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Key Preferences of Canberra’s Homebuyers in 2024

Key Preferences of Canberra’s Homebuyers in 2024

Key Preferences of Canberra’s Homebuyers in 2024

Despite the lack of interest rate cuts in 2024, Australia’s property market held strong. In Canberra, homebuyers shifted their priorities, favoring scenic views over swimming pools, according to the Domain End of Year Wrap 2024 report

Jonny Warren attributed this trend to practicality. “Pools aren’t particularly practical in Canberra, as they’re only used for about three months of the year, whereas a view can be enjoyed year-round,” he said.

In 2024, homebuyers in Canberra leaned towards scenic views over having pools. Photo: 9 Dolly Street, Googong
In 2024, homebuyers in Canberra leaned towards scenic views over having pools. Photo: 9 Dolly Street, Googong

With a turbulent year, buyers sought homes that offered serenity and relaxation. 

It’s been a rollercoaster year full of uncertainty, and many people just want a place where they can come home and unwind,” Jonny added. 

We recently sold a property in Gordon to a couple with high-profile jobs who were seeking exactly that.

Living room photo of 21 Hickenbotham Street, Gordon, property listing of Jonny Warren Properties
Photo: 21 Hickenbotham Street, Gordon

Beyond views, functionality was a key focus in 2024. Searches for “garage” climbed from 12th to fourth place, reflecting increased demand for secure parking and storage. Terms like “dual living”, “courtyard”, and “RZ2” also remained popular, signaling interest in affordable housing options such as duplexes and split blocks.

In contrast, searches for “study” dropped from second place in 2022 to 11th in 2024, as more workers returned to traditional office environments.

Another key trend was the rising interest in properties outside the ACT. Nearly 47% of Canberran searches targeted NSW, likely driven by the search for more affordable housing while staying close to Canberra.

This year’s data shows a clear preference among Canberra’s buyers for lifestyle, practicality, and affordability, with many embracing new priorities in a changing property market.

Source: What were Canberra’s property seekers looking for in 2024?

Former Raiders Captain Elliott Whitehead’s Canberra House Sale: Another Success Story for Team JWP

Former Raiders Captain Elliott Whitehead’s Canberra House Sale: Another Success Story for Team JWP

Former Raiders Captain Elliott Whitehead’s Canberra House Sale: Another Success Story for Team JWP

We are thrilled to celebrate another significant milestone with the successful sale of former Canberra Raiders captain Elliott Whitehead’s property at 85 Tazewell Circuit, Nicholls. The property achieved a remarkable $1.275 million.

The sale comes despite a major shift in Canberra’s property market. As supply levels increase, buyers have more options, which makes sellers more competitive.  

Pre-auction sales have increased as a result of this dynamic, and we’re happy to report that this property was no exception. It has prompted vendors to modify their expectations to reflect the state of the market.

Spacious and stylish living room interior at 2/36 Larakia Street in Waramanga, showcasing Canberra’s vibrant summer property market.
85 Tazewell Circuit, Nicholls

Elliott purchased the home during Canberra’s peak market two years ago for $1.3 million. 

“It was a campaign with mixed emotions,” Jonny mentioned, adding, “Some buyers wanted a larger yard, while others were seeking a premium residence.

“Canberra’s market is about 10 per cent down on what it was two years ago, so the price achieved was above expectations.”

Jonny shared that about 70% of the agency’s listings were being sold prior to auction, adding: “There’s definitely a lot of stock on the market, giving buyers plenty of choice.”

While the house market is experiencing robust activity, the apartment sector remains more challenging. However, our dedication to our clients extends across all segments. 

Recently, we successfully sold a three-bedroom unit in Belconnen after nine weeks on the market, securing a price of $420,000.

Spacious and stylish living room interior at 2/36 Larakia Street in Waramanga, showcasing Canberra’s vibrant summer property market.
6/31 Disney Court, Belconnen

We aim to handle the market’s complexities with skill, flexibility, and a strong commitment to our clients. These successes show our dedication. Even with the challenges, we’re happy to keep delivering great results.

Cheers to more successes ahead!

Source: Former Raiders captain Elliott Whitehead’s Canberra house sale a sign of market adjustment

Canberra’s Property Market Ignites – Is This Summer the Season for Smart Buyers?

Canberra’s Property Market Ignites – Is This Summer the Season for Smart Buyers?

Canberra’s Property Market Ignites – Is This Summer the Season for Smart Buyers?

As summer heats up, so does Canberra’s property market, with notable sales signaling fresh opportunities for eager buyers. Still being a buyers’ market, recent auctions show strengthening demand, creating momentum for both buyers and sellers across the region.

One such sale took place in Waramanga, where our very own Jonny Warren successfully auctioned a four-bedroom home at 2/36 Larakia Street for $950,000. After an opening bid of $850,000, the property found its new owners: a couple relocating from Sydney, seizing the chance to call Canberra home once again.

Spacious and stylish living room interior at 2/36 Larakia Street in Waramanga, showcasing Canberra’s vibrant summer property market.
2/36 Larakia Street, Waramanga, sold for $950,000.

“The couple had been living in Sydney for the past six months and were relocating back to Canberra,” Jonny said.

The stylish residence boasts flexible living spaces and sits conveniently near schools, parks, shops, and popular sports facilities, adding significant appeal.

Jonny Warren attributes the successful sale to the right pricing strategy and listening to buyer feedback.

With 124 auctions scheduled last weekend, Canberra’s auction clearance rate remained steady at 49 percent, a notable improvement from the 41 percent rate recorded at this time last year. 

The figures underscore that while buyers continue to hold sway, the market’s activity is heating up fast – setting the stage for an exciting summer in Canberra real estate.

Source: Canberra auctions: Property market heats up in time for summer

Jonny Warren Properties Achieves Standout Auction Result with Evatt Family Home

Jonny Warren Properties Achieves Standout Auction Result with Evatt Family Home

Jonny Warren Properties Achieves Standout Auction Result with Evatt Family Home

Canberra’s property market showcased diverse results over the past weeks, with strong sales outcomes at auction underscoring the appeal of standout family homes. 

Among our recent successes, we’re proud to have secured a notable result for Canberra Raiders star Josh Papalii’s former home at 20 McHugh Street, Evatt, which sold under the hammer for $1,090,500.

Raiders star Josh Papalii’s former home at 20 McHugh Street, Evatt sold for $1,090,500
Canberra Raiders star Josh Papalii’s former home sold for $1,090,500

The unique, beautifully renovated property attracted three registered bidders on auction day.

Jonny Warren started the auction at $950,000 and climbed through a series of $5,000 increments. After we placed a vendor bid at $1.05 million, a third buyer who hadn’t previously viewed the home registered, adding momentum to the competition. 

In the end, a young family won the bid and is now enjoying the home’s incredible features.

This four-bedroom family residence was a true playground for Papalii’s young family and is designed for ultimate enjoyment. It includes an in-ground pool with a water slide, a basketball court, mini putt-putt, and an expansive outdoor entertaining area with a bar. Located near the Evatt Community Playground, schools, and public transport, the property combines convenience with lifestyle elements perfect for young families.

The generous 802sqm block also maximizes outdoor fun, with the front yard transformed into a half basketball court, offering endless entertainment for all ages. Moving to a larger home in Canberra, Papalii shared that leaving the property wasn’t easy, especially for his children, who spent countless hours enjoying the custom-designed backyard.

Source: Canberra auctions: Mixed results highlight shifting property market

Celebrating Excellence at REIACT’s 50th Anniversary: A Win for Jonny Warren Properties

Celebrating Excellence at REIACT’s 50th Anniversary: A Win for Jonny Warren Properties

Celebrating Excellence at REIACT’s 50th Anniversary: A Win for Jonny Warren Properties

Canberra, ACT – The Real Estate Institute of the ACT (REIACT) celebrated its 50th year by honouring the achievements of the ACT’s real estate professionals at the 2024 REIACT Awards for Excellence

Held at Hotel Realm on August 31st, the event brought together over 400 attendees to recognise individuals and agencies that show high standards in the real estate industry. This annual event promotes excellence, and this year’s celebration was one of the most memorable.

Jonny Warren Properties Team<br />
at the 2024 REIACT Awards for Excellence night.
Jonny Warren Properties Team

The Jonny Warren Team had many reasons to be excited, as they were named finalists in eight categories, showing their dedication and hard work. The nominations included:

  • Finalist for Small Business of the Year: Jonny Warren Properties
  • Finalist for Residential Team of the Year: Jonny Warren, Sienna Sewter & Tash Hannaway
  • Finalist for Property Marketer of the Year: Jonny Warren
  • Finalist for Operational Leadership Person of the Year: Belinda Le Ruez
  • Finalist for Operational Support Person of the Year: Tash Hannaway
  • Finalist for Property Manager of the Year: Ellie Brault
  • Finalist for Rookie of the Year: Sienna Sewter
  • Finalist for Buyers Agent of the Year: Benny Power

Being shortlisted for multiple awards showed the team’s overall excellence and ability to stand out in a competitive industry. The nominations proved our team’s commitment to providing great service and results to our clients and in their stories.

The night became even more special when our team was named the Small Residential Agency of the Year. This win recognised all the long hours, teamwork, and determination that brought us here. We couldn’t have done this without the hard work of our agents, our great support staff, and the trust our clients have given us over the years.

Jonny Warren Properties wins Small Residential Agency of The Year 2024
Jonny Warren Properties snags Small Residential Agency of the Year at the 2024 REIACT Awards for Excellence

We want to extend a big thank you to REIACT for this honour and congratulate all the other winners and finalists. It’s a privilege to stand with such dedicated professionals, and we’re proud to be part of this industry.

Looking ahead, we know this is just the start. We’re more motivated than ever to push boundaries, keep innovating, and deliver great results for our clients. Here’s to a brighter future for Jonny Warren Properties and the real estate community in Canberra!

Cheers to everyone who has supported us on this journey—here’s to reaching even greater heights together!

Josh Papalii of the Canberra Raiders Puts Family Home on the Market with Jonny Warren Properties

Josh Papalii of the Canberra Raiders Puts Family Home on the Market with Jonny Warren Properties

Josh Papalii of the Canberra Raiders Puts Family Home on the Market with Jonny Warren Properties

Josh Papalii is entrusting Jonny Warren Properties to list his beloved 2020 family residence, featuring spacious living areas, modern amenities, and a backyard perfect for family gatherings, as he seeks more space for his growing family.

Josh Papalii's family home, listed with Jonny Warren Properties, features a front yard basketball court, perfect for active families.
NRL star Josh Papalii, of the Canberra Raiders, is selling his family home in Evatt.

This four-bedroom residence, ideal for a young family, features a spacious open-plan living, dining, and kitchen area that seamlessly connects to an expansive outdoor entertaining space, complete with a built-in barbecue.

The home’s standout feature is its backyard, a true adventure playground with a swimming pool, towering cubby house, giant slide, sandpit, and a putting green.

The front yard, transformed into a half basketball court, makes full use of the generous 802sqm block, offering endless entertainment for all ages.

Convincing Papalii’s three children to leave the property wasn’t easy, as the family plans to sell and move to a larger home in Canberra.

In search of a larger property for his growing family, his children are sad to say goodbye to the backyard.
In search of a larger property for his growing family, his children are sad to say goodbye to the backyard.

“They actually don’t want to move,” he told realestate.com.au. “They want to keep the house.”

“They just love the pool, the slide, the sandpit, the basketball court and the putting green.”

“I actually love my golf, so I’m usually out there most afternoons while the kids are in the pool.”

“We’re just looking for a bigger house. We’re expanding as a family and I felt like it’s the right thing to do.”

“We get a lot of family coming down from Brissy all the time and because it’s a four-bedder we’re looking for that extra room.”

The backyard includes an undercover BBQ space, separate undercover bar, swimming pool, mini putt-putt turf, cubby house, slide & sandpit.
The backyard includes an undercover BBQ space, separate undercover bar, swimming pool, mini putt-putt turf, cubby house, slide & sandpit.

This home is warm and welcoming, featuring a slow-combustion fireplace, ducted gas heating, and a double garage. The driveway also has space for up to eight cars.

Selling agent Jonny Warren pointed out that the property is especially suited for families with active kids. “It’s rare to find a home in Canberra that offers so many features for children,” he said.

Positioned on an 802 square metre block, the four bedroom house offers 143.20 square metres of internal living.
Positioned on an 802 square metre block, the four bedroom house offers 143.20 square metres of internal living.

Josh Papalii, known as ‘Big Papa,’ has been a key player for the Canberra Raiders, with 302 first-grade games since his debut in 2011, including a memorable appearance in the 2019 grand final. He’s also played 23 State of Origin games for Queensland and represented both Australia and Samoa on the international stage.

With his contract extending through to the end of 2025, Papalii is already preparing for life after rugby, working on starting a business in the disability care sector. “We’re hoping to have it up and running by the end of the year,” he mentioned.

Josh Papalii and Jonny Warren

In Evatt, where the median house price has climbed to $872,500—up 6.4% over the past year—the property is going on auction on September 14.

Source:

Big Papa’s House: NRL enforcer Josh Papalii selling ultimate family pad

Canberra Raiders player Josh Papali’i’s amazing home hits the market