OFF MARKET

1/18 Cormorant Street
Bakewell NT 0832

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 102m2
Land area: 420m2
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Property Details for 1/18 Cormorant St, Bakewell

1/18 Cormorant St, Bakewell is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1997. The property has a land size of 420m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1997
Floor Size
102m2
Land Size
420m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 4763/UP 97/063

Last Listing description (July 2017)

Price REDUCTION !! NOW $395,000
NOTE! First home buyers Stamp duty Concessions - $24k !! and If you want to upgrade there is a $4,000 NT Gov grant.
Yes - $4 grand to upgrade !! and its a grant, free.


Big and comfortable 3 bedroom duplex
fully tiled and air conditioned.
No Body Corp fees.
Land area is approx 440m2.
House is approx 100m2 plus verandah plus
carport under main roof.
Total under roof area is approx 145m2.
24 m2 covered rear verandah adjacent to private rear yard with shed.
This a a substantial duplex both in size and land area which is much larger than most units or smaller houses with small block sizes.
The one bathroom comes with a full size bath bath and separate shower.
Established gardens and car parking for 2 cars, one under cover.
Convenient, central location in fast growing Palmerston.
Strong rental proposition for an investor. But this is an ideal home for a working couple or small family.
Owner wishes to relocate closer to family in the Darwin region.

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Property History for 1/18 Cormorant St, Bakewell, NT 0832

A timeline of how this property has performed in the market
Last Sold
$369,500
19 May 2017
  • 19 May 2017
    Sold for $369,500
  • 05 Oct 2016
    Listed for Sale $385,000
  • 05 Apr 2013
    Sold for $108,950
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About Bakewell 0832

The size of Bakewell is approximately 1.4 square kilometres. It has 9 parks covering nearly 5.1% of total area. The population of Bakewell in 2011 was 3,191 people. By 2016 the population was 3,075 showing a population decline of 3.6% in the area during that time. The predominant age group in Bakewell is 30-39 years. Households in Bakewell are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bakewell work in a clerical occupation. In 2011, 56.9% of the homes in Bakewell were owner-occupied compared with 55% in 2016.

Bakewell has 1,438 properties. Over the last 5 years, Houses in Bakewell have seen a 17.73% increase in median value, while Units have seen a 35.80% increase. As at 30 November 2024:

  • The median value for Houses in Bakewell is $481,339 while the median value for Units is $278,660.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Bakewell on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Bakewell.

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