SOLD
Sold on 20 Feb 2024 for $350,000

4/10 Damascene Crescent
Bellamack NT 0832

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
Land area: 249m2
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Property Details for 4/10 Damascene Cres, Bellamack

4/10 Damascene Cres, Bellamack is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 249m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Bellamack in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
104m2
Land Size
249m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 12268/UTS2013/047

Last Listing description (February 2024)

Fresh and inviting interiors and a generous floorplan are just the beginning of whats on offer with this large ground floor unit. Positioned in a modern complex with sparkling inground pool and walking distance to bus stops, cafe and local schools, this property delivers a winning combination of space and convenience. An unmissable opportunity for the astute buyer, this one is a must to inspect.

Ideal for those taking their first step into property ownership and savvy investors looking to capitalise in an area that offers some of the strongest rental yields in the nation!

The spacious living/dining area is complemented by a modern kitchen, well-equipped with electric cooktop and oven, in addition to a big pantry and handy breakfast bar. Sit back and relax in air-conditioned comfort or step with ease to the verandah, sure to be a favourite spot for a peaceful morning coffee or an afternoon bbq with friends after a refreshing dip in the pool. Three bedrooms and two bathrooms also feature on the layout, each bedroom with built-in robes and individual split system air-conditioning, and the main bedroom also has the benefit of an ensuite.

In a prime location with all amenities nearby, youll be spoilt for choice with cafes and restaurants within easy reach. Cinemas and major retail centres in Palmerston are a short drive away and its a seamless 22 minute commute to the CBD via Tiger Brennan Drive.

Property Built: 2014
Council Rates: $1853 per year
Area Under Title: 249m2
Rental Estimate: $520 -$540 pw
Body Corporate company: Altitude Management Katrina Atkinson
Body Corporate Levies: $986.92 per art
Admin Fund Balance: $2104.72
Sinking Fund Balance: $32,921.08
Pet friendly: Written application to committee with photos are references
Vendors Conveyancer: Tschirpig Conveyancing
Preferred Settlement Period: 45 Days
Preferred Deposit: 10%
Easements as per title: None
Zoning: Low-Medium Density Residential
Status: Vacant

- Low maintenance ground floor unit
- Suit first home buyers, retirees, investors
- Modern complex with in ground pool
- Large living/dining area with verandah access
- Features: internal laundry, carport & storage lock
- Walk to bus & Forrest Parade School
- 10 mins to central Palmerston, 22 mins to CBD

Call to inspect with The JH Team today

Property History for 4/10 Damascene Cres, Bellamack, NT 0832

A timeline of how this property has performed in the market
Last Sold
$350,000
20 Feb 2024
  • 20 Feb 2024
    Sold for $350,000
  • 24 Oct 2023
    Listed for Sale PRICE GUIDE $350,000

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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 959 properties. Over the last 5 years, Houses in Bellamack have seen a 14.08% increase in median value, while Units have seen a 22.17% increase. As at 31 August 2024:

  • The median value for Houses in Bellamack is $609,530 while the median value for Units is $327,345.
  • Houses have a median rent of $670 while Units have a median rent of $530.
There are currently 17 properties listed for sale, and 4 properties listed for rent in Bellamack on OnTheHouse. According to CoreLogic's data, 68 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.