FOR SALE
709,000

28 Easther Crescent
Coconut Grove NT 0810

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Floor area: 170m2
Land area: 805m2
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INVEST IN LOCATION with return of 7.3%

FOR THE KEEN INVESTOR
Grab this low maintenance property for $709000 with gross weekly income currently at $950 per week.
RISING TO $1000 PER WEEK IN MID SEPTEMBER to give a gross return of 7.3%
An opportunity like this doesn’t come along very often – tucked away into a court setting that is only
moments from major retailers and specialty shops along with a 5 min bike ride from the foreshore
and iconic Darwin coastline – this property has lifestyle and location on point.
The property consists of two non strata titled units { NO BODY CORP FEES}– so this is 2 for the price of 1. Gated at street level with a sheltered carport off the front and parking for at least 2, there is room for the push bikes
as well. Both units have the same layout but a different yard space and laundry amenities. Unit 1 has
a small sheltered front patio area with sliding doors that lead through to the internal living areas. This
unit has easy access to the carports and around the back of the property is a laundry room / storage
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Property Details for 28 Easther Cres, Coconut Grove

28 Easther Cres, Coconut Grove is a 4 bedroom, 4 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 805m2 and floor size of 170m2. The place is currently for sale with @realty.

Building Type
DuplexSemi-detached
Floor Size
170m2
Land Size
805m2

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About Coconut Grove 0810

The size of Coconut Grove is approximately 1.7 square kilometres. It has 8 parks covering nearly 22.6% of total area. The population of Coconut Grove in 2011 was 2,849 people. By 2016 the population was 3,064 showing a population growth of 7.5% in the area during that time. The predominant age group in Coconut Grove is 30-39 years. Households in Coconut Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coconut Grove work in a professional occupation. In 2011, 37.4% of the homes in Coconut Grove were owner-occupied compared with 37.4% in 2016.

Coconut Grove has 1,871 properties. Over the last 5 years, Houses in Coconut Grove have seen a 24.06% increase in median value, while Units have seen a 14.07% increase. As at 31 July 2024:

  • The median value for Houses in Coconut Grove is $588,568 while the median value for Units is $332,311.
  • Houses have a median rent of $760 while Units have a median rent of $500.
There are currently 16 properties listed for sale, and 4 properties listed for rent in Coconut grove on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Coconut grove.

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John Simpson
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