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.

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.

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