18 Cox Cres, Katherine NT 0850

3 bed, 1 bath, 2 toilet | 816m² block, 30% coverage | Katherine council, no overlays | Strong rental yield potential The property’s configuration is unusual for the market – a 3-bedroom house with only one bathroom but two toilets, which suggests a practical layout that may appeal to families or tenants who prioritise convenience over luxury. The 816m² block with only 30% building coverage leaves meaningful space for future additions or landscaping, a rare edge in Katherine where larger lots are often fully built out. With no bushfire, flood, or heritage overlays, the buyer avoids hidden compliance costs, and the reliable NBN and 4G coverage support remote work or tenancy appeal. This house is best suited to an investor seeking strong rental yield in a steady regional market, or a buyer wanting room to expand without immediate renovation pressure. The single bathroom is the primary constraint, potentially limiting appeal to families with older children or multiple adults, and may reduce resale velocity in a tighter market. Comparable sales data from Domain and Property.com.au show a wide value range of $320k to $430k, indicating thin transaction history and less price certainty. The lack of recent sales data for this specific property means the buyer must rely on suburb-level trends, not precise comparables. On the opportunity side, the $575 per week rental estimate against a mid-range purchase price produces a gross yield near 7.5%, well above national averages, and the large block allows for a future granny flat or subdivision if council zoning permits. Hold this property for cash flow, not short-term capital gain, and consider a modest bathroom upgrade only if vacancy becomes an issue.