SOLD
Sold on 14 Feb 2024 for $2,610,000

127 Flynn Circuit
Bellamack NT 0832

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 93m2
Land area: 1410m2
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Property Details for 127 Flynn Cct, Bellamack

127 Flynn Cct, Bellamack is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 1410m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Bellamack in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
93m2
Land Size
1410m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 14258/UTS2016/001

Last Listing description (June 2024)

Net Income: $ 314,863 pa
Management Rights Business Price: $ 1,095,000
Letting Pool: 68

This boutique apartment management rights is located in heard of Darwin, close to the shopping centre, school and public transport. All units are in letting pool, high body corp salary and high net income with low workload, the multiplier for business is only 3.5, high rental demand in Darwin makes business very easy to run.
Hurry up. Please contact me today.

Property History for 127 Flynn Cct, Bellamack, NT 0832

A timeline of how this property has performed in the market
Last Sold
$2,610,000
14 Feb 2024
Listed for Rent
$388/w
27 Nov 2023
  • 07 Jun 2024
    Listed for Sale $ 1,095,000
  • 14 Feb 2024
    Sold for $2,610,000
  • 25 Aug 2023
    Listed for Sale $2,999,990
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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 951 properties. Over the last 5 years, Houses in Bellamack have seen a 15.31% increase in median value, while Units have seen a 18.10% increase. As at 30 September 2024:

  • The median value for Houses in Bellamack is $615,436 while the median value for Units is $325,578.
  • Houses have a median rent of $670 while Units have a median rent of $540.
There are currently 24 properties listed for sale, and no properties listed for rent in Bellamack on OnTheHouse. According to CoreLogic's data, 66 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.