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While thousands of Canberrans remain in lockdown for the near future, it seems as though virtual house hunting on Zango has provided for the perfect escapism.A picturesque cottage in Wallaroo that was listed with Zango and Ray White drew in 80 groups for inspections, 9 registered bidders for a virtual auction, and a staggering sale price of $1.925 million.<img alt="44 Holmwood Road WALLAROO, NSW 2618" class="richtext-image full-width" height="447" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-18_at_9.00.34_am.width-800.png" width="800">Listed with <a href="https://zango.com.au/agents/mark-johnstone/" rel="nofollow" target="_blank">Mark Johnstone</a> of <a href="https://zango.com.au/agencies/ray-white/" rel="nofollow" target="_blank">Ray White Canberra,</a> the impressive sale of <a href="https://zango.com.au/sale/44-holmwood-road-wallaroo-nsw-2618-44343/" rel="nofollow" target="_blank">44 Holmwood Road</a> in Wallaroo is indictive of the high demand for property in Canberra – lockdown or no lockdown.“It was an outstanding outcome for how Ray White and Zango team up to achieve outstanding results,” said Mr Johnstone.No. 44 Holmwood Road was due to have an in-person auction on 12 August at 5pm, but the ACT Government’s snap lockdown announcement put a spanner in the works.“The announcement came in the afternoon and by 2pm we came up with a solution to still be able to have the lockdown and comply with the rules,” said Mr Johnstone.“The auction kicked off without any hitches, the bidding commenced, and people fought it out.”“It was an extremely busy and chaotic couple of hours.”The idyllic three-bedroom cottage ended up selling for nearly 30 per cent more than the set reserve price.<img alt="44 Holmwood Road WALLAROO, NSW 2618" class="richtext-image full-width" height="529" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-18_at_8.59.33_am.width-800.png" width="800">Mr Johnstone was amazed at the outcome of the highly anticipated auction and said the Ray White team was prepared for the shift to an online auction.“Even last year when Covid restrictions lifted, we continued to offer the option of remote bidding and live streaming auctions,” he said.“Even within days of the lockdown being announced we had buyers who were bidding remotely so we were very well versed and prepared.”According to <a href="https://zango.com.au/sale/44-holmwood-road-wallaroo-nsw-2618-44343/" rel="nofollow" target="_blank">Zango data</a>, the property was last on the market in 2007 when it sold for $790,000. <a href="https://zango.com.au/research/suburb/wallaroo-nsw-2618/" rel="nofollow" target="_blank">Wallaroo</a> has a current median sale price of $1.2 million. This is a drastic increase from last year when the median sale price was just $300,000.<img alt="44 Holmwood Road WALLAROO, NSW 2618" class="richtext-image full-width" height="529" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-18_at_8.59.43_am.width-800.png" width="800">The property itself is situated on approximately 25 acres in the Hall region and about a seven-minute drive to Canberra.Newly renovated, the three-bedroom home combines the ideal rural lifestyle with the benefits of the city nearby. Original features have been retained – including an expansive veranda, original open fireplace and high ceilings.And if these original features aren’t enough to add to the charm – a full sized Yurt is located at the front of the property. What is a yurt? I’d be lying if I said I didn’t have to look it up.“A Yurt is basically a studio room that doesn’t have any bathrooms or kitchens in it,” said Mr Johnstone. At No. 44, the former owners used the Yurt as a teenager retreat.<img alt="44 Holmwood Road WALLAROO, NSW 2618" class="richtext-image full-width" height="530" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-18_at_9.00.12_am.width-800.png" width="800">Mr Johnstone said that a key selling feature that attracted such popularity by active buyers was the land, location and views on offer.“The property is closer to Civic that some of the Tuggeranong suburbs,” he said.There is even an historic train carriage adjoined to the property that is suitable as an additional living space, accommodation for visitors or an opportunity to run an Airbnb.<img alt="44 Holmwood Road WALLAROO, NSW 2618" class="richtext-image full-width" height="533" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-18_at_8.59.56_am.width-800.png" width="800">Mr Johnstone said that despite the latest lockdown, interest from people wanting to enter the Canberra property market has remained high.“Enquiries are continuing to flood through as they have been all year and we are responding to them as quickly as we can,” Mr Johnstone said.And at this rate – house hunting online for the perfect home on the outskirts of Canberra seems like the ideal lockdown activity…even if it is just to browse.

100yr old cottage smashes reserve price as online auctions defy lockdown

The online auction format did not scare the hundreds of active buyers across Canberra logging in and outbidding each other at auction over the weekend.Among the ACT properties sold online this weekend is a dual-occupancy home at <a href="https://zango.com.au/sale/16-kneeshaw-street-monash-act-2904-45580/" rel="nofollow" target="_blank">16 Kneeshaw Street</a> in <a href="https://zango.com.au/research/suburb/monash-act-2904/" rel="nofollow" target="_blank">Monash</a> that sold for $191,000 above the median suburb price on Saturday.<img alt="16 Kneeshaw Street MONASH, ACT 2904" class="richtext-image full-width" height="535" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-16_at_12.48.54_pm.width-800.png" width="800">The four-bedroom property was listed with <a href="https://zango.com.au/agents/maria-selleck/" rel="nofollow" target="_blank">Maria Selleck</a> of <a href="https://zango.com.au/agencies/maria-selleck-properties/" rel="nofollow" target="_blank">Maria Selleck Properties</a>, who worked hard leading up to the online auction making sure everything went smoothly on the big day.Ms Selleck’s hard work paid off, with four active bidders fighting it out for the spacious, single-level home.According to Ms Selleck, bidding increments went from $5,000, $2,000, to $1,000, and $500 before the property went under the virtual hammer for $816,000.“This was a great outcome and both my clients as well as the buyers are ecstatic, which is the most important thing,” said Ms Selleck.Across the bridge, a competitive online auction was underway at <a href="https://zango.com.au/sale/19-dickinson-street-watson-act-2602-45918/" rel="nofollow" target="_blank">19 Dickinson Street</a> in <a href="https://zango.com.au/research/suburb/watson-act-2602/" rel="nofollow" target="_blank">Watson</a>.<img alt="19 Dickinson Street WATSON, ACT 2602" class="richtext-image full-width" height="532" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-16_at_12.49.50_pm.width-800.png" width="800">Listed with <a href="https://zango.com.au/agents/maree-van-arkel-2/" rel="nofollow" target="_blank">Maree Van Arkel</a> and <a href="https://zango.com.au/agents/megan-van-arkel-2/" rel="nofollow" target="_blank">Megan Van Arkel</a> of <a href="https://zango.com.au/agencies/ray-white/" rel="nofollow" target="_blank">Ray White Canberra</a>, the three-bedroom home in Canberra’s north was extremely popular with online buyers and sold for $1.435 million.“We had seven registered bidders and bidding started straight away and just did not stop,” Ms Maree Van Arkel said.“I was blown away”.Six out of the seven registered bidders competed for the idyllic property, with one person from Sydney bidding for the home without seeing it in person.The property sits on a large 842sqm block and was last on the market almost 40 years ago. Features include large bedrooms, an open plan kitchen, dining and living area, and hydronic heating throughout.“It’s such a nice home in an extremely lovely spot in Watson,” Ms Maree Van Arkel said.“You are close to schools, shops, a park across the road – it really is an immaculate property”.According to <a href="https://zango.com.au/agencies/ray-white/" rel="nofollow" target="_blank">Ray White Canberra</a>’s Auctioneer and Sales Director, <a href="https://zango.com.au/agents/alec-brown/" rel="nofollow" target="_blank">Alec Brown</a>, <a href="https://zango.com.au/agencies/ray-white/" rel="nofollow" target="_blank">Ray White Canberra</a> had six online auctions over the weekend and a clearance rate of 100 per cent.One of Ray White’s successful online auctions was <a href="https://zango.com.au/sale/16-mackennal-street-lyneham-act-2602-45305/" rel="nofollow" target="_blank">16 Mackennal Street</a> in <a href="https://zango.com.au/research/suburb/lyneham-act-2602/" rel="nofollow" target="_blank">Lyneham</a>. The four-bedroom inner-north property saw five registered bidders compete in a fierce online auction, before selling well above expectations under the virtual hammer.<img alt="16 Mackennal Street LYNEHAM, ACT 2602" class="richtext-image full-width" height="534" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-16_at_12.51.31_pm.width-800.png" width="800">“This home was an excellent opportunity to get into the inner north and the block was well positioned on a slightly elevated block,” said Mr Brown.“We were confident the property would sell, and the online forum certainly had no negative impact whatsoever – in fact I would argue we would have had the same results had the auction been onsite.”Mr Brown said Ray White Canberra was prepared for lockdown and said that despite auctions being online, buyers get the benefits of a regular auction from “the comfort of their own home”.“We are seeing now with online auctions that there is an ability for people who are not just locals to Canberra to easily participate and compete…if anything online auctions broadens the audience,” said Mr Brown.Eager house hunters also flocked online to see three properties listed with <a href="https://zango.com.au/agencies/mcgrath-canberra" rel="nofollow" target="_blank">McGrath Canberra</a> go under the virtual hammer.No. <a href="https://zango.com.au/sale/27-ulm-street-scullin-act-2614-45489/" rel="nofollow" target="_blank">27 Ulm Street, Scullin</a> sold for $845,000, No. <a href="https://zango.com.au/sale/6-taber-place-isaacs-act-2607-45488/" rel="nofollow" target="_blank">6 Taber Place, Isaacs</a> sold for $1.471 million, and No. <a href="https://zango.com.au/sale/19-handcock-crescent-macgregor-act-2615-45487/" rel="nofollow" target="_blank">19 Handcock Crescent</a> in Macgregor sold for $1.261 million. All three properties sold above their reserve prices.&quot;Our Auctioneer Hugh Rainger did an absolutely amazing job and our team along with Zango were able to adapt to the changes very quickly,&quot; said McGrath Canberra&#x27;s <a href="https://zango.com.au/agents/natalie-kokic-schmidt/" rel="nofollow" target="_blank">Natalie Kokic Schmidt.</a>And finally, a standout online auction occurred further north at <a href="https://zango.com.au/sale/42-shannon-circuit-kaleen-act-2617-45262/" rel="nofollow" target="_blank">42 Shannon Circuit</a> in <a href="https://zango.com.au/research/suburb/kaleen-act-2617/" rel="nofollow" target="_blank">Kaleen</a>.<img alt="42 Shannon Circuit KALEEN, ACT 2617" class="richtext-image full-width" height="533" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-16_at_12.52.46_pm.width-800.png" width="800">Listed with <a href="https://zango.com.au/agents/charles-blackney/" rel="nofollow" target="_blank">Charles Blackney</a> and <a href="https://zango.com.au/agents/rachelle-french/" rel="nofollow" target="_blank">Rachelle French</a> of <a href="https://zango.com.au/agencies/luton-belconnen/" rel="nofollow" target="_blank">Luton Belconnen</a>, this four-bedroom home sold for $1.205 million under the virtual hammer, $150,000 above reserve.According to <a href="https://zango.com.au/agencies/luton-manuka/" rel="nofollow" target="_blank">Luton Propeties</a> Chief Auctioneer and Head of Sales, Craig Sheargold, Luton Properties averaged nine bidders across its eight auctions on Saturday and had a clearance rate of 100 per cent.“Last month we had 54 auctions with six-and-a-half bidders per auction,” said Mr Sheargold.“We are very happy to see the average number of bidders increase.”“There is clearly an enormous appetite for buyers to purchase homes and the online platform, from my point of view, makes it easier for them to bid from the privacy of their own home.”Speak to your local agent to get the latest information as the COVID-19 situation continues to evolve.

Canberra’s online auction results

Canberra may be in lockdown but online auctions are still going ahead on Saturday.Here are some homes in Canberra going under the virtual hammer this weekend:<h2 data-block-key="bbc71">6 Kirby Place, Oxley</h2><img alt="6 Kirby Place OXLEY, ACT 2903" class="richtext-image full-width" height="532" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-13_at_3.13.26_pm.width-800.png" width="800">This four-bedroom home in <a href="https://zango.com.au/research/suburb/oxley-act-2903/" rel="nofollow" target="_blank">Oxley</a> is going under the virtual hammer tomorrow at 10am.Listed with <a href="https://zango.com.au/agents/mark-mccann/" rel="nofollow" target="_blank">Mark McCann</a> of <a href="https://zango.com.au/agencies/mccann-properties/" rel="nofollow" target="_blank">McCann Properties</a>, <a href="https://zango.com.au/sale/6-kirby-place-oxley-act-2903-45464/" rel="nofollow" target="_blank">6 Kirby Place</a> is a modern family home with two bathrooms, a home office and two outdoor decks.Mr McCann said interest is high ahead of the online auction tomorrow.“I have got quite a few bidders already registered,” he said.“It is too late to cancel and I wouldn’t want to.”Mr McCann said that his previous success in online auctions is reassuring home owners.“I have done online auctions before and had successful results so I am confident in providing options to people,” he said.“At the end of the day, people want to buy and sell houses and whether that’s done online or on the front lawn, you’re still buying a house and walking away with keys.”<h2 data-block-key="19o54">19 Dickinson Street, Watson</h2><img alt="19 Dickinson Street WATSON, ACT 2602" class="richtext-image full-width" height="530" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-13_at_3.12.10_pm.width-800.png" width="800">This three-bedroom home in <a href="https://zango.com.au/research/suburb/watson-act-2602/" rel="nofollow" target="_blank">Watson</a> is going under the virtual hammer tomorrow at noon.Listed with <a href="https://zango.com.au/agents/maree-van-arkel-2/" rel="nofollow" target="_blank">Maree Van Arkel</a> and <a href="https://zango.com.au/agents/megan-van-arkel-2/" rel="nofollow" target="_blank">Megan Van Arkel</a> of <a href="https://zango.com.au/agencies/ray-white/" rel="nofollow" target="_blank">Ray White Canberra,</a> <a href="https://zango.com.au/sale/19-dickinson-street-watson-act-2602-45918/" rel="nofollow" target="_blank">19 Dickinson Street</a> was last sold in 1983 and has been in the same hands for nearly 40 years.“The auction should go well tomorrow,” said Ms Van Arkel.The property sits on a 842sqm block and has an open plan kitchen, dining and living area. It is also located opposite a nature reserve.“The house is located in a highly sought after area and is on a good block of land,” said Ms Van Arkel.“The house is absolutely neat as a pin”.<h2 data-block-key="ethop">29 Sparkes Close, Fadden</h2><img alt="29 Sparkes Close FADDEN, ACT 2904" class="richtext-image full-width" height="533" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-13_at_3.10.37_pm.width-800.png" width="800">This impressive two-storey home in <a href="https://zango.com.au/research/suburb/fadden-act-2904/" rel="nofollow" target="_blank">Fadden</a> is heading under the virtual hammer tomorrow at noon.Listed with <a href="https://zango.com.au/agents/jonathan-charles/" rel="nofollow" target="_blank">Jonathan Charles</a> and <a href="https://zango.com.au/agents/dominic-sisa/" rel="nofollow" target="_blank">Dominic Sisa</a> of <a href="https://zango.com.au/agencies/independent-woden/" rel="nofollow" target="_blank">Independent Woden</a>, <a href="https://zango.com.au/sale/29-sparkes-close-fadden-act-2904-45830/" rel="nofollow" target="_blank">29 Sparkes Close</a> is sure to attract a competitive online auction.Sitting on an elevanted 1712sqm block, there are four-bedrooms, two-bathrooms and plenty of space for a family to roam around. There is also a study and expansive views of Tuggeranong.The listing on <a href="https://zango.com.au/sale/29-sparkes-close-fadden-act-2904-45830/" rel="nofollow" target="_blank">Zango</a> describes the property as a “stunning family residence located in one of Tuggeranong’s most prestigious and sought-after streets”.<h2 data-block-key="18a2k">16 Kneeshaw Street, Monash</h2><img alt="16 Kneeshaw Street MONASH, ACT 2904" class="richtext-image full-width" height="532" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Screen_Shot_2021-08-13_at_3.29.02_pm.width-800.png" width="800">This dual-occupancy home in <a href="https://zango.com.au/research/suburb/monash-act-2904/" rel="nofollow" target="_blank">Monash</a> is heading under the virtual hammer tomorrow at noon.Listed with <a href="https://zango.com.au/agents/maria-selleck/" rel="nofollow" target="_blank">Maria Selleck</a> of <a href="https://zango.com.au/agencies/maria-selleck-properties/" rel="nofollow" target="_blank">Maria Selleck Properties</a>, <a href="https://zango.com.au/sale/16-kneeshaw-street-monash-act-2904-45580/" rel="nofollow" target="_blank">16 Kneeshaw Street</a> is located on a 536sqm block and has an effortless floorplan ideal for families.&quot;Everyone who comes into the home loves the floorplan,&quot; said Ms Selleck.The four-bedrooms are split across two wings that are separated by the open-plan kitchen, living room and communal spaces.&quot;It&#x27;s a lovely home that has been freshly painted inside and out,&quot; said Ms Selleck.

Canberra’s top virtual auctions this weekend

Attending live auctions may no longer be allowed but that hasn’t slowed down house sales across Canberra, with auction clearance rates higher than the national average after the first week of online auctions.Ray White Canberra held seven online auctions during the week, with five selling under the hammer, and an additional two pre-auction sales took place. While the national average of auction clearance rates for Ray White Group was 60% during the first week of online auctions, Ray White Canberra had a 77.7% clearance rate.&quot;We had an average of three registered bidders per auction, with on average 90 people watching each live stream,” said Alec Brown, lead auctioneer for Ray White Canberra. “From those auctions we had two suburb records fall - $947,500 in Page, $823,000 in Holt.&quot;Ray White Canberra’s auctions are streamed online, with bidders registering online and bidding over the phone while they watch the live stream.Ben Faulks from Ray White Canberra said he believed buyers are still embracing online auctions due to the lack of quality detached housing available in the market. “The pent up demand in terms of finance pre-approvals won’t just disappear given the banks&#x27; desire to lend. We have also worked hard to remove any friction from the process so it’s a smooth process,” he said.“We are taking extreme steps to hold the ‘virtual’ hands of buyers and sellers as they transition online. Ultimately it’s about building trust, which is a good agent&#x27;s core competency.”

Canberra clearance rates strong during first week of online auctions

Many of us are fairly used to shopping from the couch, whether it’s for the family groceries, an outfit you just spotted on sale, or even booking a holiday. But what about buying a home?That became a reality for some people last week, <a href="https://zango.com.au/news/what-do-new-measures-mean-open-homes-and-auctions-canberra/" rel="nofollow" target="_blank">as measures to stop the spread of COVID-19 meant in-person auctions were cancelled</a>. Instead, agents are utilising technology to hold online auctions, with prospective buyers bidding via digital platforms or over the phone. Tom was one of the successful buyers at an online auction during the first week, purchasing a home in Page through Ray White Canberra.Ray White Canberra’s auctions are now streamed online, while registered bidders are each assigned an agent who accepts their bids over the phone and bids on their behalf, while the bidder watches on via the live stream.It was the first time ever bidding at an auction for Tom, who had attended live auctions in person before but had never submitted a bid.&quot;Ahead of the auction, the Ray White agent informed me about the process, and also advised me to watch an online auction that they&#x27;d filmed before so I had an understanding of what was going on,&quot; he said.Tom was one of four bidders registered during his auction. He said that while he didn’t find the process daunting, there are some considerations you have to make for the online auctions.“The online auction was ok - it&#x27;s not as personal as a face to face auction,” he said.“Sometimes there are some delays because of the technology, so there were times where there were a few seconds between what was happening at the site and from my end, so that&#x27;s something different to normal.” His advice to others going into online auctions, particularly given you’re not physically there, is to just make sure you have everything in order beforehand, even more so than you would usually. “I think you just need to prepare in advance so you feel comfortable,” said Tom. “We knew the agent would sign the contract on our behalf, so we had legal advice before to make sure that the contract was fine, and also asked the agent to talk to the seller about some conditions we wanted to put in. I’d also suggest talk to your bank about the auction and if they have any ideas or suggestions. And the Ray White agent who helped me was quite helpful, so that makes the process easier.”

5 news articles with tag online-auctions

100yr old cottage smashes reserve price as online auctions defy lockdown

Canberra’s online auction results

Canberra’s top virtual auctions this weekend

Canberra clearance rates strong during first week of online auctions

What's it like to buy a house via online auction?