3/48 Emery Avenue, Woodroffe NT 0830

3/48 Emery Avenue, Woodroffe NT 0830
Updated kitchen and private courtyard | 71mยฒ on 189mยฒ lot | 2-carport low-maintenance unit | Quiet Woodroffe complex near schools This unit offers a rare configuration advantage for Woodroffe-a 71mยฒ internal footprint on a 189mยฒ lot with two carports and a private courtyard, which is uncommon for a 1993-built apartment. The renovated kitchen and low-maintenance layout serve first-home buyers or investors seeking reliable tenant appeal without strata complexity. Its position in a quiet complex with priority school enrolment and FTTP broadband supports stable demand from young families or professionals who value privacy and amenity over density. The primary risk is the recent nearby sale at 1/48 Emery for $265,000 in May 2025, which sold below its 2014 purchase price of $335,000, signaling possible softening in this complex’s capital growth profile. That said, this unit’s superior lot size, carport count, and updated interior may justify a premium over that sale. The opportunity lies in holding for rental yield-estimated $470โ€“550 per week-rather than short-term appreciation. Use this property as a cash-flow-positive hold with renovation upside already captured, and monitor strata reports for any deferred maintenance given the building’s age.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/48 Emery Avenue, Woodroffe NT 0830
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Market Insight:

Woodroffe presents a compelling investment proposition, characterised by strong rental demand and significant capital appreciation. Demand is driven by interstate investors attracted to high yields and local first-home buyers supported by government incentives. The market has experienced robust price growth, though sales volumes remain localised and days on market are extended, indicating a steady rather than frenetic pace. Future momentum hinges on sustained investor interest, while a sharp contraction in available stock poses a key supply constraint.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

189mยฒ

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