38 Spicer CrescentAraluen NT 0870
Property Details for 38 Spicer Cres, Araluen
Last Listing description (March 2014)
Vacant land with Big Plans.
Located in a popular and developed area of Araluen, near to shops schools and the Cultural Centre this is a charming fully fenced allotment prime for development.
There is a special Development Permit for three, three bedroom units to be constructed, but a home with a separate unit in the back yard for grannie or an added income may not utilise it to its' fullest potential but it could create a great retirement income.
Property History for 38 Spicer Cres, Araluen, NT 0870
- 19 Feb 2013Listed for Sale $370,000 + GST
- 22 Nov 2011Sold
- 14 Jul 2010Sold for $275,000
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0About 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 1,096 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.
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