OFF MARKET

10 Marita Street
Bellamack NT 0832

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 141m2
Land area: 640m2
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Property Details for 10 Marita St, Bellamack

10 Marita St, Bellamack is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 640m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in July 2015.

Building Type
House
Year Built
2013
Floor Size
141m2
Land Size
640m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 10683/S2011/210A

Last Listing description (May 2014)

2 Income generating dwellings on the one title - Investors Delight! Investment Yield is 8.1%
Investors - take advantage of receiving 2 rents + 2 x annual incentives totaling $20,700 per year under the NRAS scheme for the next 9 years.
The combined weekly rental income is $716 per week + the NRAS Incentive of $20,700 which is paid annually.

That means 2 properties and only one set of rates!
What's included in this investment?
+3 Bedroom house with 1 main bathroom and ensuite
+1 bedroom fully self-contained granny flat with separate entrance and separate parking
+ Double carport
+2 separate garden areas
+ Less than 12 months old - Build completed in May 2013.
Please contact Neil for further information, these high returning dwellings will not last long! Please also call for further details on how NRAS works.
Additional feature/s - National Rental Affordability Scheme.

Property History for 10 Marita St, Bellamack, NT 0832

A timeline of how this property has performed in the market
Last Sold
$650,000
17 Jul 2015
Listed for Rent
$520/w
01 Mar 2014
  • 17 Jul 2015
    Sold for $650,000
  • 14 Mar 2014
    Listed for Sale 715000
  • 01 Mar 2014
    Listed for Rent - Price not available
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About Bellamack 0832

The size of Bellamack is approximately 1.3 square kilometres. It has 5 parks covering nearly 20.4% of total area. The population of Bellamack in 2011 was 3,744 people. By 2016 the population was 2,445 showing a population decline of 34.7% in the area during that time. The predominant age group in Bellamack is 0-9 years. Households in Bellamack are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Bellamack work in a trades occupation. In 2011, 46.6% of the homes in Bellamack were owner-occupied compared with 36.5% in 2016.

Bellamack has 948 properties. Over the last 5 years, Houses in Bellamack have seen a 8.75% increase in median value, while Units have seen a 24.25% increase. As at 31 October 2024:

  • The median value for Houses in Bellamack is $606,939 while the median value for Units is $321,144.
  • Houses have a median rent of $670 while Units have a median rent of $550.
There are currently 21 properties listed for sale, and no properties listed for rent in Bellamack on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Bellamack.

Suburb Insights for Bellamack 0832

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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.