15 Butters Street, Moil NT 0810

Large block | strong growth suburb | recent sale below value | solid rental yield This house on a generous block in Moil presents a rare buying case in a suburb with 25% annual price growth and a median well above this property’s estimated range. The land-to-building ratio, at roughly 27% coverage, offers immediate positional strength for a buyer seeking either a high-yielding hold or future redevelopment optionality. With no overlays detected and a school catchment including Moil Primary and Casuarina Senior College, this property suits an investor or a family buyer looking to enter a tightening market below the median. The wide valuation spread—from $400,000 auction guidance to a $605,000 upper estimate—signals that condition and renovation history will define the true cost. A buyer must verify whether the 2023 sale at $280,000 reflected a distressed transaction or deferred maintenance; if the latter, capital outlay could compress yield. The rental estimate of $665 per week supports a 5% return, but only if the house is tenant-ready. Hold for land appreciation and consider a modest renovation to lift rent and resale value, or redevelop if zoning permits.