SOLD
Sold on 07 Dec 2023 for $230,000

10/8 Lovegrove Drive
Araluen NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 134m2
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Property Details for 10/8 Lovegrove Dr, Araluen

10/8 Lovegrove Dr, Araluen is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 134m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Araluen in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
80m2
Land Size
134m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 4499/UP 95/006

Last Listing description (December 2007)

Great Opportunity!
A great opportunity for a first home at the lower end of the market. This two storey, two bedroom townhouse is in a popular unit complex with easy access to town and the Araluen parklands. The tiled downstairs area offers a neat gas kitchen with dishwasher and overhead cupboards, separate laundry, good storage area, open plan living and dining. There are two bedrooms upstairs both with built in robes and a fully tiled bathroom with separate shower, vanity and toilet. Covered car parking in right at the door and there is a good size back yard with potential to improve.

Property History for 10/8 Lovegrove Dr, Araluen, NT 0870

A timeline of how this property has performed in the market
Last Sold
$230,000
07 Dec 2023
Listed for Rent
$240/w
22 Nov 2008
  • 07 Dec 2023
    Sold for $230,000
  • 27 Jan 2010
    Sold for $290,000
  • 13 Nov 2008
    Listed for Rent - Price not available
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About Araluen 0870

The size of Araluen is approximately 4.2 square kilometres. It has 7 parks covering nearly 1.2% of total area. The population of Araluen in 2011 was 2,695 people. By 2016 the population was 2,711 showing a population growth of 0.6% in the area during that time. The predominant age group in Araluen is 0-9 years. Households in Araluen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Araluen work in a professional occupation. In 2011, 58.9% of the homes in Araluen were owner-occupied compared with 55.2% in 2016.

Araluen has 1,100 properties. Over the last 5 years, Houses in Araluen have seen a -0.87% decrease in median value, while Units have seen a 2.18% increase. As at 30 September 2024:

  • The median value for Houses in Araluen is $516,915 while the median value for Units is $273,837.
  • Houses have a median rent of $658 while Units have a median rent of $450.
There are currently 21 properties listed for sale, and 1 property listed for rent in Araluen on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Araluen.

Suburb Insights for Araluen 0870

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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.