FOR SALE
$505,000

4/27 Parap Road
Parap NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 240m2
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UNDER OFFER - Charming Villa in Prime Parap Location

Phone enquiries - please quote property ID 34759.
Located in the vibrant heart of Parap, this charming 2-bedroom villa offers an exceptional lifestyle directly opposite the renowned Parap markets, and boutique cafes, restaurants and shops. Nestled in a private, Bali-inspired garden with a relaxing magnesium spa, this pet-friendly villa provides a tranquil retreat just minutes from Darwin's CBD.
Currently thriving as an Airbnb, this beautifully presented property provides endless opportunities, whether you're looking for a home, investment, or a fully-equipped business venture.
Key Features:
* Expansive open-plan living and dining areas, with multiple entries to the wrap-around courtyard
* Lush, tropical garden with a private spa set amongst the foliage
* Well-equipped kitchen with ample storage, induction cooktop, and internal laundry
* Master bedroom opens onto the courtyard and spa, with a large built-in robe
* Easy-clean bathroom with high-quality fixtures, a large shower/bath, and a separate toilet
* Air-conditioned and tiled throughout, with ceiling fans and excellent natural airflow
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Property Details for 4/27 Parap Rd, Parap

4/27 Parap Rd, Parap is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 240m2 and floor size of 90m2. The place is currently for sale with No Agent Property.

Building Type
Townhouse
Floor Size
90m2
Land Size
240m2

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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 1,831 properties. Over the last 5 years, Houses in Parap have seen a 21.57% increase in median value, while Units have seen a 27.70% increase. As at 31 October 2024:

  • The median value for Houses in Parap is $779,500 while the median value for Units is $325,196.
  • Houses have a median rent of $750 while Units have a median rent of $575.
There are currently 17 properties listed for sale, and 13 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Parap.

Suburb Insights for Parap 0820

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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 for any loss or damage arising in connection with the data and information contained in this publication.