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CCTV still from inside shop showing figure in dark clothing, red oval highlighting suspect location
✓ The Canberra TimesPower & Policy

Organized burglars steal $60k in e-bikes from Canberra shop

Three burglars broke into Pushys bike shop and stole four high-end mountain bikes worth about $60,000 in five minutes.

On Saturday at 4.23am, three people dressed in black and balaclavas cut through the back door of Pushys Fyshwick using a circular handsaw, bypassing the alarm and grabbing four mountain bikes worth roughly $60,000, plus parts, chargers and sunglasses.

The three burglars were in and out in about five minutes. Store manager Michael Molloy said the group clearly knew what they were doing, and it was not new: the same shop was hit six months earlier for two e-bikes worth $35,000.

The break-ins fit a wider pattern in Canberra, where more than 950 bikes were reported stolen to ACT Policing between 2024 and 2025. Molloy himself had a $21,000 Santa Cruz e-bike reportedly stolen from his home garage last month.

ACT Policing is investigating but has not identified the offenders or recovered any items.

Why it mattersE-bike theft is now organized and professional in Canberra, targeting high-value stock and homes with the same brazen precision.

AustraliaCanberra bike shops and riders face escalating, systematic theft from skilled thieves who watch homes and shops for vulnerable moments.

✓ Claims checked against the source. checked 3 d ago

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