Jonny Warren Properties Scores Standout Sale at Auction

We are thrilled to announce the successful sale of 23 Orange Thorn Crescent in Banks, which sold under the hammer on Saturday morning for $1,431,000, and it’s well above expectations.

This architect-designed, split-level home was on the market for just three weeks and attracted strong interest. With three registered bidders, the auction opened at $1.3 million and quickly gained momentum before reaching the final sale price, nearly double the suburb’s median price of $744,000.

Jonny was pleased with the result, noting the strong campaign leading up to auction. “We are seeing really strong activity out there at the moment, but pricing-wise – outside of the auction today, which was a crazy outcome – I think prices are still sustaining, and we haven’t seen an increase.”

A key factor in this successful outcome was the home’s prime location, backing onto the Rob Roy Range Nature Reserve, as well as our pre-market efforts, including repainting and landscaping, to ensure it was presented at its very best.

Built in 2008 and designed by Adrian Lance of Heyward Lance Architecture, this home was thoughtfully tailored for family living. Its open-plan kitchen, spacious living areas, and seamless indoor-outdoor flow made it highly appealing to buyers.

The successful buyer had been searching in the area and had missed out on a neighbouring property the week prior, making them determined to secure this home.

Jonny also commented on the current market: “It could do one of two things, which is to send a mad demand of houses to the market and create a big rush, [or] it might saturate the market.”

Source: South Canberra home sells for impressive sum in strong market

READY TO TELL YOUR HOME’S STORY THIS 2025?

With continued buyer demand for well-presented homes in desirable locations, we remain focused on helping our sellers achieve the best possible results. If you’re thinking of selling, get in touch with our team to discuss your options.

📞 0431 797 891
📩 jonny@jonnywarren.com.au
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