Tocumwal home is hot property
A Tocumwal home in O’Connor offering over 200sqm of living space is tipped to fetch over $1 million at auction.
Around 111 groups have been through the Hart St home during three separate open for inspections, according to LJ Hooker agent Stephan Bunday.
“It’s the character, the charm, the history there that attracts people.
“It’s a great location, a good block of land, and money has been spent in extending it,” he says.
This property is one of around 200 weatherboard and fibro homes transported from the RAAF air base at Tocumwal in NSW to O’Connor and part of Ainsley in the late 1940s.
The homes were often cut in half and placed on the back of trucks and taken to Canberra where there was a shortage of houses.
Known as Tocumwals, these charming heritage-listed homes are sought after by buyers as they are located within 150 metres of the local shops and are situated in several cul-de-sacs near parkland.
This four-bedroom Tocumwal home that is currently on the market sits on a large 933 sqm block and was extended at the rear five years ago to create a 214sqm home.
The home retains its heritage charm at the front with a large open-plan living, dining and kitchen area out the back with glass doors that leads to the entertaining deck.
The rear extension created a more passive design for the home as well adding double glazing and insulating the original property. This makes it more energy efficient.
Surrounded by a private hedge, this home backs on to a large park and is particularly appealing to young families looking for a bigger home.
“It’s mainly youngish families with a reasonable amount of money who are looking to upgrade.
“This one is over 200 sqm of living as well, plus there’s a little workshop/studio (out back),” Bunday says.
Sellers with homes on the market now in Canberra are doing well due to a lack of listings and therefore competition from similar homes for sale, he says.
“It’s come on (market) at a time when there isn’t a lot of competition. I always think getting the jump on spring is quite a smart idea for owners, I think that’s what these owners have done,” he says.
Bunday says that while the price feedback has been “broad” ahead of the auction on August 24, he thinks the property will go for more than a million.
“The serious buyers are probably talking around $1.25 million,” he says.
The median house price in O’Connor is currently $950,000 and homes in this area receive 314 views per listing on realestate.com.au compared to the state average of 284 visits per listing.