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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

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View important property information for 1/8 Victoria HALL, ACT 2618

1/8 Victoria HALL, ACT 2618 is for Rent on Zango

Property Manager

Daria

HALL

Gungahlin

ACT & Surrounds

Rent

Location! Location! Location!

Located on the main street of Hall is this well-appointed office/retail space that is walking distance to Daughter at Hall where you can relax with a delicious coffee or fabulous lunch.

This commercial space comes with:

- Carpet throughout
- Kitchenette
- Bathroom
- Separate storage area
- 2 allocated car spaces within the complex

To view this property, make an appointment with Daria on 0416636620.

VITAL INFORMATION

Available from 31/03/2020
The property is unfurnished
Rent collected calendar monthly $340/sqm
Bond equal to 2 months
Applicants must inspect the property to express interest


Disclaimer:
Please note that while all every effort has been taken regarding general and marketing information for this advertisement, Martins Property Group does not accept responsibility regarding any errors or inaccuracies. We advise prospective tenants to rely on their own investigation and inspections to ensure this property is suitable.

Please note, there is no current Energy Efficiency Rating report for this property.

Commercial

Martins Property Group

Population in Hall is 271, with a median age of 45. This is well above the Canberra average of 40.5 and above the national 41.6

Your new suburb is well established

Compared to other areas, families (59%) are over represented and the amount of single parents lower than national average

Perfect? Families Agree

A majority of 86% live in a house. Households are 2.5 people on average, seems like Hall is the place to go for spacious living!

It's spacious too

Hall

1/8 Victoria HALL, ACT 2618

https://d2t3vhau9g43uy.cloudfront.net/media/__sized__/properties/images/1-8-victoria-hall-act-2618-24543-image-0-20200311003705285505-crop-c0-5__0-5-1200x680-70.JPG

Gold Creek School

Holy Spirit Primary

Fraser Primary

Ngunnawal Primary

Evatt Primary

Charnwood-Dunlop School

Belconnen Primary Introductory English Centre (at Charnwood Dunlop Primary School)

Mount Rogers Primary School

Melba Copland Secondary School - Copland Campus Years 11 - 12

Melba Copland Secondary School

%s | Zango

Distance	School	Address
3.00 km	Gold Creek School	Kelleway Street, Nicholls
3.09 km	Holy Spirit Primary	Kelleway Avenue, Nicholls
3.42 km	Fraser Primary	Tillyard Drive, Fraser
3.79 km	Ngunnawal Primary	Unaipon Crescent, Ngunnawal
4.13 km	Evatt Primary	Heydon Crescent, Evatt
4.42 km	Charnwood-Dunlop School	Bettington Circuit, Charnwood
4.42 km	Belconnen Primary Introductory English Centre (at Charnwood Dunlop Primary School)	Bettington Circuit, Charnwood
4.48 km	Mount Rogers Primary School	Alfred Hill Drive, Melba
4.78 km	Melba Copland Secondary School - Copland Campus Years 11 - 12	Copland Drive, Melba
4.80 km	Melba Copland Secondary School	Conley Drive, Melba

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1/8 Victoria HALL, ACT 2618

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Sales History for 1/8 Victoria HALL, ACT 2618

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

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