4 Taylor StreetAraluen NT 0870
Property Details for 4 Taylor St, Araluen
4 Taylor St, Araluen is a 8 bedroom, 4 bathroom Unit. The property has a land size of 2050m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2009.
Last Listing description (May 2019)
Fantastic opportunity here to expand your portfolio.
4 Taylor Street sits at the corner of Taylor and Larapinta Dr, it is a magnificent parcel of land measuring some 2050sqm. It currently contains a block of 4 units with further opportunity to develop the vacant portion of the site.
The existing units, 2 upstairs, 2 down stairs, have all been recently renovated with new bathrooms, new kitchens and robes to the bedrooms. They are spacious and virtually bomb proof rental properties.
We also have available approvable plans for 4 more units to be constructed on the vacant section of the block.
This presents a unique opportunity for the investor, builder, developer looking for a project with ready income.
3 of the 4 existing units are currently let and returning $1,020 per week in rent.
Opportunities like this don't come around that often so don't miss this one!
Property History for 4 Taylor St, Araluen, NT 0870
- 28 Apr 2015Listed for Sale $1,270,000
- 16 Jul 2009Sold for $800,000
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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 1,100 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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