12 Pullen Street, Narrabundah ACT Sold for $ 1,377,000 in Canberra Auctions | Canberra Times

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A young Canberra family are the new owners of a completely renovated duplex in Narrabundah, after presenting the top bid of $ 1,377,000 over the weekend. They were among about a dozen registered bidders present at the auction on 12 Pullen Street on Saturday. More than 200 groups inspected the three-bedroom house during its four-week sales campaign, led by Lauren Laing and Will Honey of The Property Collective. MORE REAL ESTATE NEWS: On Saturday, bidding started at $ 1.05 million and rose in increments of $ 50,000 before quickly reaching $ 1.3 million. Mrs Laing said the final bid was made by a local Canberra family who had been looking for their next home for some time. “They were actually under bidders on about eight properties … so they were extremely keen to get this one,” she said. “It was a young family, which was really nice to pass this house on to such a one.” The separate title duplex was renovated about five years ago and now boasts a modern galley kitchen, hardwood floors throughout, ducted air conditioning and two outdoor decks. Following the renovation, the home changed owners in 2018 for $ 917,500. “What people really loved is that it was a turnkey home – internally, externally, everything was done. While in Narrabundah at the moment, many houses that are for sale need a little work,” Laing said. “I think that was what attracted a lot of people and it just had a really beautiful feeling of home.” Ms Laing said the home is considered an entry level property in Narrabundah, where the median house price is currently $ 1,223,000, according to CoreLogic. She expects fully renovated homes like this to be in high demand by 2022. “I think quality homes [are] still what people are really looking for. Of course there [are] “There will be people out there who want to add details to a home, but I think turnkey homes will always bring in big numbers,” she said. Narrabundah sales were among 79 homes put up for auction in Canberra in The preliminary closure rate was 82 percent. The auctions returned in large numbers across the country, with 1,160 homes auctioned in the combined capitals, compared to just 436 last week. This time last year, only 884 homes went under the hammer. across the combined capitals.Our journalists work hard to deliver local, up-to-date news to the community.How to continue accessing our trusted content:



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