34 Laker Cres, Richardson ACT 2905

Renovated 3-bed house | Substantial 1,001m² block | Quiet leafy pocket | Below-street comparable pricing This property presents a compelling proposition based on its significant land holding within a family-oriented setting. The renovated condition on a block exceeding 1,000m² is a rare offering in today’s market, directly catering to buyers seeking space and privacy. Its pricing, positioned below a recent four-bedroom sale in the same street, suggests an immediate entry advantage for a downsizer or a family prioritizing land over an additional bedroom. The established school catchments further solidify its appeal to a specific demographic. The decision hinges on the substantial value gap between the unimproved land valuation and the asking price, which places a heavy premium on the dwelling improvement. The low energy efficiency rating implies future capital expenditure for comfort and compliance. For a buyer, the opportunity lies in securing a large parcel in a settled area; the risk is overpaying for the existing structure. This property is best acquired as a long-term hold to amortize renovation costs, with its land component providing the fundamental security. * 6 Laker Crescent sold for $890,000 in Jan 2025. It is a 4-bed, 2-bath home. * 34 Laker Crescent is currently asking Offers Over $849,000. It is a 3-bed, 1-bath home. This differential indicates the subject property is priced to account for its reduced bedroom and bathroom count, presenting a clear value tier within the street.