221/15 Musgrave Cres, Coconut Grove is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 100m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
This apartment is being rented at 30 percent below market rent and is provided under the Northern Territory Government (NTG)'s Affordable Rental Scheme and the National Rental Affordability Scheme (NRAS).
This unfurnished apartment is close to the Nightcliff Shopping hub and a short stroll to the Nightcliff markets every Sunday. This apartment creates a captivating first impression.
Property features:
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 1,864 properties. Over the last 5 years, Houses in Coconut Grove have seen a 50.21% increase in median value, while Units have seen a 25.43% increase. As at 31 October 2024:
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