23 Butters Street, Moil NT 0810

23 Butters Street, Moil NT 0810
Large family home with pool and solar | 957m² low-coverage lot | Prime school catchments | High-confidence rental yield This property presents a competitively strong, low-density family offering in Moil, distinguished by its substantial landholding and functional upgrades. The 957m² lot with only 25% building coverage is rare for newer suburbs and provides significant utility and future flexibility, enhanced by a swimming pool, solar panels, and a rumpus room. It serves families seeking established space within priority enrolment zones for Moil Primary and Casuarina Senior College, supported by a high-confidence rental estimate that signals steady demand from a similar tenant profile. Proceed with the understanding that the premium over the estimated value reflects payment for its curated amenities and land bank, not recent capital growth. The main risk is market acceptance of that premium against 65 other houses for sale in Moil. The opportunity is securing a turnkey, high-yielding family home on a large block where new supply is constrained. Acquire for long-term hold as a cash-flow positive primary residence or investment, leveraging its functional completeness and land scarcity. * 23 Butters St (this property): Sold Dec 2017 for $580,000. * 22 Butters St: Estimated value $706,000 on a 786m² lot. This prior sale and the direct comparison underscore a significant appreciation trajectory and validate a price premium for this property’s larger land size and superior inclusions like the pool and solar.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Moil is a family-oriented northern Darwin suburb with a market driven by established households, evidenced by its high proportion of family homes and mortgaged owners. Demand is supported by consistent annual sales activity, with house prices demonstrating strong recent growth. The market is characterised by low listing volumes, creating competitive conditions for buyers. Future performance will be influenced by this constrained supply against steady demand, with its car-dependent infrastructure shaping its suburban appeal.

PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

2

Land

1000m²

Built

Recent Assessments