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NT › Wagaman › Wagaman Tce

28 Wagaman Tce, Wagaman, NT, 810

For saleHouse

$670,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

743 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $670,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $670,000(Listing record · 11 Aug 2026)
  • FactLand 743 m²; no building size recorded.(Property record)
  • CalculationAsk is 16% below the Wagaman median recorded sale ($800,000, n=9, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wagaman's advertised median rent ($340/wk), implied gross yield would be 2.64% — 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

$670,000

Asking · $902/m² of land

No recorded sale for this property.

Wagaman at a glance

2,118

People

$800,000

Median sale

$340/wk

Median rent

2.21%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Wagaman report →

Vs Wagaman

-16.2%

Median sale

Suburb $800,000

+0.43 pp

Gross yield

Suburb 2.21%

Suburb median $800,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$670,000
Stamp Duty (Northern Territory)
$33,165
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
$707,046

$37,046 on top of the price (5.5% 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 Wagaman's advertised median rent — not a rent for this listing.

Net yield
1.14%
Annual cashflow (pre-tax)
$-27,210
Interest cover (DSCR)
0.22
Annual rent
$17,680
Operating expenses
$10,050
Loan amount
$536,000
Annual interest
$34,840
Gross yield
2.64%

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$670,000available11 Aug 2026
  2. Listedprice unknowncompleted21 Aug 2024

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 743 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 $340/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 2.6%. 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 743 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

Wagaman in one glance

Wagaman at a glance

2,118

People

$800,000

Median sale

$340/wk

Median rent

2.21%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Wagaman report →

Keep researching

  • Why Wagaman? Read the area thesis →
  • What else is on the market in Wagaman →
  • Other records on Wagaman Tce →

Listing material

Listed by Absolute Real Estate NT Sales

Space to Grow. A Pool to Love. A Location Made for Family Life.

Perfectly positioned in one of Wagaman's most convenient family-friendly pockets, directly opposite Wagaman Primary School, this beautifully maintained home offers the space, comfort and practicality growing families are searching for.

Set on a generous 743m allotment, the home brings together two separate living areas, three generous bedrooms, a recently refurbished inground pool and extensive undercover parking-all surrounded by established tropical gardens.

FAMILY LIVING WITH ROOM FOR EVERYONE

Read the full description

Inside, all three bedrooms include built-in robes, air conditioning and window furnishings, while cool tiled flooring throughout makes everyday living comfortable and easy to maintain.

Designed with family functionality in mind, two spacious living areas are arranged around the central kitchen and dining space, providing a wonderful balance between time together and room to spread out.

Whether you need a children's play area, somewhere for family movie nights or a quiet second living space to unwind, the flexible layout can easily adapt as your family grows.

PRACTICAL EXTRAS

The well-appointed family bathroom includes a separate shower and bathtub.

Adding even more practicality is a second bathroom with a shower, toilet and vanity, positioned alongside the internal laundry and additional storage. It is a particularly convenient inclusion when entertaining or coming in from the pool.

YOUR OWN TROPICAL RETREAT

Step outside and discover a private tropical setting centred around the securely fenced inground swimming pool, which has recently been re-fibreglassed and repainted for a fresh new finish.

Established gardens frame the backyard, creating a peaceful place to relax, entertain and enjoy the Darwin lifestyle with family and friends.

A substantial 13-metre by 7-metre covered carport provides extensive undercover space for multiple vehicles, a boat, trailer or other recreational equipment. The fully fenced property also offers welcome privacy and peace of mind for families with children or pets.

AT A GLANCE

* Three generous bedrooms with built-in robes

* Air conditioning and window furnishings to all bedrooms and living areas

* Two spacious and separate living areas

* Central kitchen and dining space

* Cool tiled flooring throughout

* Main bathroom with separate shower and bathtub

* Second bathroom externally with shower and toilet

* External laundry and additional storage

* Recently re-fibreglassed and repainted inground pool

* Securely fenced pool area

* Established tropical gardens

* Substantial 13m x 7m covered carport

* Fully fenced 743m allotment

* Directly opposite Wagaman Primary School

AROUND THE SUBURB

* Wagaman Primary School directly opposite

* Casuarina Square just a short drive away

* Leanyer Recreation Park nearby, with water slides, a swimming lagoon and playground

* Convenient access to Charles Darwin University

* Close to local shops, sporting facilities and public transport

ABOUT THE PROPERTY

Area under title: 743m

Year built: Prior to 1975 - Full Code Certificate issued 28 May 1986

Council rates: $1566 per annum

Easements: None found

Currently leased: $750 per week until 19 April 2027

Occupancy: The tenant has indicated they may consider vacating earlier, subject to negotiation and mutual agreement

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

Property features

  • Air Conditioning
  • Balcony
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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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.