Just sold: 43 Magenta Square, Amaroo. A 3 bedroom, 2 bathroom home with a double garage in one of Canberra's most popular family suburbs. It sold for $860,000 after just 8 days on the market, completely unconditional.
Watch Steve explain how 43 Magenta Square sold. .
The plan before we went live
Before the home hit the market we worked through a clear preparation plan with the owners. Nothing dramatic: fresh paint, new carpet, a thorough house and yard clean-up, and professional property styling.
That work matters more than most sellers expect. Buyers form an opinion in the first few photos online and the first few seconds at the front door. A home that looks cared for gets compared on its strengths, not its to-do list.
A strong start at the first open home
14 groups came through the very first open home. Within days we had multiple buyers competing and several pre-auction offers on the table. As the campaign progressed, one buyer separated themselves from the pack, which gave us room to negotiate a strong result for our sellers.
The result
43 Magenta Square sold for $860,000 after 8 days, on favourable pre-auction terms and completely unconditional. That gave the owners certainty as well as price, and it was one of the highest results that year for a home of this layout in Amaroo.
It is also one of 5 homes we sold in Amaroo over a 12 month period, ranging from $690,000 to $1.66 million, so we know this market and what buyers here are looking for.
The lesson for Amaroo sellers
The money spent on preparation is usually the best money a seller spends. Paint, carpet, a clean-up and styling cost a fraction of what they add in buyer competition.
Common questions from sellers in Amaroo
Is it worth painting and re-carpeting before selling in Amaroo?
Often, yes. At 43 Magenta Square, minor improvements plus styling helped draw 14 groups to the first open home and several pre-auction offers within 8 days.
What is a pre-auction offer?
An offer made before auction day. If it is strong enough and on the right terms, the seller can accept it and sell early, as these owners did, unconditionally.
How long does it take to sell in Amaroo?
It depends on the home and the price. A well-prepared family home that is priced and marketed correctly can sell quickly; this one took 8 days.
What do buyers in Amaroo look for?
Families are a big part of the market. A 3 bedroom, 2 bathroom home with a double garage is a popular entry point into the suburb.
See the full story for 43 Magenta Square →
Thinking about selling?
Whether you're ready to sell or just curious about what your home is worth in today's market, we'd love to help.
Book a sales strategy session →
Get a market update for your home | Call Steve on 0489 276 122
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