36 Lockheed Road, Katherine NT 0850

3-bedroom house | 816m² fully fenced lot | Katherine NT | offers over $349k | no overlays or past sales This property offers a rare combination of a three-bedroom house on a generous 816m² fully fenced lot in Katherine, with no bushfire, flood, or heritage overlays. The open-plan living, split-system air conditioning, built-in robes, and outdoor entertaining area create a solid, low-maintenance home that suits first-home buyers or investors seeking a straightforward entry into the Katherine market. The fully fenced block and two car spaces add practical appeal, while the NBN Fibre to the Premises and 4G coverage support modern connectivity needs. The absence of sales history and medium-low confidence in value estimates introduce uncertainty, meaning buyers must rely on the listed price range and local market comparables. The property has been on the market for about 20 days, which may indicate limited competition or a need for price adjustment. For an investor, the rental yield estimate of $450–$550 per week offers a reasonable return against the asking price, but the lack of past transactions means due diligence on local rental demand is essential. Hold this property as a long-term residential investment or a starter home, with potential for capital growth as Katherine’s market matures.