100 Cragborn Road, Uralla NT 0852

3-bed rural on 9ha near Katherine | elevated steel-frame home with solar and views | private treaty sale history at $750k in 2022 | rental yield potential above 6% on current list This property offers a rare combination of scale and proximity: 9.11 hectares of rural land less than ten minutes from Katherine town centre, with a two-storey steel-framed home built in 2003 that was clearly designed for entertaining and outlook. The installed solar panels, solar hot water, and water tank reduce ongoing utility costs – a meaningful edge for a buyer seeking a semi-self-sufficient lifestyle without full off-grid compromise. The 2022 purchase at $750,000 provides a recent transaction benchmark, and the current estimated value of $831,000 suggests modest but steady capital growth in a market where comparable rural residential stock is limited. This property suits a buyer wanting a permanent home with land for small-scale hobby farming or a high-yield rental investment – the $1,015–$1,215 weekly rent estimate implies a gross return well above typical residential benchmarks. The primary risk is the location’s reliance on satellite internet and 4G mobile coverage, which may deter remote workers or families requiring high-bandwidth connectivity – though this is typical for the area and not a structural defect. The absence of bushfire, flood, or heritage overlays is a clear advantage for both insurance and future development optionality, but buyers should verify if subdivision or additional dwelling approvals are feasible under current council zoning. The property’s steel frame and elevated design reduce maintenance risk in a tropical climate, and the built-in robes and split-system air conditioning add everyday liveability. Hold this property for medium-term capital appreciation or lease it immediately to capture the strong rental demand for rural homes near Katherine – either way, the land component provides a buffer against depreciation that standard suburban houses lack.