2 Cassia Court, Katherine East NT 0850

Quiet street in Katherine East | 4-bed solid brick with pool | 725-856m² block | below-median entry price for family homes This property offers a rare combination of solid brick construction, a functional four-bedroom layout, and a substantial fenced block with an in-ground pool-features that are increasingly hard to find at this price point in Katherine East. The house suits a growing family or a buyer seeking a low-maintenance holding with immediate liveability. Its quiet cul-de-sac positioning and lack of overlay constraints reduce downside risk, while the pool and carport add practical appeal for owner-occupiers. The block size variation between sources is minor and does not materially affect value; the larger figure likely includes the driveway or easement area. The main risk is the property’s previous withdrawal from sale in 2021, which may indicate a history of price expectations not aligning with market reality. The current listing at $440,000 sits above the estimated value range, so a buyer should negotiate toward the mid-to-upper end of that range to avoid overpaying. Rental demand supports a holding strategy if needed, with an estimated $565 per week providing reasonable cover. For an owner-occupier, this is a straightforward buy-and-hold; for an investor, it works only if acquired below $420,000 to ensure yield and future resale headroom.