70 Lovelock RoadBees Creek NT 0822
Property Details for 70 Lovelock Rd, Bees Creek
Last Listing description (March 2014)
It s Bees Creek and this is the Bees Knees
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 force the owners to sell.
It has town power and water and lovely 3 bedroom home on it while sporting an almost new modern kitchen. This 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 allow you to enjoy our tropical and bush lifestyle and finishes of the picture nicely. The front of the property has manicured lawns and the rear is virgin bush and it is fully fenced to all sides.
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 Photos tomorrow
Property History for 70 Lovelock Rd, Bees Creek, NT 0822
- 24 Mar 2014Listed for Sale OFFERS OVER $640 000
- 18 Mar 2009Sold for $540,000
- 11 Dec 2008Listed for Sale 559000
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0About 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 390 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.
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