4/20 Somerville GardensParap NT 0820
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Tropical Oasis close to the city
Property Details for 4/20 Somerville Gdns, Parap
4/20 Somerville Gdns, Parap is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The place is currently for sale with For Sale By Owner Australia Pty. Ltd..
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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 1,840 properties. Over the last 5 years, Houses in Parap have seen a 21.88% increase in median value, while Units have seen a 44.12% increase. As at 30 November 2024:
- The median value for Houses in Parap is $761,513 while the median value for Units is $358,066.
- Houses have a median rent of $720 while Units have a median rent of $575.
Suburb Insights for Parap 0820
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