12 Morehead Street, Curtin ACT 2605

Large block | forward-set position | single-level layout | tightly held Curtin pocket This property’s competitive edge is its 1366 m² block with only 11% building coverage, giving a buyer rare scope to extend, add a secondary dwelling, or redevelop without leaving an established suburb. The forward-set house leaves a deep, usable backyard, and the existing single-level floorplan with master ensuite and covered alfresco already suits a family wanting immediate livability. It serves best a buyer who values land content and future optionality over a move-in-ready finish, as the EER of 1 and older fabric mean capital will be needed for upgrades. The main risk is the low energy rating, which will cost in ongoing utilities and may narrow appeal on resale to buyers who factor running costs. The unimproved value of $1.17m suggests land accounts for most of the price, so overpaying for the house itself is the trap. Opportunity lies in a strategic renovation to lift the EER and modernise the kitchen-bathroom core, which could push value toward the upper estimate without overcapitalising. Hold this property for land appreciation and incremental improvement rather than a quick flip.