Canberra auctions off to a flier

Canberra auctions off to a flier
Canberra auctions off to a flier

More than 100 registered bidders attended an auction event in Canberra last week.

There were 29 properties for auction with 22 selling under the hammer, reflecting a 76% clearance rate.

Out of the offering only one came without a registered bidder.

Five of the homes had more than seven registered bidders after more than 1000 inspections of the auctioned Ray White homes were undertaken.

Prices ranged from $430,000 to $1,452,500 including 15 Hakea Crescent, O’Connor (pictured above) with the four-bedroom 2009 home the highest result.

The $430,000 sale was a 150 sqm three bedroom Narrabundah apartment that had previously sold in 2003 at $285,000.

It was sold as a $420 a week rental until September. It had been initially listed with $475,000 hopes last year.

Tags: 
Auctions Canberra

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