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Just sold · Macgregor

18 STANG
PLACE

3 bed · 1 bath · single garage · 229m² block

Planned in a flying market, launched into a nervous one, with a near-identical home as the benchmark.

The story behind the sale, with Steve Lowe.

229m² block
$680kNear-identical home nearby
2026Market

How the campaign played out

Adapt when the market moves.

01Plans made in a flying marketThe owners first engaged us towards the end of 2025, when the market was flying.
02Then things changedBy the time the tenants had vacated and the work was done, the market had shifted.
03Working every buyerWe stayed proactive, worked closely with every buyer and negotiated hard.

The result

The sale price is revealed in the video

Watch the story first. The price unlocks here the moment it's revealed.

Watch the video

The result

$???,???

Private treaty.

Open-plan living and dining at 18 Stang Place, Macgregor

The takeaway

Adapt when the market moves.

The market can change between the day you plan a sale and the day you launch. Local knowledge and a flexible strategy make the difference.

Selling in Macgregor

Questions sellers ask us

What is my Macgregor home worth now?

It depends on current conditions and recent sales nearby. Book a market update and we'll show you the evidence.

Should I wait for tenants to leave before selling?

It can help presentation, but timing matters too. We weigh up both with you.

How do comparable sales affect my price?

Buyers use them as a benchmark. 18 Stang Place sold for the result in the video against a similar home's $680,000.

What changed in the Canberra market in 2026?

At the time of this sale, rising rates and global uncertainty reduced buyer confidence and the number of active buyers.

Read the video transcript

Steve Lowe here from Agent Team Real Estate. I wanted to share a quick story about the sale of 18 Stang Place in Macgregor, a three-bedroom, one-bathroom home with a single garage sat on one of the more compact blocks in the newer part of Macgregor at 229 square meters. The owners first engaged us towards the end of 2025 when the market was absolutely flying.

At the time, we were confidently estimating a result of $700,000 or more driven by a really strong first home buyer demand. The property was tenanted, so it wasn't presenting at its best. We lined up some quotes for improvements like fresh carpet and a few touch-ups, and with a plan to bring it to market in better condition.

But by the time the tenants had vacated and the work was completed, the market had shifted quite a bit. There was global uncertainty, rising interest rates and petrol prices climbing. Buyer confidence dropped and the pool of active buyers became much, much smaller.

To add to the challenge, an almost identical home at number 14 had sold earlier in the year for $680,000, which set a clear benchmark. Despite all of that, we worked closely with every buyer, stayed proactive and negotiated hard, and in the end we secured a sale at $???,???, which was a strong result in the 2026 market and ahead of comparable sales. It's a good reminder that the market can change quickly and having the right strategy and local knowledge makes all the difference.

So if you're thinking about selling in Macgregor, feel free to reach out. I'm always happy to have a chat.

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