9 Stanford Way, Durack NT 0830
9 Stanford Way, Durack NT 0830
Larger 843 m² block | four-car garage | in-ground pool | family-oriented estate | low-density setting
This house is positioned on a land-rich 843 m² block, which is notably larger than much of the surrounding suburban stock. The four-car garage, in-ground pool, and single-level layout make it a practical family property rather than a prestige product, and the low-density estate setting with parkland and golf-course amenity nearby reinforces its appeal. It serves best buyers who want a substantial block, room for multiple vehicles, and outdoor living in a settled Palmerston suburb. The configuration is considered land-heavy, with the modest building area meaning the property’s core strength is its outdoor space and future flexibility rather than internal grandeur.
Value may be shaped primarily by the land-to-building ratio, as the 122 m² interior is modest for the block size. Opportunities to extend or renovate could unlock additional worth, though standard finishes and the older-era layout might limit immediate appeal for premium-seeking buyers. The pool and four-car garage are likely to command a measurable premium in this family market, while any perceived need for updating may temper offers. Buyers are advised to view the property as a land-driven purchase with renovation potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Stanford Way, Durack NT 0830
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Durack, in Palmerston’s mature belt, suits professional and trade households in their 30s, many with certificate-level qualifications, plus interstate investors drawn by a tight 1.23% vacancy and a 5.99% gross house yield. House prices have compounded 12.2–14.2% annually to a $625,000 median, while rents sit at $680 a week. Yet turnover is thin at 200 sales a year, and houses linger 113 days versus 60 across the NT, signalling buyer caution. The NT Government’s $10,000 first-home incentive and steady 4% rent growth underpin future demand, but high rate sensitivity and volatile stock levels — down 32% year-on-year — leave the market exposed. Rental population is high at 48%. Infrastructure and school access remain unquantified; land sizes range widely from 343m² to 874m². The price-growth streak is real but fragile, reliant on investor appetite and low supply.
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PropCred Estimated Value
Comparable Sales: 9 Emerald Place, Durack – $840k; 9 Rayney Street, Durack – $660k | Property Price Band: $900K–$1.0M | Value Drivers: land size, four-car garage, pool
Bedrooms
4
Bathroom
2
Parking
2
Land
446m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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