SOLD
Sold on 08 Feb 2024 for $1,725,000

8 Mel Road
Berrimah NT 0828

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1480m2
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Property Details for 8 Mel Rd, Berrimah

Building Type
Land
Land Size
1480m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 4621/LTO99/123

Last Listing description (September 2013)

A rare offering
Situated at the centre of Darwin, is your opportunity to build your own warehouse or factory. This vacant block is positioned at upper end of the hill. A flat block ready to build on.
Situated in an emerging industrial sub division, you will be sharing this precinct with some quality companies and flanked by all new buildings.

Zoned General Industry this is an opportunity to get out of the rental cycle and present your business in a professional manner.
This block is rectangular, 1,480sqm with a 35m frontage and offers great exposure.

Property History for 8 Mel Rd, Berrimah, NT 0828

A timeline of how this property has performed in the market
Last Sold
$1,725,000
08 Feb 2024
  • 08 Feb 2024
    Sold for $1,725,000
  • 27 Nov 2013
    Sold for $561,000
  • 07 Aug 2013
    Listed for Sale 518000
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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 1,120 properties. Over the last 5 years, Houses in Berrimah have seen a -1.12% decrease in median value, while Units have seen a 6.78% increase. As at 30 September 2024:

  • The median value for Houses in Berrimah is $436,917 while the median value for Units is $396,006.
  • Houses have a median rent of $780 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, 46 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.