FOR SALE
Offers Over $320,000

319/12 Salonika Street
Parap NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
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Reduced body corporate fees coupled with elevated rental returns- Perfect Opportunity

Don't miss the chance to own a luxurious studio apartment in the heart of Parap, Darwin's highly sought-after suburb. This stunning apartment is thoughtfully designed to captivate both owner-occupiers and savvy investors alike, complete with stylish furnishings and an enviable 4th-floor location.
Discover the epitome of luxury living in this stunning apartment that promises not only a lavish lifestyle but also impressive returns on your investment. This property boasts a myriad of features that set it apart from the rest.
Step into an elegant kitchen and dining area, equipped with top-tier Miele stainless-steel appliances and a convenient gas cooktop. As you move through, the living space seamlessly extends from the kitchen, revealing breathtaking ocean views and serene green parklands. This is the kind of lifestyle that dreams are made of.
Within the complex, residents enjoy a wealth of amenities, transforming everyday living into a five-star experience. Dive into a refreshing swimming pool, host a barbecue gathering in the outdoor area, stay fit in the gym, challenge friends to a game in the games room, or even work on your golf swing in the dedicated driving net - all at your fingertips.
Security is paramount here. The complex is built to the highest standards, with secure fob entry ensuring peace of mind in the carpark and lifts. Each apartment comes with a dedicated private parking space, ensuring the utmost convenience for tenants.
But it's not just about the property; it's about the lifestyle it offers. This prime location puts you in close proximity to the beloved Parap Markets, renowned for their delectable laksa, local produce, and artisan crafts. Additionally, the esplanade is just a stone's throw away, boasting a diverse array of cafes and restaurants that promise tenants a unique and vibrant experience.
What sets this opportunity apart is the promise of impressive returns on your investment. Don't miss the chance to secure your dream investment property in one of Darwin's most sought-after locales. Contact Akansh at 0483 333 235. today for more information and to seize this unparalleled opportunity.
To sweeten the deal, this property comes fully furnished, elevating its appeal and making it an attractive prospect for both tenants and investors alike.
Investors, seize this opportunity today and secure your future!
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Property Details for 319/12 Salonika St, Parap

319/12 Salonika St, Parap is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 77m2. The place is currently for sale with Raine & Horne Darwin.

Building Type
Apartment
Floor Size
77m2

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About Parap 0820

The size of Parap is approximately 1.1 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of Parap in 2011 was 1,975 people. By 2016 the population was 2,759 showing a population growth of 39.7% in the area during that time. The predominant age group in Parap is 30-39 years. Households in Parap are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parap work in a professional occupation. In 2011, 45.6% of the homes in Parap were owner-occupied compared with 34.1% in 2016.

Parap has 1,838 properties. Over the last 5 years, Houses in Parap have seen a 16.66% increase in median value, while Units have seen a 38.65% increase. As at 28 February 2025:

  • The median value for Houses in Parap is $770,299 while the median value for Units is $354,947.
  • Houses have a median rent of $720 while Units have a median rent of $573.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Parap.

What's around 319/12 Salonika St, Parap

Nearby Schools
Comparable Properties
St John's Catholic College
0.39km
the Gardens 0820
SecondaryNon-Government7 - 12Combined223 Enrolled
Darwin Middle School
0.46km
The Gardens 0820
SecondaryGovernment7 - 9Combined791 Enrolled
Northern Territory School of Distance Education
0.58km
The Gardens 0820
SecondaryGovernment10 - 12Combined86 Enrolled
Stuart Park Primary School
0.61km
Stuart Park 0820
PrimaryGovernmentP - 6Combined560 Enrolled
Darwin High School
0.67km
The Gardens 0820
SecondaryGovernment10 - 12Combined1339 Enrolled
Parap Primary School
1.27km
Parap 0820
PrimaryGovernmentP - 6Combined463 Enrolled
St Mary's Catholic Primary School
2.17km
Darwin 0800
PrimaryNon-GovernmentP - 6Combined214 Enrolled
Larrakeyah Primary School
2.18km
Larrakeyah 0820
PrimaryGovernmentP - 6Combined448 Enrolled
Ludmilla Primary School
2.42km
Ludmilla 0820
PrimaryGovernmentP - 6Combined68 Enrolled
Millner Primary School
6km
Millner 0810
PrimaryGovernmentP - 6Combined164 Enrolled

Suburb Insights for Parap 0820

Market Insights
Parap Trends for Houses
Median Value

$770k

2.58%
View Trend
Median Growth

-2.01%

View Trend
Median Rent

$720/W

4.00%
View Trend
Rental Yield

5.56%

3.35%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (03/24 - 02/25)
Parap Trends for Units
Median Value

$355k

6.55%
View Trend
Median Growth

-5.17%

View Trend
Median Rent

$572.5/W

4.09%
View Trend
Rental Yield

8.02%

4.16%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (03/24 - 02/25)
Neighbourhood Insights
Age

Population 2,759

0-9

 

14%

10-19

 

10%

20-29

 

15%

30-39

 

21%

40-49

 

17%

50-59

 

12%

60-69

 

9%

70-79

 

3%

80-89

 

1%

Household Structure
Occupancy
Contact agent
Akansh Batta
Show contact details
Raine & Horne Darwin
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.