Auction watch: High demand for high-end homes in Canberra's inner south

The second weekend of the busy spring season brought a string of million-dollar sales and a suburb record to the nation’s capital.

Most of the big sales were exchanged in the prestigious inner south where apartments, dual occupancies and large family homes alike were hotly contested.

A penthouse apartment in Barton attracted five registered bidders and sold for $1.36 million under the hammer through Philip Kouvelis Real Estate.

Agent Philip Kouvelis said there were limited penthouses available in Canberra and they attracted strong interest when they hit the market.

“The buyers are there, it’s just a question of finding the homes,” Mr Kouvelis said.

Number 54/47 Blackall Street was positioned on the fifth floor of the Landmark development with a huge wraparound balcony and magnificent water views.

“It’s right on the point of the complex with sweeping, expansive views swinging around from Manuka, Kingston, the airport and Russell, towards the city,” Mr Kouvelis said.

A five-bedroom house at 36 Norman Place in Deakin attracted seven registered bidders and sold for $1.76 million through Peter Blackshaw Manuka agent Linda Lockwood.

36 Norman Place, Deakin. Photo: Supplied

Solar passive features, Black Mountain views and a renovated kitchen were among the draw cards.

• Related: Downer residence offers modern living
• Related: Downer record smashed by more than $300,000
• Related: Watson auction among first spring sales

The biggest sale of the day was a dual occupancy in Forrest, which sold for $1.71 million through LJ Hooker Manuka principal Stephen Thompson.

2/39 Tasmania Circle, Forrest. Photo: Supplied

The single-level residence at 2/39 Tasmania Circle was designed to capture views across Collins Park and featured a mix of formal and informal entertaining areas, as well as landscaped gardens.

North of the lake, a suburb record was smashed in Downer when a brand new home at 30 Swinden Street sold for $1,385,000 through Belle Property Kingston agent Rob Cappuccio.

30 Swinden Street, Downer. Photo: Supplied

About 100 people and five registered bidders gathered at the redeveloped Mr Fluffy block to watch the home top the record by more than $300,000.

The house was among 57 Canberra properties scheduled for auction on Saturday.

It contributed to a clearance rate of 71 per cent, according to Domain Group data, up from last week’s 66 per cent.

For a full list of Canberra’s Saturday auction results, click here.