Ngunnawal, Watson and Amaroo among the Canberra suburbs that set new house price records in 2021 | Canberra Times

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Once a rare and honored event, records in suburban house prices became almost a weekly event in Canberra when the real estate market soared in 2021. In every pocket of the ACT, houses were sold for record sums. Here are just a handful of the new price benchmarks that were set in the last 12 months. In Ngunnawal, a five-bedroom house was sold for $ 2,450,000, breaking the previous suburban record of more than $ 1 million. The sellers of 19 Tanderra Crescent, Ngunnawal, had spent more than two decades creating their dream family home on the 1,418-square-foot block they purchased in 1997 for $ 79,000. Seller Kris Hellier of McGrath Canberra said it was one of the busiest auctions he had ever hosted, with a crowd of more than 130 people showing up for the sale. “There’s always one street in every suburb that’s just a standout, and Tanderra Crescent is that. [suburb price] record for the last four and a half years for another home, “he said. A five-bedroom home in Hackett was sold for a record price in late November, entering the market for the first time since the property was completed in 1966. Located on approximately 1,200 square feet of land backing up the Mount Majura Nature Reserve, 103 Mackenzie Street was sold for $ 2.12 million to a local buyer, and sales agents Aniko and Peter Carey of Luton Properties Dickson said seven Canberra buyers were registered to bid. “I would say four of them were from Hackett who wanted to upgrade,” Carey said. “Once in Hackett, they will not go again.” This year was a year of significant growth for Hackett, with the suburb occupying its first property sale over $ 2 million in April.Designed by the late Dirk Bolt, a five-bedroom Curtin property that was sold in December for $ 2.9 million.Described as a country-like home, 90 Dunstan Street contained two master bedrooms plus a cell wing with separate kitchen, bathroom and bedroom. The sale came a few weeks after 35 James Place, Curtin sold for $ 2.8 million after just 15 days on the market. Griffith has seen a handful of huge sales this year, most notably the sale of 2 Grant Crescent for what is believed to be more than $ 6.4 million at the end of November. The sale broke the suburban record and also ACT’s record for the highest selling price at an auction. A five-bedroom home in Watson broke the suburban record in November, when 18 Stow Place sold for $ 2.31 million. The 831-square-foot block last changed hands in 2018 for $ 760,000, according to CoreLogic. The newly built five-bedroom house was completed in 2019. Just two months earlier, neighbors were amazed when a five-bedroom house was sold in Watson for $ 1,803,000. A five-bedroom house in Amaroo was sold before the auction for $ 1.67 million in September to a couple of locals in Canberra who had only seen the property online. It surpassed the previous record sale, which was $ 1.4 million for a five-bedroom home on the same street, which was sold in 2017. Amaroo, which sat on a 791-square-foot block in a prime location overlooking Yerrabi Pond, 55 Diamond Street, has almost doubled in price since it was last sold in 2014 for $ 885,000. A five-bedroom house on 4 Oodgeroo Avenue, Franklin, set a suburban record in October. It was sold at auction for $ 1.955 million, but the high price came as no surprise to sales agent Anish Sebastian of Confidence Real Estate. “I was 100 percent sure it would set a new record because it’s a landmark home that really stands out,” he said. On the outskirts of ACT, a four-bedroom property in Sutton was sold for $ 4,855,000 at auction in December. The sale campaign ran for just two weeks before the house went up for auction with two eager bidders. Less than a 30-minute drive from Canberra’s CBD, the property features a lagoon pool, tennis court, orchard, three dams and folds. It marks the highest selling price for a house in the village of NSW, surpassing the previous record of $ 4.4 million for a 90-acre property that was sold in June. In October, a seven-bedroom Calwell house was sold for $ 1.38 million, surpassing the previous record of $ 1.27 million. The home on 105 O’Connor Circuit was previously owned by a group of investors who said the property had been leased for nearly a decade and at one point was occupied by the U.S. ambassador to Australia. A new suburban record was set in Banks when investors bought a four-bedroom house for $ 1.47 million. The property at 23 Wittunga Crescent was on the market for about a week when a local buyer made a winning bid. The property was built in 2015 after the original home was extensively damaged in a house fire in 2014. It was last sold in 2019 for $ 980,000. Our journalists work hard to deliver local, up-to-date news to the local community. Here’s how you can continue to access our trusted content:


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