7 Glencoe Court, Katherine East NT 0850

Spacious 3-bed family house | 849m² block | large 223m² footprint | quiet court location | slow market pace A 223m² building footprint for a three-bedroom house is uncommon, as most comparable homes in the area carry a smaller floor area. Combined with an 849m² block, this creates a genuinely spacious family property. The home is fully fenced, air-conditioned, and includes a balcony, dishwasher and floorboards, with fibre-to-the-premises connectivity as a practical advantage. It serves best an owner-occupier family wanting room to spread out in a quiet court, or an investor looking for a durable house that appeals to regional workforce tenants. Value may be affected by the slow-selling environment in this suburb, where buyer demand is steady rather than urgent. Risk is reduced by the absence of overlay constraints and by modern connectivity, though the large land size might be perceived as requiring higher maintenance. Existing features are functional rather than premium, so valuation is driven by land area and floor space. >> Comparable Sales: 6 Clough Court sold August 2020 for $340,000 | Property Price Band: $400,000-$500,000 | Value Drivers: land size, building footprint, family-friendly layout