OFF MARKET

8 Larapinta Drive
Araluen NT 0870

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 1232m2
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Property Details for 8 Larapinta Dr, Araluen

8 Larapinta Dr, Araluen is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1232m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
House
Land Size
1232m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 2321/OP 001325

Last Listing description (June 2024)

Located on one of the busiest roads in Alice Springs is an opportunity to obtain a property ripe for development!

It sits on an enormous parcel of land totalling 1200 square metres zoned MD (Multiple Dwelling) and has been previously used for accounting practises, offices and as a resource centre.

Subject to approvals, there are so many possibilities!

The property is fully fenced with a remote gate and is positioned between a fuel station and unit complex.
Inside there are three rooms that have been converted into offices, staff kitchen facilities, a lunch room and separate bathrooms for males and females.

There is also a separate building that has been divided into two rooms that would work as an external office or store room.

Lock this one in for a long term investment!

Property History for 8 Larapinta Dr, Araluen, NT 0870

A timeline of how this property has performed in the market
Last Sold
$495,000
05 Jul 2018
Listed for Rent
$15/w
02 Apr 2017
  • 16 May 2023
    Listed for Sale Sold
  • 05 Jul 2018
    Sold for $495,000
  • 21 May 2018
    Listed for Sale $495,000
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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 1,100 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.