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NT › Herbert › Koro Rd

62 Koro Rd, Herbert, NT, 836

House

4

Bedrooms

2

Bathrooms

2

Car spaces

20,000 m²

Land

158 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

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.

Why this property?

  • CalculationLand 20,000 m² against a 158 m² dwelling — the land is most of what is being bought.(Districts calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Herbert at a glance

1,800

People

$678,500

Median sale

$460/wk

Median rent

3.53%

Suburb gross yield

Median sale from 12 recorded sales (last 24 months) — a Districts calculation.

See the full Herbert report →

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. Listedprice unknowncompleted14 May 2019

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 20,000 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 $460/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

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

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 20,000 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

Herbert in one glance

Herbert at a glance

1,800

People

$678,500

Median sale

$460/wk

Median rent

3.53%

Suburb gross yield

Median sale from 12 recorded sales (last 24 months) — a Districts calculation.

See the full Herbert report →

Keep researching

  • Why Herbert? Read the area thesis →
  • What else is on the market in Herbert →
  • Other records on Koro Rd →

Listing material

Listed by Real Estate Central

Call Herbert Home - Room For Everything You Need

For Building & Pest Reports and ALL other information text '62KOR' to 0472 880 252

Spread over 2 big wings and joined by a fantastic, breezy entertaining area, this house has space and style to burn. Nestled on the edges of the Black Jungle and only 15 minutes from Coolalinga, there is plenty of space and accommodation for horse stables, granny flats, sheds and all of your rural toys. This is a home worth seeing with your own eyes.

Features;

Read the full description

4-bedroom family home on 5 acres in beautiful Herbert

Stunning kitchen with timber-top benches and island, state-of-the-art appliances, double sink and oversize drawers

Enormous master bedroom (could function as granny flat) separated from the main house by the patio, with ensuite and walk in robe

Slate-floored living room, stylishly downlit and cool all year round

Entertainment area extraordinaire with heaps of space, multiple cooling fans and a bar

Massive salt water pool and spa looking out over the well-maintained, reticulated gardens supplied by bore water

20 ft shipping container and horse stables along with separate paddocks for horses or other livestock

Escape the daily grind and try something altogether unique with 5 acres on the outskirts of the major settlements and with the National Parks in your backyard. Only 20 minutes from Palmerston this fantastic property might just be the answer to your prayers.

With bedrooms spread over 2 wings of the house, youll be spoilt for choice and have plenty of privacy and space. Big rooms are the norm in this wonderful home and the master bedroom exemplifies this with its own office, walk-in-robe and ensuite.

Abundant light and breeze find their way into the cool lounge room with slate floors and brick walls neatly insulating your retreat from the worst of the heat. Adjacent, the tiled kitchen is every cooks dream with beautiful timber-top benches, a big 5-burner hob and an island bench/dining table, sure to bring the family together.

Outside the huge entertaining area is bound to be a draw with its own bar area extending out to the huge pool surrounded by landscaped gardens. As you venture further out theres room for animals in the horse stables, storage in the shipping container and cars in the undercover carport.

Manageable but spacious, this fantastic property is essential viewing if youre in the property market and looking for something with a little more sparkle. Call us today to arrange a viewing.

Auction: Saturday 8th June @ 10:00AM On Site

Council Rates: $1,162 Approx. Per/Annum

Year Built: 1998

Area Under Title: 2 Hectares

Zoning: RL (Rural Living)

Status: Vacant Possession

Vendors Conveyancer: Ward Keller

Building Report: Available from webbook

Pest Report: Available from webbook

Settlement period: 30 days or variation on request

Deposit: 10% or variation on request

Easements as per title: None Found

Listing description written by Andrew Harding, Real Estate Central — reproduced as published, not verified by Districts.

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.