36 Rohan Street, Richardson ACT 2905

3 bed freestanding house | Richardson ACT | 452sqm block | bushfire overlay present The property’s competitive edge lies in its land-to-building ratio-86sqm of house on 452sqm offers genuine scope for extension or reconfiguration, rare in this price band. Its priority enrolment for Richardson Primary and Calwell High gives it a clear advantage for family buyers who value school catchment certainty. The February 2025 sale at $602k sits comfortably below the estimated $693k value, suggesting the buyer may already hold modest equity. This house best suits a first-time buyer or small family seeking a freestanding home with expansion potential in a quiet street, where 43 properties provide a stable micro-market with limited turnover. The bushfire overlay introduces a material cost for any future renovation-likely triggering stricter building materials and defensible space requirements, which could add 5-10% to a rebuild or extension budget. The absence of off-street parking and single bathroom are functional constraints that may limit resale appeal to owner-occupiers rather than investors. The rental estimate of $620 per week offers a gross yield of roughly 4.5% on the purchase price, acceptable but not exceptional. Hold as a long-term home with staged improvements to unlock land value, rather than flipping.