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NT › Durack › Bullita St

15 Bullita St, Durack, NT, 830

For saleHouse

$980,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

508 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $980,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $980,000(Listing record · 22 July 2026)
  • FactLand 508 m²; no building size recorded.(Property record)
  • CalculationAsk is 25% above the Durack median recorded sale ($785,000, n=32, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Durack's advertised median rent ($500/wk), implied gross yield would be 2.65% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$980,000

Asking · $1,929/m² of land

No recorded sale for this property.

Durack at a glance

4,231

People

$785,000

Median sale

$500/wk

Median rent

3.31%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Durack report →

Vs Durack

+24.8%

Median sale

Suburb $785,000

-0.66 pp

Gross yield

Suburb 3.31%

Suburb median $785,000 from 32 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$980,000
Stamp Duty (Northern Territory)
$48,510
Transfer/Registration Fee
$181
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,032,391

$52,391 on top of the price (5.3% extra)

  • Stamp Duty (Northern Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Northern Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Durack's advertised median rent — not a rent for this listing.

Net yield
1.15%
Annual cashflow (pre-tax)
$-39,660
Interest cover (DSCR)
0.22
Annual rent
$26,000
Operating expenses
$14,700
Loan amount
$784,000
Annual interest
$50,960
Gross yield
2.65%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$980,000available22 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NT

Why this lot, not just this suburb

Why could this property outperform?

NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 508 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $500/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 508 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Durack in one glance

Durack at a glance

4,231

People

$785,000

Median sale

$500/wk

Median rent

3.31%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Durack report →

Keep researching

  • Why Durack? Read the area thesis →
  • What else is on the market in Durack →
  • Other records on Bullita St →

Listing material

Listed by Absolute Real Estate NT Sales

Resort-Style Family Living in Prestigious Lakeside Durack

Some homes simply feel different from the moment you arrive. Beautifully refreshed with fresh interior and exterior paint, professionally styled and impeccably presented, this stunning Durack residence combines sophisticated contemporary design with warm natural finishes to create a home that feels both luxurious and welcoming. Designed to embrace the Territory lifestyle, sophisticated interiors flow effortlessly to resort-inspired outdoor living, creating a home that is every bit as impressive to entertain in as it is to come home to.

Positioned within one of Palmerston's most sought-after lakeside communities, this exceptional family home offers a rare combination of contemporary luxury, thoughtful design and effortless practicality. Every space has been carefully considered to maximise natural light, capture cooling breezes and create an effortless connection between indoor and outdoor living.

At the heart of the home, an expansive open-plan living and dining area is framed by oversized stacker doors that open almost the entire width of the home, creating a seamless connection to the beautifully appointed alfresco with its striking timber-lined ceiling and the resort-style pool beyond. Filled with natural light, this impressive space has been designed for entertaining, relaxing and bringing family and friends together.

Read the full description

The stunning designer kitchen is undoubtedly the centrepiece of the home. An oversized stone island creates the perfect gathering place, with the induction cooktop seamlessly integrated into the benchtop beneath a striking suspended ceiling-mounted rangehood, creating a sleek architectural statement. Beautiful pendant lighting, quality appliances, extensive cabinetry and cleverly concealed appliance cupboards behind roller doors combine sophisticated style with exceptional functionality, making this a kitchen that is as practical as it is beautiful.

Privately positioned away from the remaining bedrooms, the spacious master suite provides a peaceful parents' retreat. Complete with a generous walk-in robe and beautifully appointed ensuite, this luxurious space features twin vessel basins, dual shower heads and contemporary finishes, while enjoying direct access to its own private garden courtyard.

Three additional bedrooms provide excellent flexibility for growing families, guests or those working from home, with the fourth bedroom equally suited as a media room or home office. The stylish family bathroom includes a separate shower and bathtub, ensuring everyday family living is both comfortable and practical.

Outside, everyday life feels like a private resort. The expansive undercover entertaining pavilion is enhanced by a stunning timber-lined ceiling, adding warmth, character and a luxurious finish to the space. Overlooking the sparkling concrete swimming pool and framed by established tropical gardens, this private oasis has been designed for effortless entertaining and relaxed family living. Whether hosting weekend barbecues, enjoying a quiet morning coffee or simply unwinding at the end of the day, this outdoor sanctuary is one you'll enjoy throughout every Territory season.

Completing the home is an oversized double garage with internal access, a generous internal laundry, quality floor tiling throughout, full air-conditioning and an approximately 6kW solar power system, providing year-round comfort while helping to improve energy efficiency.

Completing the picture is the location. Set within the beautiful lakeside community of Durack, you'll enjoy picturesque lakes, walking trails, parklands, Palmerston Golf Course, quality schools, local shopping and cafs, all just minutes from Palmerston CBD. It's easy to see why Durack remains one of Palmerston's most tightly held and desirable suburbs.

At a Glance

Prestigious lakeside Durack location

Beautifully refreshed with fresh interior and exterior paint

Professionally styled throughout

Four generous bedrooms

Flexible fourth bedroom, media room or home office

Spacious master retreat with walk-in robe

Designer ensuite with twin vessel basins and dual shower heads

Private courtyard access from the master suite

Expansive open-plan living and dining

Oversized stacker doors creating seamless indoor-outdoor living

Stunning designer kitchen with oversized stone island

Induction cooktop with suspended ceiling-mounted rangehood

Stone benchtops and quality appliances

Concealed appliance cupboards with roller doors

Feature pendant lighting

Spacious undercover alfresco with timber-lined ceiling

Impressive concrete swimming pool

Established tropical gardens providing privacy

Stylish family bathroom with separate bath and shower

Large internal laundry

Oversized double garage with internal access

Additional off-street parking

Fully air-conditioned throughout

Approximately 6kW solar power system

Solar hot water & additional electric hot water system as a backup

Around the Suburb:

Stroll or cycle around the beautiful Durack Lakes and parklands

Enjoy a round of golf at Palmerston Golf & Country Club

Shop, dine & run errands at nearby Palmerston Shopping Centre

Gateway Shopping Centre is just minutes away for retail

Quality schools are close by, making family life convenient

Local parks & sporting facilities offer plenty of recreation options

About the Property:

Council Rates: $2,083.51 per annum

Year Built: 2015

Easement: Electricity Supply Easement to Power & Water Corp

Area on Title: 508 square metres

Area under roof: 248 square metres

House, Garage, & Verandah-Full code issued 04/12/2015

Sold with vacant possession

Estimated rental income of approximately $1,100 per week

Listing description written by Maria Kathopoulis, Absolute Real Estate NT Sales — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Solar Hot Water
  • Solar Panels
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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.