Patsalou Road is located less than 4 radial kilometres south-east of Palmerston CBD down the Stuart Highway with excellent access in either direction.
The subject property is located 21 radial kilometres south-east of Darwin CBD. The Commercial (C) section of Patsalou Road has recently received titles and is adjacent to the Stuart Highway on the outbound side of the road. There are nine commercial allotments in total ranging from 1,340 square metres to 4,920 square metres. There are two remaining lots side by side with a combined area of 4,030 square metres.
The new Coolalinga Central Shopping Centre is under construction and scheduled for completion in 2017 with quality neighbouring anchor tenants such as Coles, K-Mart, McDonalds, and Shell to name a few.
The size of Coolalinga is approximately 1.1 square kilometres. It has 1 park. The population of Coolalinga in 2011 was 2,042 people. By 2016 the population was 534 showing a population decline of 73.8% in the area during that time. The predominant age group in Coolalinga is 20-29 years. Households in Coolalinga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolalinga work in a trades occupation. In 2011, 79% of the homes in Coolalinga were owner-occupied compared with 26.9% in 2016.
Coolalinga has 324 properties. Over the last 5 years, Houses in Coolalinga have seen a -0.88% decrease in median value, while Units have seen a 13.74% increase. As at 31 October 2024:
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