OFF MARKET

16 Mel Road
Berrimah NT 0828

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2780m2
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Property Details for 16 Mel Rd, Berrimah

Building Type
Land
Land Size
2780m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 6044/L2008/081

Last Listing description (February 2018)

A Fantastic Opportunity presents itself here to any astute buyer.
This vacant block of land of approximately 2780sqm offers convenient accessibility to Berrimah, Palmerston, the Northern Suburbs, and the Darwin CBD as well as proximity to the East Arm Trade Development Zone, via both the Stuart Highway, and Tiger Brennan Drive.
The Berimah area has seen many significant changes over recent times now attracting office, retail and service businesses as well as large warehouses/ showrooms.

Make this the future of your business needs.
* Vacant Industrial Land - sealed hardstand
* Land area - 2780 square metres
* Planning Scheme Zone GI General Industry
* Secure Fencing
Strategically located to Port, Darwin City and Palmerston.
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Property History for 16 Mel Rd, Berrimah, NT 0828

A timeline of how this property has performed in the market
Last Sold
$660,000
16 Feb 2018
  • 16 Feb 2018
    Sold for $660,000
  • 09 Mar 2016
    Listed for Sale Price on application
  • 18 Aug 2008
    Sold for $459,525

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About Berrimah 0828

The size of Berrimah is approximately 9.8 square kilometres. It has 6 parks covering nearly 2.3% of total area. The population of Berrimah in 2011 was 1,240 people. By 2016 the population was 769 showing a population decline of 38.0% in the area during that time. The predominant age group in Berrimah is 10-19 years. Households in Berrimah are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Berrimah work in a trades occupation. In 2011, 32.7% of the homes in Berrimah were owner-occupied compared with 39.3% in 2016.

Berrimah has 1,113 properties. Over the last 5 years, Houses in Berrimah have seen a 3.46% increase in median value, while Units have seen a 5.50% increase. As at 31 October 2024:

  • The median value for Houses in Berrimah is $428,025 while the median value for Units is $407,692.
  • Houses have a median rent of $765 while Units have a median rent of $415.
There are currently 10 properties listed for sale, and 15 properties listed for rent in Berrimah on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Berrimah.

Suburb Insights for Berrimah 0828

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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.