8 Borassus Court Durack NT 0830

3 / 2 / 2 / 480 m2

Here you can find what you need to know about 8 Borassus Court , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Durack, NT and much more.

Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830
Property photo of 8 Borassus Court Durack NT 0830

Property Insights

8 Borassus Court Estimated Value

$500,000 - $550,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
Medium confidence estimate
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Last sold for $403,000 on 05/12/2016

Sale Type: Unknown

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
High confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 3
Bathrooms 2
Car Spaces 2
Land Size 480 m2
Floor Area 148 m2
House Type House
Council Area Palmerston
Year Built 2000
Zone Single Dwelling Residential
Lot/Plan 6478 Durack NT
Property Type House

Last listing description (October 2016)

Freshly Painted Internally And Externally
With zero upkeep, this home presents as an investors delight.

* Open plan living and dining rooms with split A/C and tiles
* Additional family room nestled between the bedrooms
* Large kitchen has servery to dining room and overhead storage
* Master bedroom complimented with ensuite and walk in robe
* Bedrooms have RAC air-conditioning with large sliding windows and BIR
* Internal laundry room with sliding door to outside
* Garden shed plus full sized hills hoist clothes line
* Large rear verandah overlooking low maintenance gardens
* Main bathroom complimented with a bath tub and sep shower
* Carport parking for 2 cars plus space for the boat down the side

The home itself is ideally suited to families because of its close proximity to the prestigious Durack Primary School that is fitted out with tennis courts and sporting ovals. Driving, it is less than 3 minutes away, or if walking with the kids it should take no more than 15 minutes.

Inside the home has a spacious open plan living and dining area painted in neutral tones with hard wearing tiles underfoot and split A/C on the walls. At the rear of the home is an additional family room nestled between the bedrooms creating a wonderful space for the family to enjoy privately.

All three bedrooms are a great size and 2 feature RAC A/C and tiled flooring with sliding glass windows to let in the natural light. The master is further complimented with an ensuite and walk in robe as well.
The kitchen offers plenty of storage with wrap around counters utilising every available inch of space.

Overhead cupboards are great feature as well as the servery bar into the dining room making it easy to prepare dinner and get it to the dining table without fuss. Hard wearing counters and neutral tones mean this kitchen will hold it's own in the years to come.

At the rear of the home is a large verandah overlooking the low maintenance gardens. The ideal spot to host a BBQ as it is quiet and private from the street. The home also offers a garden shed and hills hoist clothes line plus an internal laundry room too.

Centred in the middle of the sweeping street just a short walk away is a large park with play equipment for the kids and plenty of room for them to run around with the dog. Less then 5 minutes further down the street by foot is the stunning Durack Lakes where you can see turtles and ducks playing in the water.

For employment and shopping, Palmerston city centre is a short 5 minute drive up the hill, the town centre has major outlets like Target and Gloria Jeans, plus smaller boutique shops and the post office, police station and Coles nearby as well.

Property Timeline

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Suburb Insights

Durack, NT 0830

No data available Part of: Palmerston Council

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Demographic data provided
by Australian Bureau of Statistics

Here you can find everything you need to know about 8 Borassus Court, including the property sale history and estimated market value as well as insights into Borassus Court and Durack 8 Borassus Court Durack NT 0830