October 29: case study

Colin and Rita Maclachlan were thrilled with the result when their family home in Forrest went under the hammer in May.

The downsizers had lived in the Arthur Circle property for 30 years and made the decision to sell when they found their ideal townhouse in the same suburb.

After a three-week marketing campaign through Peter Blackshaw Manuka, the four-bedroom house sold at auction for $2,094,000.

“We were delighted with the result,” Mr Maclachlan said.

“We were told that we would get $2 million-plus and that’s precisely what we got.”

The beautifully presented 1930s home had been substantially renovated, while its dress circle location within walking distance of Manuka was another major drawcard.

Arthur Circle is 2016’s standout street, with four $2 million-plus sales. Two of the sales achieved a price north of $3 million.