The 27-year-old has not ruled it out given the shortened three-year cycle. He is considering his options before he has to lock in a decision by mid-2022 to try to make the boat for his second Olympic campaign.

"I'm not sure about my rowing, to be honest. At the moment I'm pretty happy with where my rowing sort of ended up. I haven't said no to another cycle but I think I need a new, bigger challenge to get me over the line to do another cycle," he said.

"I'm not quite sure what that would be ... but I'd need a new, bigger incentive to really entice me into it."

For now the ANU student is focused on finishing his studies, as he eyes finishing off his engineering degree and helping out Rowing ACT.

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His 14-day quarantine after Tokyo coincided horribly with Canberra's lockdown, tacking an extra few months on, but it gave him plenty of time to focus on his study and get up to speed.

"I've started helping out coaching the ACT high-performance program. I'm on the board of Rowing ACT. So I've got my finger in a bunch of pies still around the sport," he said.

"I really love the community side to it, there was a bit of time where I was quite disillusioned with the sport and sort of came out of the training centre back into the ACT community and suddenly refound my love for the sport. That's really the side of it that I enjoy. So I don't know what it would look like to make a comeback."

The Canberran won bronze at his debut Olympics in Tokyo, in the men's quadruple scull alongside fellow Canberran Caleb Antill, and Jack Cleary and Cameron Girdlestone.

Letcher and Antill grew up rowing against one another, and later in boats together, so Letcher said it was fitting they reached the podium together.

"Caleb and I have been rowing in boats together for over eight years now. And he's the person I've raced against the most out of anyone in the country, ever. So it was it was quite fitting for us in that sense to be in the boat together and racing together over there," he said.

"The two guys from the ACT together in one boat, we're born, bred, raised here. It was pretty cool. It's not often that gets to happen.

"We kind of went into it knowing we were in with a shot. I don't think even we could have anticipated how close the racing would have been in our event or that we would have come out on the better side of that. So we were overwhelmed. It was fantastic."

The team rowed in three practice regattas in Australia against other rowing teams to prepare for Tokyo.

Normally they would compete at international events to get experience together and gauge how they were tracking against other countries. However, COVID-19 prevented that, but the team was still able to walk away with a medal.

The team's accomplishment in Tokyo has been recognised by the Canberra Sports Awards.

The four members are finalists up against ACT Orienteering's Cockatoos senior women and the ACT Brumbies for team of the year.

"We really feel like an ACT team. Obviously Caleb and I, born and bred, and have done all of our rowing in the ACT," he said.

"And then also the crew, we did all of our training here in Canberra. We all met here, all of the other guys in the boat have spent the last three or four years of their lives living here. So we really feel like this is appropriate and it's pretty exciting to be recognised alongside the other athletes."

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