OFF MARKET

30 Lovelock Road
Bees Creek NT 0822

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Land area: 20010m2
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Property Details for 30 Lovelock Rd, Bees Creek

30 Lovelock Rd, Bees Creek is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 20010m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
House
Year Built
1980
Floor Size
99m2
Land Size
20010m2
Local Government
Litchfield
Lot/Plan
Loc 695 Lot 17/LTO78/003

Last Listing description (June 2014)

I need to be sold ....All reasonable offers considered.
Our instructions are to secure a buyer today! All reasonable offers considered ?
This home is in need of a handy man to bring it back to its true potential. A property that with minimum investment will allow the new owner to reap the rewards without over capitalizing. Great opportunity so come and have a look and give us an offer today..

This family home set on 5 areas in the ever popular Bees Creek is reluctantly being offered for sale . It has been in the same family for the past 36 years and circumstances have forced the owner to sell.
It has town power and water and 3 bedroom home on it while sporting an almost new modern kitchen. This modest house is 3 bedrooms but it has an extra study / bedroom added on and it is just awaiting your arrival to make it your home.
There is a Granny flat to the rear which is in need of work but it is steel frame structure, so costs to bring it up to standard would be beneficial to cash flow from the property. A lovely in ground pool with shade cloth cover. The front of the property has manicured lawns and the rear is virgin bush and it is fully fenced to all sides.
Thinking of investing?
The house would generate a potential $550 a week in rent and the granny flat when fixed up $350 which represents a potential return of
7.2%. If you buy at $650 000 you could own this home for $625 a week ( based on a interest rate of 5% )
Bees Creek always generates demand so call today.

Property History for 30 Lovelock Rd, Bees Creek, NT 0822

A timeline of how this property has performed in the market
Last Sold
$600,000
10 Sep 2014
  • 10 Sep 2014
    Sold for $600,000
  • 24 Mar 2014
    Listed for Sale ALL OFFERS CONSIDERED

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About Bees Creek 0822

The size of Bees Creek is approximately 18.6 square kilometres. The population of Bees Creek in 2011 was 811 people. By 2016 the population was 820 showing a population growth of 1.1% in the area during that time. The predominant age group in Bees Creek is 50-59 years. Households in Bees Creek are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Bees Creek work in a trades occupation. In 2011, 73.6% of the homes in Bees Creek were owner-occupied compared with 70.4% in 2016.

Bees Creek has 389 properties. Over the last 5 years, Houses in Bees Creek have seen a 15.31% increase in median value, while Units have seen a -4.02% decrease. As at 31 October 2024:

  • The median value for Houses in Bees Creek is $647,249 while the median value for Units is $317,722.
  • Houses have a median rent of $450.
There are currently 8 properties listed for sale, and 1 property listed for rent in Bees creek on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Bees creek.

Suburb Insights for Bees Creek 0822

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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.