39 Scheelite Cres, Tennant Creek NT 0860

3-bedroom house | 667sqm block | 10% rental yield | Tennant Creek The property presents a rare combination of high rental return and low entry price in a regional market where housing supply remains constrained. The 667sqm block offers expansion potential, while the updated kitchen and covered entertaining area reduce immediate capital outlay. This suits an investor seeking double-digit yield or a first-home buyer wanting to exit rent quickly, given the $530 weekly income already in place. The primary risk is location-dependent demand and resale liquidity-Tennant Creek is a mining-services town with population volatility. The 1983 build requires ongoing maintenance, and the NBN FTTB connection is adequate but not premium. However, the 10% gross yield provides a strong buffer against vacancy, and the fenced yard with built-in robes meets tenant expectations. Hold for cash flow, not short-term capital gain.