3/2 Ostermann StreetCoconut Grove NT 0810
Property Details for 3/2 Ostermann St, Coconut Grove
3/2 Ostermann St, Coconut Grove is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2005. The property has a land size of 179m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in November 2010.
Last Listing description (October 2010)
$30,000 Below Bank Valuation
Big and new 180sqm 3 bedroom unit in a great location returning $520pw or move in and enjoy. Built in 2007.
* Generously proportioned 3 bedroom apartment
* Large balcony
* Boutique complex
* Secure lease; Investors dream!
* Close to all amenities
* Let real estate work for you!
All astute investors take note! This is a wonderful opportunity to secure a great investment property. Let real estate work for you and watch your money grow!
Year Built: 2007
Unit Area: 179m2
Zoning: MR Medium Density
Council Rates: Approx $1,100 (per annum)
Body Corp Rates: $730.05 (per quarter)
Body Corp Manager: Stuart Lowry Real Estate
Easements: As per certificate of title(if any)
Lease Details: $520 per week.
Lease Expiry: 1/2/2011
Expiry Vendor's Conveyancing Agent: Ward Keller
Additional feature - Built-In Wardrobes.
Property History for 3/2 Ostermann St, Coconut Grove, NT 0810
- 22 Nov 2010Sold for $460,000
- 15 Aug 2010Listed for Sale $480,000
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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 1,864 properties. Over the last 5 years, Houses in Coconut Grove have seen a 22.88% increase in median value, while Units have seen a 14.26% increase. As at 30 September 2024:
- The median value for Houses in Coconut Grove is $571,878 while the median value for Units is $319,209.
- Houses have a median rent of $680 while Units have a median rent of $485.
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