16 Jukes Cres, Katherine NT 0850

16 Jukes Cres, Katherine NT 0850
4 bed, 3 bath, 864sqm | tenant in place at $570/week | fully renovated kitchen | sought-after Katherine location The property offers a rare combination of immediate income and modernised living space. With a tenant secured until early 2026 at $570 per week, the buyer steps into a cash-flow positive position from settlement. The renovated kitchen and separate dining room provide genuine family appeal, while the three bathrooms and study or fourth bedroom give it a functional edge over typical Katherine listings. This suits an investor seeking a low-management hold or a family wanting a turnkey home with established rental history. The main risk is the 2008 purchase price being outdated as a valuation reference, meaning the buyer must verify current comparable sales carefully. The private inspection requirement may slow buyer traffic, which could be used to negotiate. The wood-fired pizza oven and spa are differentiating features that should hold value in this climate. For an owner-occupier, the fenced yard and proximity to schools reduce future outlay. Either way, hold for rental yield or occupy for immediate amenity.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Katherine presents a regional market with a contracting population yet steady transactional activity, driven by local professionals seeking housing. Recent price trends show significant divergence between asset classes, with houses demonstrating resilience while units face pressure. Future demand is underpinned by strong rental yields, though growth is constrained by limited supply, mortgage sensitivity, and affordability challenges relative to local incomes.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

864mยฒ

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