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Hilltop home in Theodore effortlessly topples suburb’s sales record

Pete McPhillips 28 May 2019

The property enjoys a terrific vista over the Tuggeranong Valley from its rear deck. Photos: Supplied.

An open and bright hilltop home in Theodore has sold for $820,000 – setting a new sales record for the suburb.

The spacious home, having been occupied by the same owners for the better part of three decades was a hard one to let go of, but the appeal of downsizing to the Central Coast was too strong for the previous owners. The time spent at 47 Louis Loder Street over the years meant the property was impeccably maintained both inside and out.

Agent Eliana Rojas-Terry from Independent Tuggeranong attributed the successful sale to numerous key features which made it stand out amongst other homes in Theodore. “The whole property itself was really quite unique in the suburb – the main living areas, they all faced north-east. This kind of aspect is great and very popular among Canberrans. And the views from all of those rooms were incredible – you got uninterrupted 180-degree views over the Theodore valley. The buyers were actually a few people not looking to do anything and the home was impressive enough to bring their plans forward,” Ms Rojas-Terry said.

Neat, bright and open living areas…and more views.

The layout of the four-bedroom, two-bathroom with ensuite homemade interested parties stop in their tracks, and even changed the marketing strategy for Ms Rojas-Terry.

“The views were certainly the main appeal to the buyers but also the fact and the layout was so unique. It had a completely separate master wing. Initially when we were marketing we were targeting a family with teenage kids but it did not end up going to them – it actually went to some first home buyers looking to start a family,” she said.

An offset from the street, the home combines privacy and openness.

The quality of the home itself presented an opportunity to the previous owners and agent to secure the best possible result in the sale. “I think we approached it from the point of view that we were at the top of the market, so we guided buyers as early as possible when it came to price. We set clear expectations with offers over $795,000. Setting clear expectations of price early on was important because we mitigated against uncertainty within the market which allowed people to come in with a clear idea of what they might expect to pay for the property,” said Ms Rojas-Terry.

This strategy clearly paid off, with the sale price actually exceeding the previous record by $10,000 on a neighbouring home on Louis Loder Street that sold in 2016.

Light and flow throughout the home.


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