FOR SALE
Price guide $380,000

5/12 Somerville Gardens
Parap NT 0820

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 148m2
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Convenient and inviting in Parap

Welcome to this spacious and modern 2-bedroom, 2-bathroom unit located in the sought-after suburb of Parap. This well-maintained property features a generous 148sqm of living space, perfect for those seeking a comfortable and convenient
Property Features:
Size: 2 bedrooms, 2 bathrooms, with a generous 148sqm of living space.
Design: Built in 1997, this unit offers a contemporary design with high-quality finishes throughout.
Living Area: The open-plan living area seamlessly flows onto a private balcony, ideal for entertaining guests or enjoying city views.
Location: Close proximity to the famous Railway Club, and Darwin classics like Parap Markets, cafes, restaurants, Parap Tavern, schools, and easy access to the city.
Parking: Includes 2 carport spaces, providing ample room for vehicles or storage needs.
Convenience: Conveniently located near transportation options for easy city access.
Important Info:
Council Rates: $1,700 PA Approx.
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Property Details for 5/12 Somerville Gdns, Parap

5/12 Somerville Gdns, Parap is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a floor size of 148m2. The place is currently for sale with Raine & Horne Darwin.

Building Type
Unit
Floor Size
148m2

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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.

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Akansh Batta
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Raine & Horne Darwin
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