Canberra auctions: Canberra shakes off the winter chill as buyers turn up the heat

Canberra’s auction market has sprung back, with owner-occupiers and investors breathing life back into the city.

Luton Properties Tim and Justine Burke sold the impressive four-bedroom residence at 13 Holman Street, Curtin, under the hammer on Saturday for $2.42 million.

Tim Burke said it was a great, well-built home that attracted strong numbers at inspections and four registered bidders on the day.

Built by Turbo Construction, the cleverly designed home features an entrance foyer with a four-metre-high ceiling. Accommodation offers expansive formal and informal living and dining areas, four bedrooms and two bathrooms, plus an outdoor entertainment area boasting a heated swimming pool and a kitchen with a barbecue and pizza oven.

Set on a 782-square-metre block, the distinctive residence is within walking distance of local schools and shops.

Belle Property Canberra’s Bree Currall sold the four-bedroom, two-bathroom house at 12 Looranah Street, Narrabundah, the day before Saturday’s scheduled auction for $1.235 million.

“We had interest from owner-occupiers looking to renovate, but the property sold to an investor who will eventually rebuild on the site.

“We’re starting to see more interest from investors,” she said.

On a 684-square-metre block, the home’s floor plan offers a bright open-plan living and dining area with a wood-burning fireplace, a well-appointed kitchen, a main bedroom with a built-in robe, a spacious entertaining deck and a lock-up garage.

The property’s appeal is its convenient location. It is a short stroll from local shops and popular amenities in nearby Griffith, Manuka, and Kingston. It is also close to expansive parklands, including Rocky Knoll Park and the Narrabundah Wetlands, top-tier public schools such as Red Hill Primary and Narrabundah College, and many coveted private schools.

Ray White Canberra’s Lucia Marzano sold the stylish three-bedroom townhouse at 21/6 Tauss Place, Bruce, under the hammer on Saturday for $930,000.

Marzano said there were two buyers bidding for the property, which was sold to an owner-occupier.

The two-storey executive-style townhouse is located in the Summerlin complex and includes a spacious living and dining area, a gourmet kitchen, two bathrooms, an outdoor entertainment area with a heated plunge pool, two courtyards and a double garage.

The property is located near the University of Canberra and ANU, Calvary Hospital, Belconnen Town Centre, and the City Centre, plus an array of popular cafes, restaurants and shopping centres.

On Friday, Ray White Canberra’s Kevin Bi sold the two-bedroom, two-bathroom apartment at 108/20 Allara Street, City, for $720,500.