46 Rohan Street, Richardson ACT 2905
46 Rohan Street, Richardson ACT 2905
4-bed family house | 475m² block | tight rental demand | sold twice in a year | condition will decide price
This property holds a clear competitive edge in Richardson, where 3-bedroom houses dominate the market and 4-bedroom options are comparatively scarce. The configuration—four bedrooms, two bathrooms, and two car spaces—positions it as a practical family home rather than an entry-level purchase, which aligns well with the suburb’s owner-occupier character and its very low vacancy rate. The 475m² block is modest by local standards, but it is sufficient for a comfortable yard without the maintenance burden of larger lots. The strongest signal is the recent sale history: a June 2025 transaction at $650,000 followed by a later record near $965,000 suggests significant value movement, likely tied to renovation or market uplift. This property serves best a family buyer seeking a turnkey detached house in a quiet, established suburb with strong school access and parkland nearby.
The value of this property may hinge heavily on its internal condition and presentation, given the wide gap between the two recorded sale prices. If the house has been recently upgraded—kitchen, bathrooms, flooring—the higher end of that range becomes justifiable, as buyers in this segment pay a premium for move-in readiness. Conversely, if the finishes are dated, the price may settle closer to the lower transaction, since the smaller block limits land-value support compared to larger neighbouring lots. The rental yield signals around 4% and tight vacancy suggest steady investor interest, but the family buyer profile likely drives the final figure. Weigh the renovation level and any outstanding maintenance against the asking price, as these factors will most materially shape the outcome.
|| Comparable Sales: 63 Rohan Street sold near $730k; 71 Chauncy Crescent sold near $852k | Property Price Band: $700k–$800k | Value Drivers: renovation condition, 4-bed layout rarity, 475m² block size
Detailed Independent Property Report prepared by PropCred Analyst team for 46 Rohan Street, Richardson ACT 2905
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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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: 63 Rohan Street sold near $730k; 71 Chauncy Crescent sold near $852k | Property Price Band: $700k–$800k | Value Drivers: renovation condition, 4-bed layout rarity, 475m² block size
Bedrooms
4
Bathroom
2
Parking
2
Land
475m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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