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ACT › Theodore › Lawrence Wackett Cres

121 Lawrence Wackett Cres, Theodore ACT 2905

House

$647,000

Last sold

2 Nov 2020

4

Bedrooms

2

Bathrooms

4

Car spaces

826 m²

Land

174 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $647,000 (2 Nov 2020).(Recorded sale)
  • CalculationLand 826 m² against a 174 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Theodore (last 5 years) with land size: median $986/m² of land (n=31). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$647,000

2 Nov 2020 · derived via latest_sale

Local land rate: recorded House sales in Theodore (last 5 years) with land size have a median of $986/m² of land (n=31). Districts calculation from recorded sales — not a valuation.

Theodore at a glance

3,726

People

$870,000

Median sale

$430/wk

Median rent

2.57%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Theodore report →

Vs Theodore

-25.6%

Median sale

Suburb $870,000

+0.89 pp

Gross yield

Suburb 2.57%

Suburb median $870,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$647,0002 Nov 2020
  2. Listedprice unknowncompleted7 Oct 2020
  3. Listedprice unknowncompleted7 Oct 2020

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $430/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Theodore in one glance

Theodore at a glance

3,726

People

$870,000

Median sale

$430/wk

Median rent

2.57%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Theodore report →

Keep researching

  • Why Theodore? Read the area thesis →
  • What else is on the market in Theodore →
  • Other records on Lawrence Wackett Cres →

Listing material

Listed by McCann Properties

Extended family home with income potential

Flexible living is found here, this renovated, four-bedroom home is light filled and adaptable to suit a variety of potential buyers from extended or multigenerational families to couples looking for a generous home with added income potential. The clever floor plan allows plenty of room to move, with open, light filled living areas, a spacious rumpus room and a luxurious parent's retreat with an ensuite and walk in robe.

The home has been renovated to modernise and maximise the space and create a highly desirable open plan living. The kitchen includes electric cooking, dishwasher and plenty of storage including a pantry. Heightened bamboo benchtops and Mini Orb splashback combine to create a modern kitchen with rustic charm, while the large island maximises the use of the space while providing plenty of storage. The adjoining dining space shares the practical timber look laminate flooring with the kitchen and comfortably fits an extended dining table with room to feed the whole family.

The variety of living spaces provided, allow you to spend time as a family, or relax in a moment of peace and quiet. The light filled lounge is a great place to watch telly while the adjoining family room is ideal for supervising homework while you cook with easy access to the covered entertaining area. There is also a large rumpus room that can be furnished as you please, whether you seek an additional living area, playroom for the kids or hobby space for yourself, this space is sure to delight.

Read the full description

This home is unique as it provides four large bedrooms, two of which, have walk in robes and direct bathroom access. The master bedroom is the ultimate parents retreat, segregated from the rest of the home for privacy. With its own walk in robe and ensuite, this layout makes the home ideal for extended, or multigenerational families. The second bedroom is also a great size and includes a walk-through robe with his and hers built in robes and private access to the two-way family bathroom. The remaining two bedrooms are spacious and both include built in robes.

If you love to be outdoors, the backyard is fully enclosed, with a great, covered entertaining area. Very low maintenance, there is no grass to mow, and plenty of potential for a green thumb to add their own touches and grow their dream garden. There is a freestanding double garage and attached double carport plus plenty of off street, driveway parking. The fabulous location is within walking distance to the local School, corner store and bus stop, and just moments from the Monaro Highway for a quick commute around Canberra.

The home is comfortable year-round with the added bonus of evaporative cooling and ducted gas heating throughout. The current owner has run a successful Air BnB at the property for several years proving its ability to generate an income. The property is equipped with twenty-four 5kw solar panels, saving you money as there hasn't been power bill in over 12 months! There is no doubt, this home is a sound investment.

• Light filled, renovated home with flexible floorplan

• Multiple living areas, kitchen with large island bench

• Four spacious bedrooms including parents' retreat

• Covered entertaining area, low maintenance gardens

• Double garage, double carport, plus additional parking

• Evaporative cooling, ducted gas heating throughout

• 24 5kw solar panels, no electricity bill in over 12months

• Great location, walk to local school, shop and bus stop

Listing description written by Mark McCann, McCann Properties — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.