74 Damabila Drive, Lyons NT 0810
74 Damabila Drive, Lyons NT 0810
Elevated family home | 5-bedroom layout with media room | 713m² block in Lyons pocket | solar panels installed | open-plan design flows to verandah
The property’s competitive strength lies in its generous 393m² building footprint on an elevated 713m² block, offering rare indoor-outdoor flow for tropical living. The five-bedroom configuration with separate media room suits families seeking multiple living zones without sacrificing privacy. Its position within priority enrolment areas for Wanguri Primary and Dripstone Middle School adds positional advantage for buyer families. Solar panels reduce ongoing utility costs, a practical edge in Darwin’s climate.
The primary risk is the 55% building coverage, which limits future extension potential and reduces usable yard space for buyers wanting a large garden. The property is not currently listed, so any purchase would require negotiating with an off-market owner, potentially at a premium above the estimated $1,201,000 value. For a buyer seeking a ready-to-occupy family home with strong rental fundamentals, the estimated $1,095 weekly income offers a solid holding strategy if occupancy is delayed.
Detailed Independent Property Report prepared by PropCred Analyst team for 74 Damabila Drive, Lyons NT 0810
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✕
2
Insight: Lyons NT 0810
Lyons is a family-oriented Darwin suburb with a high proportion of renters, indicating strong investor demand. Demand is driven by professionals and families, supported by a tight rental market with low vacancy. Recent price trends have been mixed, reflecting a period of market adjustment with varied sales activity. Future growth is underpinned by sustained rental demand, though price variability and a stable supply level present a measured risk profile for capital appreciation.
PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
713m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst