All About Theodore, Unincorporated ACT, ACT, 2905

Theodore, situated in the southern part of the Tuggeranong district, is an unincorporated area in the Australian Capital Territory (ACT). The housing market in Theodore is characterized by a mix of detached houses, townhouses, and some units, providing a variety of options for residents. Over recent years, the area has experienced steady demand due to its appealing suburban lifestyle, proximity to Canberra's central business district, and access to local amenities. The real estate market in Theodore tends to offer more affordable housing options compared to the inner suburbs of Canberra, attracting both first-time homebuyers and families looking for a quieter setting. The median property prices reflect this balance between affordability and the convenience of being near the city, making it an attractive option for those seeking value without sacrificing accessibility.

Living in Theodore offers a suburban lifestyle with a community-oriented atmosphere where residents enjoy a slower pace of life compared to the bustling city center. The area is known for its scenic surroundings, with the picturesque landscapes of the Tuggeranong Hill and nearby bushland offering opportunities for outdoor activities such as hiking and cycling. Theodore fosters a strong sense of community, with local schools, parks, and shopping facilities serving the needs of its residents. The community is family-friendly, and neighbors often organize local events and gatherings that enhance the sense of belonging. Commuting is relatively straightforward, with well-established public transport connections linking Theodore to the Canberra metropolitan area. Overall, Theodore provides a pleasant blend of natural beauty, community spirit, and affordability, making it a desirable place to call home.

Theodore Real Estate Market Outlook

Thinking about buying in Theodore? Now could not be a better time, with 1536 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $769,000 with prices in this suburb ranging from $36,000 to $2,415,000. The aproximate distance to the coast is 99 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Theodore are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Theodore provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Theodore to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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