FOR SALE
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67 Forrest Parade
Bakewell NT 0832

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 800m2
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RARE TRADITIONAL SIZED BLOCK ON FORREST PARADE!

A rare opportunity presents itself to secure a traditional sized block in the fully established suburb of Bakewell. This 800sqm easement free land allotment is cleared and ready for you to build! With 20 meters of street frontage and established fencing on three sides, this primely positioned generous slice of suburbia is the perfect choice if you want to build your dream home on an unencumbered title without the restrictions and limitations of developer covenants! With the upcoming election home builder grants have been announced up to $60k for first home builder, this is the perfect time to build!
What we love about this property:
• Cleared 800sqm ready to develop
• Unencumbered, easement free and no covenants
• Established fencing on three sides
• Well positioned, excellent location in established suburb
• Central to Palmerston Hospital, Palmerston CBD and Gateway Shopping Centre
• Close to local schools Forrest Parade school, Rosebery Primary school, Palmerston College and Woodroffe primary & preschools
• Family friendly and close proximity to local cafes, shopping centres and takeaway food outlets
This is likely the last vacant lot you will come across on Forrest Parade, as this area has long been established and it is rare to come across vacant land here, especially 800sqm. Don’t miss your chance to establish your new home or investment in a prime location
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Property Details for 67 Forrest Pde, Bakewell

Building Type
Land
Land Size
800m2

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About Bakewell 0832

The size of Bakewell is approximately 1.4 square kilometres. It has 9 parks covering nearly 5.1% of total area. The population of Bakewell in 2011 was 3,191 people. By 2016 the population was 3,075 showing a population decline of 3.6% in the area during that time. The predominant age group in Bakewell is 30-39 years. Households in Bakewell are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bakewell work in a clerical occupation. In 2011, 56.9% of the homes in Bakewell were owner-occupied compared with 55% in 2016.

Bakewell has 1,438 properties. Over the last 5 years, Houses in Bakewell have seen a 17.73% increase in median value, while Units have seen a 35.80% increase. As at 30 November 2024:

  • The median value for Houses in Bakewell is $481,339 while the median value for Units is $278,660.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Bakewell on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Bakewell.

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Derek Hart
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