86 Albrecht Drive, Larapinta NT 0875

86 Albrecht Drive, Larapinta NT 0875
Prime position in Ridges Estate | 807mยฒ with pool and solar | 3-bedroom floorplan with study | rental demand above suburb median This property occupies a strong position in Larapinta’s Ridges Estate, where the combination of an 807mยฒ lot, in-ground pool, and solar installation creates a rare configuration for the area. The 367mยฒ building footprint and fully fenced block serve families seeking immediate amenity without renovation work. With priority enrolment for Larapinta Primary School and a rental midpoint of $900 per week, the house suits both owner-occupiers wanting established infrastructure and investors targeting the top end of the local rental market. The study and outdoor entertainment area add functional depth that most 3-bedroom listings in this price band lack. The primary risk is the $665,000 asking price sitting above the suburb median of $408,000, which narrows the buyer pool to those specifically valuing the pool, solar, and estate positioning. No past sales data is available to benchmark price growth, and the NBN connection is Fibre to the Node rather than a premium fibre service. However, the 80% satellite-confirmed solar and pool features reduce ongoing utility and maintenance costs for the buyer. For a family or investor, this property should be held as a long-term residential holding where the lot size and estate location will outperform smaller blocks in the suburb over a 7 to 10 year cycle.

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

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Market Insight:

Larapinta presents as a family-centric suburb with a constrained rental market and high yields, yet it is currently experiencing a sustained market correction. Demand is driven by local professionals seeking affordability, but recent price trends show significant declines across both houses and units. Future growth is challenged by the suburb’s ongoing negative capital growth trajectory and limited new supply, though its tight vacancy rate provides some rental market stability.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

807mยฒ

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