auctioneer Andrew Potts accepted an opening bid on the property of $900,000 before about another 15 bids were placed by another four parties.
The home was declared on the market at $1.56 million and it sold under the hammer with no further bids placed.
Agent Jonathan Charles from Independent Property Group Woden and Weston Creek said there had been about 12 parties registered for the auction and the home had sold for above expectations.
He said about 180 groups had inspected the property through the campaign.
Mr Charles said there were plenty of buyers around for excellent family properties.
"For quality homes the market is extremely strong," he said.
"I think we're heading for a big spring."
Earlier in the day a home on a large block of land opposite Canberra Boys Grammar sold $275,000 above reserve for $1.4 million.
The home at 15 Golden Grove, Red Hill was offered for the first time in 55 years and was on a flat, almost-1600 square metre block.
Peter Blackshaw auctioneer Mario Sanfrancesco took an opening bid of $900,000 for the property before bids climbed in $10,000 until the $1 million mark.
About five bidders continued to place bids on the home until it sold under the hammer for $1.4 million.
Peter Blackshaw Manuka agent Louise Harget said strong bidding by several parties had the home sell for well above expectations.
She said the buyers were planning to demolish the home and build a new one on the sizeable block of land.
Ms Harget said the under-bidders were Chinese investors from Sydney who had flown to Canberra on Saturday morning to see the house for the first time.
A newly renovated art deco home at 5 Evans Crescent in Griffith sold under the hammer for $1.21 million.
There were two registered bidders for the solid brick home, which had been architecturally designed.
The fourth million-dollar plus sale for the day was for a four-bedroom quality family home at 6 Wylie Street in Narrabundah.
It featured a large entertaining deck, a swimming pool, and had views to Red Hill Nature Reserve.
CORRECTION
Last Sunday's Auction Watch column incorrectly stated that 15 Cornelian Place in Lyons sold after it passed in at auction. This was a production error. The property remains on the market by negotiation.
AUCTION RESULTS
LJ HOOKER
8 Abercrombie Circuit, Banks – sold for $465,000
48 Kerrigan Street, Fraser – sold for $477,500
17 Aurora Close, Mawson – sold for $600,000
29 Anna Morgan Circuit, Bonner – passed in
22 Donoghue Crescent, Queanbeyan – passed in
32 Devonport Street, Lyons – sold for $507,500
PETER BLACKSHAW
15 Golden Grove, Red Hill – sold for $1,400,000
46 Bendigo Street, Fisher – sold for $524,000
1 Kirwan Circuit, Stirling - $675,000
5 Evans Crescent, Griffith – sold for $1,210,000
16 Goble Street, Hughes – passed in
8 Allan Street, Curtin – passed in
INDEPENDENT PROPERTY GROUP
14 Wettenhall Circuit, Calwell – passed in
17 Crozier Circuit, Kambah – sold for $512,500
9 Allwood Street, Chifley – sold for $520,000
26 Bavin Street, Curtin – sold for $1,560,000
LUTON PROPERTIES
32 Bywaters Street, Amaroo – sold for $545,000
14 O'Sullivan Street, Higgins – sold for $375,000
10 Lynd Place, Downer – sold for $916,000
62 Range Road, Bungendore – passed in
54 Wattle Flat Road, Sutton – passed in
37 Olympus Way, Lyons – sold prior for $605,000
6 Wylie Street, Narrabundah – sold for $1,050,000
15 Augusta Place, Amaroo – passed in
4 Gore Street, Higgins – passed in
11 Gleadow Street, Evatt – sold for $460,000
22/46 Paul Coe Crescent, Ngunnawal – passed in
39 McNicoll Place, Hughes – sold for $607,000
MIDWEEK
4 Endeavour Street, Red Hill – sold for $982,000
PRD NATIONWIDE
7 Renmark Street, Duffy – sold for $688,000
1/311 Flemington Road, Franklin – passed in
MCGRATH
74 Dunstan Street, Curtin – sold for $913,000
1/28 Wongoola Close, O'Connor – passed in
ELDERS
14 Daglish Street, Curtin – sold for $725,150
5/9 Jinka Street, Hawker – sold for $506,000
1 Line Place, Weetangera - sold for $662,000
26 Liverpool Street, Macquarie – sold for $615,000
ONE AGENCY
5/2 Marr Street, Pearce - passed in
RAY WHITE
23 Attiwell Circuit, Kambah – passed in
RECENT SALES
LUTON PROPERTIES
94 Jabanungga Avenue, Ngunnawal - $426,000
7 Timbarra Crescent O'Malley - $1,233,000
3 Carrington Street, Deakin - $975,000
1538 Sutton Road, Sutton - $850,000
3 Jenks Place, Evatt - $575,000
376 Anthony Rolfe Avenue, Harrison - $770,000
9 Johnson Place, Farrer - $650,000
1/8 Scoble Place, Mawson - $637,500
3 Trigg Place, Kambah - $475,000
4 Endeavour Street, Red Hill - $982,000
21 Maclachlan Street, Holder - $440,000
20 Hunter Street, Yarralumla - $1,360,000
9 Attwood Close, Gordon - $425,000
18 Luffman Crescent, Gilmore - $546,500
9/102 Julia Flynn Avenue, Isaacs - $610,000
3 Stillwell Place, Mawson - $545,000
22 Caldwell Street, Hackett - $589,000
17 Moonlight Avenue, Harrison - $470,000
47 Brittlebank Circuit, Banks - $339,000
33 Dargie Street, Weston - $540,000
Lot 10 DP1,185,443, Bungendore - $245,000
18 Kiewa Street, Kaleen - $645,000
6 Dickinson Street, Watson- $617,500
16/17 Helemon Street, Braddon - $525,000
41 Nambucca Street, Kaleen - $500,000
16 Wighton Terrace, Casey - $685,000
MCGRATH
74/46 Kings Canyon Street, Harrison - $387,000
33 Nirta Drive, Murrumbateman - $905,000
7/36 Watson Street, Turner - $370,000
6/4 Annie Douglas Street, Casey - $338,000
10/17 Blackall Avenue, Crestwood - $382,500
8 Verran Place, Curtin - $701,000
49 Kingsmill Street, Kambah - $420,000
5/15 Yass Road, Queanbeyan - $185,000
13 Guthridge Crescent, Wanniassa - $360,000
PETER BLACKSHAW
6/24 Booth Street, Queanbeyan East - $330,000
7/14 Len Waters Street, Ngunnawal - $338,000
11 Yerrabi Place, Ngunnawal - $410,000
131/35 Giles Street, Kingston - $415,000
2/1 Burnum Burnum Close, Bonner - $473,000
44 Broadbent Street, Scullin - $475,000
53/98 Corinna Street, Phillip - $483,000
131 Burrinjuck Crescent, Duffy - $485,000
8 Haskett Place, Kambah - $506,000
14 Lochiel Street, Karabar - $585,200
28 Prendergast Street, Curtin - $613,000
1 Appleford Avenue, Jacka - $615,000
53 Devonport Street, Lyons - $615,000
34/7 Sydney Avenue, Barton - $618,000
104 Micalago Road, Michelago - $700,000
1 Lamble Place, Oxley - $767,000
4/52 Bandjalong Crescent, Aranda - $850,000
87 Shumack Street, Weetangera - $901,000
INDEPENDENT PROPERTY GROUP
3 Flora Bassett Street, Franklin $656,000
20 Threlfall Street, Chifley $595,000
53 Macfarlane Burnet Avenue, Macgregor $541,000
24 Lambrick Lane, Casey $354,950
48 Stewart Crescent, Melba $505,000
10 Edna Thompson Crescent, Casey $500,000
66/68-70 Kings Canyon Street, Harrison $400,000
6 Rickman Street, Forde $605,000
8 Tatchell Street, Calwell $578,000
