295 Zimin Drive, Cossack NT 0850

295 Zimin Drive, Cossack NT 0850
5-bedroom acreage | 2.2ha near town | solar panels | 10-car carport This propertyโ€™s competitive edge lies in its rare combination of generous land area within a manageable distance to Katherineโ€™s amenities, paired with substantial built infrastructure. The 10-car carport and separate study serve buyers needing workshop, storage, or home-office space, while the solar panels add ongoing utility savings. It is best suited for a family seeking semi-rural living without sacrificing town access, or an investor targeting the acreage segment where supply is constrained. The primary risk is the propertyโ€™s price sitting above the automated valuation midpoint, meaning the buyer pays a premium for the land size and improvements that may not fully translate to rental yield, given the estimated $750 per week return. The absence of heritage or flood overlays reduces holding risk, but the reliance on satellite NBN and 4G limits appeal for remote workers requiring high-bandwidth connectivity. A buyer should negotiate from the valuation floor and hold for long-term capital growth, using the acreage for lifestyle or partial income offset.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Cossack presents a unique proposition within the Katherine region, distinguished by a strong rental yield that points to persistent demand from tenants. The buyer pool is likely dominated by investors drawn to this income resilience, given the limited sales volume and a price trend that has recently shown volatility. While the median house value has experienced a notable correction, the market remains active for those seeking entry at a lower point. Future growth is contingent on broader regional economic stability, with the primary constraint being the thin transaction volume, which can amplify price swings and limit liquidity for sellers.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

10

Land

2.2 ha

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