1/22 Demda Circuit, Lyons NT 0810
1/22 Demda Circuit, Lyons NT 0810
Modern single-level four-bedroom | DHA-leased demand evident | Quiet Lyons estate | Softening market may aid entry
The property is positioned as a mainstream family house in a low-density Lyons pocket, where detached homes on generous blocks dominate. A likely four-bedroom, two-bathroom, double-garage configuration is aligned with local buyer expectations for space and practicality. The single-level, air-conditioned open-plan layout is well suited to Darwin’s climate. Interest is drawn from families seeking school and park access, and from defence personnel or investors attracted to proven rental returns. This dual demand is regarded as a reliable support for the property’s marketability.
A 3.7 percent twelve-month decline in Lyons values may colour price expectations. A fast sale of a nearby comparable, in four days, was recorded, showing well-priced homes still move quickly. No flood or bushfire overlays are indicated. The exact building age and any easements remain unverified and could affect maintenance outlooks.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/22 Demda Circuit, Lyons NT 0810
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Lyons, a small suburb in Darwin’s northern suburbs, is a tightly held family market. Couples with children and professionals drive demand, with rental households a clear majority and a vacancy rate near 1% underpinning house yields of roughly 5.8–5.9%. Median house prices vary by source, from $740,000 to $808,750, with annual growth ranging from -7.4% to +2.1%, reflecting a market that has cooled after earlier gains. Sales volume is thin at around 19–48 houses per year, while median days on market ranges from 55 to 136, suggesting patchy buyer demand. Future growth depends on limited stock and steady rental demand; risks include price variability and high mortgage exposure among owners.
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PropCred Estimated Value
A four-bedroom house on 642 m² sold for $850,000 in March, and a nearby Demda Circuit home transacted. The subject house is likely valued between $830,000 and $890,000.
Bedrooms
3
Bathroom
2
Parking
2
Land
386m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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