FOR SALE
Expressions of Interest

3 Narrows Road
The Narrows NT 0820

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 1910m2
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Tropical Paradise on 1910 sqm with development potential!

Property Specifics:
Year Built: 1978
Council Rates: Approx. $2,700 per year
Area Under Title: 1910 square metres
Rental Estimate: Approx. $700 - $750 per week
Vendor's Conveyancer: Tschirpig Conveyancing
Preferred Settlement Period: 30-45 days from the contract date
Preferred Deposit: 10%
Easements as per title: Sewerage & Drainage Easement
Zoning: LR LR (Low Density Residential)
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Property Details for 3 Narrows Rd, The Narrows

3 Narrows Rd, The Narrows is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1910m2. The place is currently for sale with Ray White Darwin.

Building Type
House
Land Size
1910m2

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About The Narrows 0820

The size of The Narrows is approximately 0.3 square kilometres. It has 1 park covering nearly 7.8% of total area. The population of The Narrows in 2011 was 631 people. By 2016 the population was 610 showing a population decline of 3.3% in the area during that time. The predominant age group in The Narrows is 40-49 years. Households in The Narrows are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in The Narrows work in a trades occupation. In 2011, 41.5% of the homes in The Narrows were owner-occupied compared with 43.8% in 2016.

The Narrows has 266 properties. Over the last 5 years, Houses in The Narrows have seen a 20.84% increase in median value, while Units have seen a 44.01% increase. As at 31 October 2024:

  • The median value for Houses in The Narrows is $688,172 while the median value for Units is $354,425.
  • Houses have a median rent of $425 while Units have a median rent of $380.
There are currently 2 properties listed for sale, and no properties listed for rent in The narrows on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in The narrows.

Suburb Insights for The Narrows 0820

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Sanjukta Ghosh
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Andrew Harding
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Ray White Darwin
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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.