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July 2015
Today a Mighty Development has Taken Place
Fourth Auction Sale of ACT Business & Residential Sites 14th July 1951
Residential Leases Sold
The 1951 auction offered business sites in Griffith, Ainslie and O'Connor, as well as residential land in Deakin, O'Connor and Yarralumla. The tables below shows the successful bidders for each of the residential and commercial blocks.
Purchaser - Residential | Division | Section | Block | Reserve Value £ | Sale Price £ | Ground Rent £.s. | Premium £ | Survey Fee £ | Amount Paid £.s. |
---|---|---|---|---|---|---|---|---|---|
Merritt, Morris Joseph | Deakin | 9 | 5 | 800 | 1450 | 32 | 650 | 2 | 684 |
Pollard, James | Deakin | 9 | 6 | 800 | 1400 | 32 | 600 | 2 | 634 |
Campbell, George Blomfield & Nancy Victoria Dyce | Deakin | 9 | 7 | 600 | 1200 | 24 | 600 | 2 | 626 |
Bowden, Ivor Gordon | Deakin | 9 | 8 | 550 | 1050 | 22 | 500 | 2 | 524 |
Herald & Weekly Times | Deakin | 9 | 9 | 450 | 1000 | 18 | 550 | 2 | 570 |
Compressed Cork Sheet Company | Deakin | 9 | 10 | 450 | 1050 | 18 | 600 | 2 | 620 |
Jamieson, Arthur Barkley | Deakin | 9 | 11 | 400 | 1000 | 16 | 600 | 2 | 618 |
Herde, Kenneth Howard | Deakin | 9 | 12 | 450 | 1300 | 18 | 850 | 2 | 870 |
Curran, Amy Florence | Deakin | 9 | 13 | 450 | 1300 | 18 | 850 | 2 | 870 |
McCraken, Dr James Murray | Deakin | 9 | `4 | 500 | 1150 | 20 | 650 | 2 | 672 |
Herald & Weekly Times | Deakin | 9 | 15 | 600 | 1900 | 24 | 1300 | 2 | 1326 |
Thomson, Mary Patricia | Deakin | 9 | 16 | 600 | 2100 | 24 | 1500 | 2 | 1526 |
Snow, Robert Alva & Jessica Ann | Deakin | 9 | 17 | 700 | 2000 | 28 | 1300 | 2 | 1330 |
Evans, Gwilyn Thomas | Deakin | 9 | 18 | 800 | 2150 | 32 | 1350 | 2 | 1384 |
Sawer, Professor Geoffrey | Deakin | 10 | 2 | 400 | 950 | 16 | 550 | 2 | 568 |
MacDonald, Ian Keith | Deakin | 10 | 3 | 350 | 675 | 14 | 325 | 2 | 341 |
Webb, Leicester Chisholm | Deakin | 10 | 4 | 400 | 700 | 16 | 300 | 2 | 318 |
Hoffman, Earle Samuel & Anna | Deakin | 10 | 5 | 350 | 525 | 14 | 175 | 2 | 191 |
Comans, Charles Kennedy | Deakin | 10 | 6 | 350 | 550 | 14 | 200 | 2 | 216 |
Davidson, Allan Clifton | Deakin | 10 | 7 | 350 | 575 | 14 | 225 | 2 | 241 |
Casement, Brabozon Islet Perrett | Deakin | 10 | 8 | 350 | 825 | 14 | 475 | 2 | 491 |
Cairns, Keith Scott | Deakin | 10 | 9 | 350 | 675 | 14 | 325 | 2 | 341 |
Bourchier, Murray Goulburn Madden | Deakin | 10 | 10 | 375 | 750 | 15 | 375 | 2 | 392 |
Federal Capital Press of Australia | O'Connor | 60 | 2 | 150 | 210 | 6 | 60 | 2 | 68 |
Van Barneveld, William | O'Connor | 60 | 3 | 150 | 230 | 6 | 80 | 2 | 88 |
Campbell, Leonard | O'Connor | 60 | 4 | 150 | 230 | 6 | 80 | 2 | 88 |
Compressed Cork Sheet Company | O'Connor | 60 | 5 | 150 | 360 | 6 | 210 | 2 | 218 |
Compressed Cork Sheet Company | O'Connor | 60 | 6 | 150 | 340 | 6 | 190 | 2 | 198 |
Piechocki, Stanislav | Yarralumla | 55 | 8 | 120 | 200 | 4.16 | 80 | 2 | 86.16 |
Kestel, Leo Charles | Yarralumla | 55 | 19 | 120 | 210 | 4.16 | 90 | 2 | 96.16 |
Sedlar, Frank | Yarralumla | 55 | 20 | 110 | 180 | 4.8 | 70 | 2 | 78.8 |
Joplin, Germaine Anne | Yarralumla | 68 | 1 | 150 | 250 | 6 | 100 | 2 | 108 |
Adams, Francis Leonard | Yarralumla | 68 | 7 | 150 | 260 | 6 | 110 | 2 | 118 |
Divola, Henry Laurence Thomas | Yarralumla | 68 | 8 | 150 | 250 | 6 | 100 | 2 | 108 |
Mills, Phillip Victor | Yarralumla | 68 | 9 | 150 | 220 | 6 | 70 | 2 | 78 |
Barnett, June Hyett | Yarralumla | 69 | 1 | 150 | 180 | 6 | 30 | 2 | 38 |
Australian National University | Yarralumla | 69 | 23 | 130 | 150 | 5.4 | 20 | 2 | 27.4 |
Mills, Phillip Victor | Yarralumla | 69 | 24 | 130 | 160 | 5.4 | 30 | 2 | 37.4 |
Cross, Andrew Davidson | Yarralumla | 69 | 25 | 130 | 160 | 5.4 | 30 | 2 | 37.4 |
Australian National University | Yarralumla | 69 | 26 | 130 | 170 | 5.4 | 40 | 2 | 47.4 |
McDonald, Louisa Augusta | Yarralumla | 69 | 27 | 150 | 180 | 6 | 30 | 2 | 38 |
Brown, Stanley Edwin | Yarralumla | 69 | 28 | 150 | 190 | 6 | 40 | 2 | 48 |
Woodcock, Francis Robert | Yarralumla | 69 | 29 | 150 | 180 | 6 | 30 | 2 | 38 |
Monsma, Eelker | Yarralumla | 69 | 30 | 150 | 200 | 6 | 50 | 2 | 58 |
Parvey, Alexander Frederwick | Yarralumla | 69 | 31 | 150 | 180 | 6 | 30 | 2 | 38 |
Compressed Cork Sheet Company | Yarralumla | 88 | 5 | 140 | 240 | 5.12 | 100 | 2 | 107.12 |
Compressed Cork Sheet Company | Yarralumla | 88 | 6 | 140 | 240 | 5.12 | 100 | 2 | 107.12 |
Chinn, Albert S. | Yarralumla | 88 | 7 | 150 | 230 | 6 | 80 | 2 | 88 |
Chinn, Albert S. | Yarralumla | 89 | 6 | 130 | 210 | 5.4 | 80 | 2 | 87.4 |
Embelton, George P | Yarralumla | 89 | 7 | 130 | 230 | 5.4 | 100 | 2 | 107.4 |
Embelton, George P | Yarralumla | 89 | 8 | 140 | 260 | 5.12 | 120 | 2 | 127.12 |
Posters for the Residential Sites on offer in the Fourth Auction. Click on each poster for a larger view.
Business Leases Sold
Purchaser - Business | Division | Section | Block | Reserve Value £ | Sale Price £ | Ground Rent £ | Premium £ | Survey Fee £ | Amount Paid £ |
---|---|---|---|---|---|---|---|---|---|
McDonald, Warren D'Arcy | Griffith | 78 | 20 | 200 | 1000 | 8 | 800 | 3 | 811 |
Driver, Albert | Griffith | 78 | 21 | 200 | 800 | 8 | 600 | 3 | 611 |
Cavill, Walter (Goodlands Pty Ltd) |
Griffith | 78 | 22 | 200 | 850 | 8 | 650 | 3 | 661 |
Green, Anthony | Griffith | 78 | 23 | 200 | 900 | 8 | 700 | 3 | 711 |
Haydon, John Alfred | Griffith | 78 | 24 | 200 | 950 | 8 | 750 | 3 | 761 |
Campbell, Leonard Anthony | Griffith | 78 | 25 | 200 | 600 | 8 | 400 | 3 | 411 |
Griffith Properties Limited | Griffith | 78 | 26 | 200 | 750 | 8 | 550 | 3 | 561 |
Makin & Bearse | Ainslie | 27 | 2 | 200 | 800 | 8 | 600 | 3 | 611 |
McDonald, Warren D'Arcy | Ainslie | 27 | 3 | 200 | 800 | 8 | 600 | 3 | 611 |
Green, Anthony | Ainslie | 27 | 4 | 200 | 900 | 8 | 700 | 3 | 711 |
Cavill, Walter (Goodlands Pty Ltd) |
Ainslie | 27 | 5 | 200 | 800 | 8 | 600 | 3 | 611 |
Mason, Hubert Johnston | Ainslie | 27 | 6 | 200 | 800 | 8 | 600 | 3 | 611 |
Sack's Limited | Ainslie | 27 | 7 | 200 | 700 | 8 | 500 | 3 | 511 |
Ainslie Properties Limited | Ainslie | 27 | 8 | 200 | 800 | 8 | 600 | 3 | 611 |
Cavill, Walter (Goodlands Pty Ltd) |
O'Connor | 45 | 2 | 200 | 1625 | 8 | 1425 | 3 | 1436 |
McDonald, Warren D'Arcy | O'Connor | 45 | 3 | 200 | 1350 | 8 | 1150 | 3 | 1161 |
Pitt, George | O'Connor | 45 | 4 | 200 | 1250 | 8 | 1050 | 3 | 1061 |
T.L. Adams Limited | O'Connor | 45 | 5 | 200 | 1200 | 8 | 1000 | 3 | 1011 |
Posters for the Business Sites on offer in the Fourth Auction. Click on each poster for a larger view.
In a memorandum dated 18th July 1951, F.A. Mitchell reported that there was "keen demand for the four business sites in O'Connor which were sold for a total of £5425 or £4625 above the total Reserve Value of £800." He also listed the types of businesses that lessees would establish in the three suburban business centres:
- Ainslie: plumbing, mercery, grocery and furniture.
- Griffith: butchery, chemist, green grocery, furniture, mercery or cloth merchant, and grocery.
- O'Connor: grocery, electrical and butchery.
At the end of the auction all 18 business blocks and 51 residential blocks on offer had been sold for a combined total of £31,190.
A de-facto freehold scheme
After such a long delay between the third and fourth auctions, the pace picked up significantly. The Department of the Interior held the fifth auction on the 8th December 1951 and by 1973, over 90 land lease public auctions had been conducted since 1924. The ACT Government holds files documenting most of these auctions.
The Commonwealth Government continued to charge land rent on residential and non-residential leases until it abolished the rental scheme in 1970 and instead increased municipal rates. This effectively created a de-facto freehold scheme for the purchase of land in the ACT, still limited to a 99-year lease.
When Commonwealth granted the ACT self-government on 11 May 1989, it passed the 'Australian Capital Territory (Planning and Land Management) Act 1988 (Cwlth)'. This Act provided for land within the ACT to be 'national' or 'territory' land. Section 29 of the Act states that the ACT Executive is responsible for the management of territory land on behalf of the Commonwealth. Section 29(3) provides that the lease term "shall not exceed 99 years or such longer period as is prescribed, but the estate may be renewed." This change meant that, while we continue to have a leasehold system in name, Canberra property entitlements are more or less the same as other freehold systems. It's a mighty development indeed from the first 1924 lease auction.
Links to newspaper articles
- Canberra: Auction of Leaseholds. Queanbeyan Age and Queanbeyan Observer, 16 December 1924, p.2: http://nla.gov.au/nla.news-article31658763
- Canberra Leases: High Prices Realised. Queanbeyan Age and Queanbeyan Observer, 1 June 1926, p.2: http://nla.gov.au/nla.news-article31683168
- The Making of a City (No.2): The Growth of Woodgers & Calthorpe Ltd. The Federal Capital Pioneer Magazine, 20 July 1927, p.26: http://nla.gov.au/nla.news-article66351197
- Sale of Leases: Demand for Business Sites. The Canberra Times, 13 April 1927, p.1: http://nla.gov.au/nla.news-article1212430
- Classified Advertising. The Canberra Times, 30 September 1936, p.3: http://nla.gov.au/nla.news-article2408603
- V.F.A. Team Welcomed for Match To-day. The Canberra Times, 14 July 1951, p.3: http://nla.gov.au/nla.news-article2833181
- High Prices Realised For Canberra Leases at Auction. The Canberra Times, 16 July 1951, p.1: http://nla.gov.au/nla.news-article2833249
- Famine Prices for Canberra Leases. The Canberra Times. The Canberra Times, 16 July 1951, p.4: http://nla.gov.au/nla.news-article2833270
- Mores Leases to be Offered in Canberra. The Canberra Times, 18 July 1951, p.4: http://nla.gov.au/nla.news-article2833449
- New Groceries in Suburbs. The Canberra Times, 15 January 1953, p.4: http://nla.gov.au/nla.news-article2873129
- Grocer's Licence at Griffith. The Canberra Times, 24 February 1953, p.5: http://nla.gov.au/nla.news-article2876005
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