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.
NT › Wagaman › Colster Cres
3
Bedrooms
1
Bathrooms
2
Car spaces
817 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
No recorded sale price for this property yet.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NTNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 817 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 817 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by @realtyDeceased Estate - Renovation Opportunity in Wagaman!
Are you searching for the ideal place to call home or perhaps an investment opportunity with unlimited potential? Look no further! We are thrilled to present this affordable opportunity in Wagaman, to purchase a timeless, solid brick ground-level home that's just waiting for its next chapter.
Location, Location, Location: Your Gateway to Convenience
Situated in the convenient and central suburb of Wagaman, this charming property is strategically located close to all the amenities and attractions that make life in this vibrant region so appealing. Whether you're a young family, a savvy investor, or someone looking to downsize, this home offers the ultimate in convenience.
Major Shopping Centre: Casuarina shopping centre just a stone's throw away, your retail therapy needs are met effortlessly.
University Proximity: For those seeking higher education or working at the nearby university, you will find this location exceptionally convenient.
Local Shops: Local shops are within walking distance, making errands and daily shopping a breeze.
Schools: Families will love the proximity to schools, ensuring a quality education for your children without the hassle of long commutes.
Parks and Recreation: Embrace the outdoor lifestyle with nearby parks and recreational areas.
Bus Routes: Public transportation is easily accessible, connecting you to the wider Darwin area. Say goodbye to traffic woes and hello to stress-free commuting.
The Perfect Canvas for Your Vision
Nestled on a traditional 817m2 block with no easements, this property is a blank canvas, ready for your creative touch. Whether you dream of renovating this home to its former glory or have grand plans for redevelopment, this property provides endless possibilities.
Renovation Potential: The solid brick construction of this home offers a strong foundation for a renovation project. Let your imagination run wild as you transform this property.
Redevelopment Opportunity: Investors, developers, and those with a vision for the future will appreciate the potential for redevelopment on this spacious block in this well serviced location. Unlock the value of this prime location.
Character and Charm: The classic design of this home exudes character and charm. Embrace its unique features and make it your own.
Your Dream Awaits: Act Now!
Do not miss this opportunity. Whether you are a first-time homebuyer, an astute investor, or a developer with grand aspirations, this property offers endless potential in a sought-after location.
Don't Miss the Auction: An Appointment with Opportunity
This property will be auctioned on-site at 10:00 AM on October 21, 2023. Seize the chance to purchase this property and transform it into a lucrative investment.
Please note this is a deceased estate sale. Contact Byron for more details or to arrange a viewing. Do not let this one-of-a-kind opportunity pass you by. Unlock the potential within Wagaman and make your mark on this promising location.
Listing description written by Byron Wauchope, @realty — reproduced as published, not verified by Districts.