34 Cormorant Street, Bakewell NT 0832

34 Cormorant Street, Bakewell NT 0832
Large-block modern home | 4-car parking | Bakewell primary school zone | Strong rental yield potential This property presents a compelling buying case for those seeking a larger residential block with modern infrastructure in Bakewell. The 842 mยฒ land size is significantly above area averages, and the 4-car garage accommodation is a rare feature that differentiates this house from most comparables. The 2010 build date and fibre-to-premises connectivity add structural and lifestyle appeal. This house is best suited to families requiring space and parking, or investors targeting the $780โ€“$830 per week rental bracket, where gross yield sits above 5% at the guide price. The main risk is the unresolved discrepancy between sources reporting one versus two bathrooms, which could materially affect both valuation and buyer perception. Automated estimates range from $540,000 to $742,000, while the asking price sits above all of them, suggesting the vendor is pricing for premium condition or upgrades that must be verified through inspection. No bushfire, flood, or heritage overlays reduce environmental risk, but the buyer should confirm exact bathroom count and any recent renovations before proceeding. The larger block and modern build offer genuine opportunity if the premium is justified by verified features.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 34 Cormorant Street, Bakewell NT 0832
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Bakewell is a tightly held family suburb popular with essential workers, underpinned by significant economic drivers including the Barossa gas project and sustained Defence spending. High rental demand and a significant drop in seller listings have created a supply-constrained market, supporting strong recent price growth. Future performance hinges on affordability constraints tempering the market after a period of significant gains, with the potential for supply to respond to sustained buyer interest.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

4

Land

842mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat