OFF MARKET

1/5 Ostermann Street
Coconut Grove NT 0810

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 69m2
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Property Details for 1/5 Ostermann St, Coconut Grove

1/5 Ostermann St, Coconut Grove is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a floor size of 69m2.

Building Type
Unit
Year Built
1970
Floor Size
69m2
Local Government
Darwin

Last Listing description (January 2016)

Solid 2 bedroom brick unit with high cathedral ceilings and great bones. Perfect project for those who would like to add their own decorating style to the property.
So much potential, add a new kitchen, fence the yard and watch your investment grow. Current tenant of 10 years would like to stay the option is yours. Body Corp fees approx. $911 a quarter.
Owners request a quick sale. All offers considered.

Phone Vicki on 0477773822 for your private inspection.
*Please allow a minimum of 24 hours notice for inspections*

Property History for 1/5 Ostermann St, Coconut Grove, NT 0810

A timeline of how this property has performed in the market
  • 28 Jan 2016
    Listed for Sale Price negotiable for a quick sale

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About Coconut Grove 0810

The size of Coconut Grove is approximately 1.7 square kilometres. It has 8 parks covering nearly 22.6% of total area. The population of Coconut Grove in 2011 was 2,849 people. By 2016 the population was 3,064 showing a population growth of 7.5% in the area during that time. The predominant age group in Coconut Grove is 30-39 years. Households in Coconut Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coconut Grove work in a professional occupation. In 2011, 37.4% of the homes in Coconut Grove were owner-occupied compared with 37.4% in 2016.

Coconut Grove has 1,871 properties. Over the last 5 years, Houses in Coconut Grove have seen a 44.07% increase in median value, while Units have seen a 12.13% increase. As at 31 August 2024:

  • The median value for Houses in Coconut Grove is $659,006 while the median value for Units is $322,075.
  • Houses have a median rent of $755 while Units have a median rent of $493.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Coconut grove on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Coconut grove.

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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.