24 Louis Loder Street, Theodore ACT 2905
24 Louis Loder Street, Theodore ACT 2905
4 bed detached house | 1,281 m² block | 3 garage spaces | EER 2 | FTTN only
This is a genuinely rare configuration for a family buyer: a four-bedroom detached house on a very large parcel of land, with triple garage accommodation and no flood, bushfire, or heritage constraints flagged. The block size alone gives it a competitive edge over typical suburban stock, offering real flexibility for future extensions, a workshop, or simply generous private outdoor space. It sits in an established, low-density suburb where family housing dominates, and the local school catchment adds practical appeal for long-term owner-occupiers. The house itself is modest in size relative to the land, which means the value is heavily weighted toward the site rather than the dwelling. That makes it best suited to buyers who see the land as the primary opportunity and are comfortable with a home that may need updating or renovation to match their standards.
The EER of 2 is a material constraint, as it signals modest thermal performance and potentially higher ongoing energy costs, which may influence your offer. The FTTN connection is also a limitation for anyone reliant on high-bandwidth internet. The house size of 152 m² is compact for a four-bedroom layout, so internal living spaces may feel tighter than expected. The unimproved value of $495,000 suggests the land carries significant weight, and the lack of a confirmed build date or renovation history means condition could vary widely. Buyers should weigh the cost of potential upgrades—insulation, heating, or a full refurbishment—when forming a view on price.
|| Comparable Sales: 16 Porteous Crescent, Theodore—$825,000 (June 2024); 45 Louis Loder Street, Theodore—estimated $1.17M | Property Price Band: $900K–$1.0M | Value Drivers: land size, garage capacity, renovation potential
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Louis Loder Street, Theodore ACT 2905
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
This suburb’s house market is tightly held, with 77 annual sales and a median price of $890,000. Annual growth of 3.8% signals steady, not speculative, appreciation. Demand is family-led: five-bed homes sell in 26 days versus 44 for four-bed, showing preference for larger dwellings. Weekly rents of $650 support entry, but no unit data means limited diversification. Low turnover constrains liquidity. Future growth relies on continued family demand, yet thin sales volume and missing infrastructure/school-quality metrics raise rate sensitivity and affordability risks. The price sits above the national median, narrowing buyer pool. Without vacancy or yield figures, investment demand is unquantifiable. Scarcity defines both strength and limitation.
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PropCred Estimated Value
Comparable Sales: 16 Porteous Crescent, Theodore—$825,000 (June 2024); 45 Louis Loder Street, Theodore—estimated $1.17M | Property Price Band: $900K–$1.0M | Value Drivers: land size, garage capacity, renovation potential
Bedrooms
4
Bathroom
2
Parking
3
Land
1281m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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