OFF MARKET

14/8 Lovegrove Drive
Araluen NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 76m2
Land area: 131m2
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Property Details for 14/8 Lovegrove Dr, Araluen

14/8 Lovegrove Dr, Araluen is a 2 bedroom, 1 bathroom House and was built in 1989. The property has a land size of 131m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2011.

Building Type
House
Year Built
1989
Floor Size
76m2
Land Size
131m2
Local Government
Alice Springs

Last Listing description (May 2011)

Affordable two bedroom unit!
For the first home buyer or someone looking to start an investment portfolio, this unit is perfect!
The open plan lounge and dining area is large and tiled for easy maintenance. The kitchen offers ample bench space with a dishwasher and laundry adjacent.

Upstairs, the master bedroom is a great size and there is a second bedroom for guests. The bathroom is well designed with a bath, shower, vanity and toilet.
The rear courtyard offers a perfect spot to relax and there is undercover parking out the front.
The unit has been recently renovated with new bench tops in the kitchen, repainted, split systems throughout and a paved outdoor entertaining with a shade sail.
The rental potential is between $340 and $360 Per Week.
Additional feature/s - Range Views.

Property History for 14/8 Lovegrove Dr, Araluen, NT 0870

A timeline of how this property has performed in the market
Last Sold
$315,000
10 Jun 2011
Listed for Rent
$250/w
20 Jul 2007
  • 10 Jun 2011
    Sold for $315,000
  • 16 Apr 2011
    Listed for Sale $315,000
  • 17 Dec 2007
    Sold for $175,000
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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 1,097 properties. Over the last 5 years, Houses in Araluen have seen a 0.94% increase in median value, while Units have seen a -4.31% decrease. As at 31 October 2024:

  • The median value for Houses in Araluen is $500,169 while the median value for Units is $279,702.
  • Houses have a median rent of $658 while Units have a median rent of $450.
There are currently 22 properties listed for sale, and 2 properties listed for rent in Araluen on OnTheHouse. According to CoreLogic's data, 43 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.