FOR SALE
Investors! $448,000

7/9 Drysdale Street
Parap NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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An attractive investment yielding 6.73%; leased for $580 per week until 7 February 2025.

Text 9DRY to 0488 810 057 to access webbook with all property information.
Enjoy the streetscape views and the cool sea breezes from this supersized top-floor balcony – 3-bedroom apartment positioned within a small modern complex – perfect for the homemakers and the investors alike.
Gated at street level with carport parking. Inside is a large foyer where you can kick off your shoes or bag or store the yoga mats. Next is an enormous open plan living, dining and kitchen space with tiled flooring underfoot and a wall of light-filled sliding doors and windows at the far side framing the endless blue skies.
The kitchen offers wrap-around counters along with overhead storage and a double-door pantry all finished in warm modern tones that play nicely off the white finishes and bright natural light that floods this home. From the living room, double sliding doors open onto the balcony which boasts an over-height roofline and treetop views over the streetscape below.
There are three bedrooms all with tiled flooring and A/C while the master of course has a private ensuite bathroom with a shower and vanity – very similar to the main bathroom which also hosts the laundry facilities as well. There is also a storage shed with bike racks for cyclists and two secure car parks with extra parking for visitors.
Positioned on the top floor with stairs, there is a lot to love about this fresh and modern abode, so put it at the top of your viewing list this weekend then pop over for a Laksa and explore the markets when you’re done.
Council Rates: Approx. $1700 per annum
Area Under Title: 166 square metres
Zoning: MR (Medium Density)
Status: Tenanted for $580 per week until February 2025
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Property Details for 7/9 Drysdale St, Parap

7/9 Drysdale St, Parap is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The place is currently for sale with Real Estate Central.

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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 1,833 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 16 properties listed for sale, and 16 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Parap.

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