28 Lindrum Cres, Holt ACT 2615
28 Lindrum Cres, Holt ACT 2615
1970s detached house | large 735–818m² block | low EER 1–2 | family-oriented quiet pocket | renovation upside
This property sits within a well-established, low-density suburb where detached houses on substantial blocks are the norm. The likely configuration—a single-storey, 1970s-built home with three to five bedrooms and parking for multiple cars—offers genuine rarity in today’s market, where such land parcels are increasingly sought after. The large block provides private outdoor space, scope for extensions or redevelopment, and a lifestyle that appeals strongly to families and renovators. For buyers seeking a solid base in a mature neighbourhood with access to local shops, parks, and walking trails, this house represents a practical entry point into a stable, family-oriented pocket.
The property’s age and modest energy rating may affect ongoing comfort and running costs, particularly heating and cooling efficiency. The condition of the original shell, including roofing, windows, and insulation, might require investment to bring it to modern standards. Renovation levels vary across similar houses, so the extent of any prior updates could materially influence its appeal and price. Buyers should weigh the cost of potential upgrades against the value of securing a large block in this location. The absence of heritage or flood constraints on comparable properties suggests flexible future use, but the final price will hinge on how much work the house itself needs.
|| Comparable Sales: 51 Lindrum Cres sold $740,000; 361 Southern Cross Dr sold $715,000 | Property Price Band: $700K–$800K | Value Drivers: land size, renovation condition, layout flexibility
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Lindrum Cres, Holt ACT 2615
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Holt, in the ACT, is a family-oriented suburb with a high proportion of mortgaged owners. That mortgage profile implies rate sensitivity, with variable rates at 5.34–5.59% and thin stock—just 4–7 listings. House prices sit at $827,594–$835,000, growing 3.49–6.4% annually; units at $593,148–$680,000, growing 1.5–11%. Houses sell in 38–42 days; annual sales of 78–80 indicate a steady, shallow market. Demand is underpinned by Canberra’s record auction clearances. Future growth relies on market momentum, while key risks are rate sensitivity and limited inventory.
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PropCred Estimated Value
Comparable Sales: 51 Lindrum Cres sold $740,000; 361 Southern Cross Dr sold $715,000 | Property Price Band: $700K–$800K | Value Drivers: land size, renovation condition, layout flexibility
Bedrooms
3
Bathroom
1
Parking
5
Land
737m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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