OFF MARKET

18 Lakeside Drive
Alawa NT 0810

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 204m2
Land area: 716m2
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Last updated 11 Nov 2024
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Property Details for 18 Lakeside Dr, Alawa

18 Lakeside Dr, Alawa is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 716m2 and floor size of 204m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1970
Floor Size
204m2
Land Size
716m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 1881/A 000385

Last Listing description (September 2024)

A 7 + -Bedroom Renovator's Dream in a Prime Location

This is a hidden GEM in a prime location. With the current HIGH rental yields in Darwin this is the perfect project for those savvy investors with design aspirations. With clever tweaks and additions combined with its ideal location this property has potential galore!

This is a versatile home with multiple living spaces and a flexible floor plan, the possibilities are endless. Consider renting out this enormous space by the room! With the university just down the road, this option is a standout for student housing. Alternatively, with the seven spacious bedrooms, there's room for a large family, + guests, or even a home office or hobby space.

This is an exclusive opportunity with instant market appeal! Dare to dream with careful renovations, both the opportunity value of the property mixed with very motivated vendors, make this a MUST SEE!

For more information or to arrange an inspection, please contact Matt on 0417 866 821.

Council Rates: Approx. $3,450 per annum
Zoning: LR (Low Density Residential)
Easements: Sewerage Easement to Power and Water Authority
Area Under Title: 766 sq/m
Status: Vacant Possession

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Property History for 18 Lakeside Dr, Alawa, NT 0810

A timeline of how this property has performed in the market
Last Sold
$485,000
30 Jun 2023
  • 07 Aug 2024
    Listed for Sale $489,000
  • 30 Jun 2023
    Sold for $485,000
  • 24 May 2023
    Listed for Sale JUST LIKE THAT: Under Contract (Off-Market Sale)
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About Alawa 0810

The size of Alawa is approximately 1.3 square kilometres. It has 13 parks covering nearly 50.2% of total area. The population of Alawa in 2011 was 2,121 people. By 2016 the population was 2,125 showing a population growth of 0.2% in the area during that time. The predominant age group in Alawa is 30-39 years. Households in Alawa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alawa work in a professional occupation. In 2011, 63.9% of the homes in Alawa were owner-occupied compared with 63.1% in 2016.

Alawa has 827 properties. Over the last 5 years, Houses in Alawa have seen a 16.46% increase in median value, while Units have seen a 21.38% increase. As at 31 October 2024:

  • The median value for Houses in Alawa is $525,548 while the median value for Units is $301,113.
  • Houses have a median rent of $578 while Units have a median rent of $408.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Alawa on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Alawa.

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