Canberra auctions: Prior-to-auction sales persist despite soft conditions

Despite sluggish sales and a market firmly tilted in buyers’ favour, well-presented properties are still achieving strong prices, with some snapped up before auction. Others are taking longer to sell as buyer sentiment remains cautious.

On Saturday, Momentum Property’s Tim and Justine Burke sold the tastefully updated four-bedroom residence at 27 Zox Circuit, Calwell at auction for $1.25 million.

Tim Burke said they had strong interest from several conditional buyers, with an upsizer ultimately securing the sale.

Set on an elevated 744-square-metre block, the immaculate property features two separate living and dining zones, a main bedroom with an en suite, a rumpus room, a self-contained apartment, plus a double garage.

Elsewhere on Saturday, The Agency’s Stu Hamill said they had conditional interest in the stylishly presented three-bedroom house at 13 Fowles Street, Weston, which was passed in. The property is on the market for around $1 million.

Positioned on a generous 768-square-metre site, the versatile house offers formal and casual living and dining areas, a separate self-contained studio, an outdoor entertainment area, an in-ground swimming pool, plus parking for four cars.

In Curtin, home.byholly’s Rick and Tina Meir, sold the three-bedroom house at 15 Collier Street prior to auction for $1.285 million. The property had a quoted price of more than $1.2 million.

Tucked away in a quiet loop street, the sun-filled house has separate living and family rooms, dining, a study, a main bedroom with an updated en suite, a family bathroom and a garage with storage.

In Evatt, Marq Property’s Nik Brozinic sold the impeccably maintained four-bedroom residence at 72 Sharwood Crescent prior to its September 12 auction for $1.19 million. Set on a generous 842-square-metre site, the well-presented house offers formal sitting and living rooms, a kitchen with a spacious dining area, a main bedroom with en suite, a study or fifth bedroom, a lower-level rumpus room, and a double carport.

Michael Potter Real Estate’s Alisa Lawrence sold the well-presented four-bedroom house at 46 Wagga Street, Farrer, prior to auction for $1.3 million. The charming house sits on a north-facing block of 1110 square metres and offers a generously proportioned floor plan with formal and casual living and dining spaces plus a double garage. It was the first time the property had been on the market in 52 years.

On Wednesday, Belle Property Canberra’s Andrew White sold the distinctive four-bedroom house at 36 Miller Street, O’Connor, under the hammer for $2.85 million. Nestled on an 836-square-metre block in a tightly held street, the striking house features an expansive living and dining space, a rumpus room and a first-floor main suite with a walk-in wardrobe, en suite, sitting area and a separate office.