Yarralumla's record auction sale on Hunter Street

A Yarralumla mansion - with pool and tennis court on a 2286 sqm block - sold for $5,475,000 at auction on Sunday.

The initial price guidance had been $3.8 million plus. Property Observer gathers the block had cost $750,000 in 2001 with the 580 sqm home built around 2005.

Peter Blackshaw Real Estate agent Mario Sanfrancesco secured the sale of the five-bedroom, four-bathroom residence near Lake Burley Griffin which was bought by a Canberra family.

The sale of 12 Hunter Street is the territory’s third-highest house sale, behind two properties on the exclusive Mugga Way in Red Hill.

But the sale is the highest under the auction hammer exceeding a sale set in June at $3.95 million at 16 Brown Street, Yarralumla. There was an earlier auction record in 2014 when a home at Mugga Way in Red Hill sold for $3.4 million.

Canberra’s highest residential sale was when at 27 Mugga Way in Red Hill sold for $7.3 million in 2010, which was closely challenged by 20 Mugga Way which sold for $7.2 million in 2014.

Hunter Street's most recent sale was when the former ACT Brumbies captain Stephen Moore sold his Canberra family home.