15 Harold White Avenue, Coombs ACT 2611

3 beds, 2 baths, 2 cars | Stated 2.4-acre land size is a profound outlier | Adjacent proxy suggests typical 500m² suburban block | Strong school catchments | Family-oriented locale. The primary buying case rests on the extraordinary discrepancy in land size. A genuine 2.42-acre parcel in Coombs would represent a rare, quasi-rural holding within a suburban context, offering unparalleled privacy and future subdivision potential that fundamentally repositions the property from a standard family home to a strategic land bank. Its configuration otherwise aligns with high-demand local stock-three bedrooms, two bathrooms, and a double garage-serving the family market that prioritises the Charles Weston and Evelyn Scott school catchments. This property would serve a buyer seeking a long-term hold for land value appreciation or a developer, far better than a typical owner-occupier seeking turnkey convenience. The decisive risk is data integrity; the stated acreage is inconsistent with every other property on the street and suburb norms, and if incorrect, you are evaluating a standard block at a potential premium. Due diligence must immediately verify the title dimensions, as purchasing on the assumption of acreage without confirmation carries a significant overpayment risk. The opportunity exists if the land size is verified, creating immediate equity and a unique, illiquid holding in a growth corridor. The commercial logic is to proceed only with confirmed survey data; if verified, it is a hold for capital growth, if not, value it strictly against true comparables. Recent sales on Harold White Avenue provide a clear benchmark for a standard 500m² block. A three-bedroom townhouse at 2B sold for $657,000 in May 2025, while a three-bedroom house at 24 sold for $1,172,500 in late 2023. Four-bedroom houses have sold between $1,475,000 and $1,640,000. This establishes a value range for a three-bedroom house like the subject property, on a typical block, between approximately $1.17 and $1.25 million. Any valuation must start from this baseline, with the purported land size being the sole variable for a potential premium.