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The Canberra Times
The Canberra Times
Brittney Levinson

Luxury home sells for more than $8 million after just six days

It took less than a week for a luxury Forrest home to sell for more than $8 million, after three buyers competed for the "coveted" six-bedroom home.

The sale of the Baudin Street house marks the second-highest sale price for a Canberra residential property.

It surpassed the previous second-highest transaction of $8 million, set by a home on Mugga Way.

The ACT house price record is $9 million, set in October 2022 with the sale of a palatial home on Empire Circuit in Deakin.

The builder's own home includes a large pool and entertaining area. Picture supplied

The Baudin Street house sits on a 2600-square-metre block and includes six bedrooms, six bathrooms, a double garage plus an eight-car basement.

Documents reveal the seller was owner-builder Dino Caruso of Meridian Homes (ACT).

'Bank of buyers' interested in the home

Selling agent Louise Harget of Belle Property Canberra would not confirm a sale price.

However market sources indicated the sale price was between the low- to mid-$8 million range.

Ms Harget said three buyers showed strong interest in the home, which expedited the sale process.

"We had buyers both from marketing and from our database, so we knew that we had a bank of buyers that were going to be ready to go," she said.

Inside the house is a lavish whisky room with a fireplace. Picture supplied

"People that are in a position to afford these sorts of properties, they are generally fairly astute.

"So they want something they can act quickly on."

Whisky room among the luxury features

Ms Harget said the home's location at a "coveted address" and its large landholding contributed to its appeal.

The house was completed in 2019 and finished to an "exceptional" standard, Ms Harget said.

The kitchen sits at the heart of the house with a four-metre-long Caesarstone waterfall island bench and a walk-in pantry.

There's basement parking for eight cars, plus a double garage. Picture supplied

Off the formal entry is a lavish whisky room with an open fireplace and a recycled timber mantle.

Next to the double garage is a home office space and beneath that, an eight-car basement and workshop.

Outside there's an outdoor kitchen, mosaic-tiled pool and sun deck.

Further into the backyard sits an Italian-inspired alfresco area with an outdoor fireplace and pizza oven.

There's also a pavilion or studio space that includes the sixth bedroom and an en suite, that could also serve as a separate home office.

A wine fridge and bar area sits within the kitchen. Picture supplied
There are six bathrooms throughout the house. Picture supplied
The living space flows out to the alfresco area. Picture supplied
Outside, there's plenty of room for entertaining. Picture supplied
A pool room is one of the many living spaces. Picture supplied
The kitchen boasts a four-metre-long island bench. Picture supplied
One of the rooms can be used as a home office. Picture supplied

While it missed out on setting a Canberra record, the sale smashed the previous price record for Forrest.

The previous suburb record was $6.45 million, set in 2018 with the sale of 4 Ord Street, CoreLogic records show.

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