Waramanga home sells prior to auction for $2.001m

Strong results are still being recorded in Canberra’s most tightly held suburbs, with the impressive four-bedroom residence at 5 Alura Place in Waramanga selling prior to auction for $2.001 million.

The campaign drew immediate interest, with more than 40 groups attending just two open homes and four offers submitted after the first inspection.

Selling agent Miriana Cavic of Luton Properties said the market response was swift and competitive from the outset.

“We had over 40 groups through just two open homes and received four offers straight after the first inspection,” Cavic said. “The price exceeded the reserve, which shows how strong demand is for quality homes in tightly held pockets like Waramanga.”

Both of the leading buyers were already familiar with the area, reinforcing the suburb’s strong local appeal.

“The two strongest buyers were both from the area, one upsizing and the other downsizing,” she said. “They’ve lived in Weston Creek for a long time and have family nearby, which highlights how tightly held the suburb is.”

Cavic said the home’s presentation played a significant role in the outcome.

“The home was immaculate and essentially new, which created great competition,” she said. “It is a very family-friendly area, and buyers are willing to pay a premium for something that is move-in ready.”

Set on an 810-square-metre block in a quiet cul-de-sac, the house offers modern family living with open-plan spaces, a separate lounge, and a dedicated study. A contemporary kitchen with premium appliances and a butler’s pantry connects to a covered al fresco area and pool.

Allhomes data shows the median house price increased 9.7 per cent over the past year to $965,000. Domain’s House Price Report for the March quarter of 2026 recorded a 27.2 per cent increase over five years.