5 Range Cres, Desert Springs NT 0870

5 Range Cres, Desert Springs NT 0870
Large block with pool and solar | high side elevation with desert views | priority school catchment | rumpus room and study | 4G coverage with FTTP This property occupies a strong position in Desert Springs. The high side elevation at 591 metres with natural bush outlook is a genuine rarity in this market, giving the house a privacy and cooling advantage that most competing properties lack. The 1020 square metre lot with 32 percent site coverage means the house is not oversized for the block, leaving usable outdoor space. The in-ground pool, solar panels, and evaporative cooling reduce ongoing energy and water costs, which matters in Alice Springs climate. The rumpus room, study, shed, and balcony make this suitable for a family needing separation of spaces or someone working from home. The priority enrolment for Sadadeen Primary School adds buyer pool depth. The main risk is the absence of past sales data for this address and limited comparable transactions nearby, meaning price discovery is untested at this level. The $880,000 listing sits above the upper end of estimated value ranges, so a buyer must negotiate from a position of market evidence rather than vendor expectation. The property has only been on market for a short period, which may mean the vendor has not yet adjusted to buyer feedback. For a buyer prepared to hold, the rental yield potential around $1000 per week supports an investment case, but the property best suits an owner-occupier who values the elevation, school catchment, and low running costs over short term capital gain.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Desert Springs presents a high-yield, family-oriented market with a notable price correction underway. Demand is anchored by established, higher-earning families, many with mortgages, seeking spacious housing. This has created a slow-moving market with extended listing periods, though exceptionally low vacancy underscores solid rental fundamentals. Future growth hinges on broader economic factors, while the current sensitivity to interest rates and limited sales activity present near-term constraints.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

1020mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat