36 Vidal Street, Richardson ACT 2905
36 Vidal Street, Richardson ACT 2905
Large 919m² block | three-bed family house | EER 2 with ducted gas heating | renovated basics | quiet Richardson street.
This property’s competitive edge is its land. At 919m², it sits at the upper end of Richardson’s typical block sizes, offering rare space for a detached family house in an established, leafy suburb. The internal layout is straightforward—three bedrooms, one bathroom, 116m² of living—but the new paint, new carpet, and ducted gas heating make it move-in ready without demanding immediate work. The double garage with a rear workspace adds practical utility, while the covered patio and enclosed backyard strengthen its appeal to owner-occupiers seeking a low-maintenance family setup. This house serves best a buyer who values land size and quiet suburbia over polished finishes or high energy efficiency. The EER 2 rating is a genuine constraint, but the block’s redevelopment or extension potential may offset that for a buyer with medium-term plans.
The property’s value may be shaped by its dated energy performance and single-bathroom configuration, which could limit appeal for some families. However, the large block and development potential—nearby approvals for second dwellings suggest zoning flexibility—might support a premium for land-focused buyers. Condition is decent but not exceptional, so presentation alone won’t drive price. The market context of established Tuggeranong suburbs, with steady owner-occupier demand, suggests this house may trade on its land-to-price ratio rather than its home features. Buyers should weigh the cost of future upgrades, like insulation or bathroom renovation, against the land’s long-term potential.
|| Comparable Sales: 26 Vidal Street sold $875,000 (July 2022); 19 Vidal Street listed near $820,000 | Property Price Band: $800K–$900K | Value Drivers: land size, basic renovation condition, garage workspace, block redevelopment potential
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Vidal Street, Richardson ACT 2905
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Richardson, in the ACT’s 2905 postcode, holds a median house price of $780,000 (Allhomes, 2025), with an average advertised days on market of just three. That unusually short listing period points to exceptionally tight supply and rapid turnover, though the figure may reflect a single listing rather than a suburb-wide trend. Buyer competition is clearly intense, even if the specific demand drivers—such as buyer demographics or transport links—are not captured in available data. Price growth cannot be quantified directly, but the combination of a mid-to-high entry point and near-instant sales suggests sellers hold strong negotiating power. Future growth will hinge on broader Canberra market conditions and whether supply remains constrained. Key risk is that this ultra-low days-on-market statistic overstates liquidity; without rental yield, vacancy, or sales volume figures, a fuller assessment of market depth is not possible.
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PropCred Estimated Value
Comparable Sales: 26 Vidal Street sold $875,000 (July 2022); 19 Vidal Street listed near $820,000 | Property Price Band: $800K–$900K | Value Drivers: land size, basic renovation condition, garage workspace, block redevelopment potential
Bedrooms
3
Bathroom
1
Parking
2
Land
919m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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