115 Bastin Road, Howard Springs NT 0835
115 Bastin Road, Howard Springs NT 0835
1,395,000 | 4.02 ha rural residential | 5 bed 4 bath | Howard Springs NT 0835 | high parking capacity | school proximity
The propertyโs primary strength is its substantial 4.02 ha landholding, which is a clear value driver in a market where large acreage options are limited. The 5-bedroom, 4-bathroom layout with six parking spaces suggests a property suited to a buyer seeking space for a large family or multiple vehicles, supported by a 95% owner-occupier rate on the street and a long-term resident share of 79%, indicating a stable community. School access is reasonable, with Howard Springs Primary School at 3.1 km and NT Christian College at 3.2 km, which may appeal to families. The property has been actively listed since 15 May, with private inspections available by request, but no scheduled inspections yet, suggesting the market is still assessing its fit.
A key constraint is the inconsistency in bedroom count across sources, with one listing showing 4 beds and another 5, which reduces confidence in the propertyโs exact configuration and may complicate buyer comparisons. The price picture remains unresolved, as the asking price sits above an automated estimate, but fair value cannot be determined from visible data alone. The propertyโs land content and rural-residential positioning require verification of zoning and any development constraints before confidence can be formed. How does the propertyโs actual layout compare to the listing, and what does the local councilโs land-use policy permit on this parcel?
Detailed Independent Property Report preparedย by PropCred Analyst team forย 115 Bastin Road, Howard Springs NT 0835
Market Insight:
Howard Springs presents a compelling family-oriented market, with demand driven by strong job conditions, population growth, and investor activity, further supported by government home buyer schemes. Recent house price growth has been robust, with a tight supply of listings and an exceptionally low vacancy rate underscoring competitive market conditions. Future growth is underpinned by sustained demand against limited new housing supply, though key risks include housing affordability pressures and potential sensitivity to interest rate movements.