SOLD
Sold on 08 Aug 2024 for $272,690

8 Patsalou Road
Coolalinga NT 0839

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1340m2
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Property Details for 8 Patsalou Rd, Coolalinga

Building Type
Land
Land Size
1340m2
Local Government
Litchfield
Lot/Plan
Loc 055 Lot 7095/LTO2014/096B

Last Listing description (August 2024)

Auction Location: Coolalinga Tavern

Coolalinga straddles the Stuart Highway with established commercial centres on both sides of the road.

Coolalinga Central Shopping Centre is only 300 metres from these blocks, it is the major service centre for Darwin Rural Suburbs. The Shopping Centre itself includes Coles, K-Mart and approximately 40 specialty stores including fashion outlets food and beverage, health and beauty as well as retails including butcher, bakery and bottle shop. External to the shopping centre there are a number of drive-thru fast food outlets, Coolalinga Tavern, fishing shop and service station. The Coolalinga precinct offers the majority of the products and services that people in the surrounding areas will demand day to day.

8 and 10 Patsalou Road are two Commercial (C) zoned parcels of land in a subdivision, this subdivision includes a single road, Patsalou Road. 10 Patsalou Road is on the north eastern corner of this estate and has a good profile of the round-about, it includes 1,550 square metres of land, 8 Patsalou Road adjoins this block immediately to the south and includes 1,340 square metres under title. This zoning and location suits a range of commercial applications including office, showroom, warehouse and workshop.

This land is level and filled and compacted and includes all required services.

For sale via 'Public Auction', 3pm, Wednesday the 8th of May, 2024 at Coolalinga Tavern
(If not sold prior).

For more information please contact Lee Doyle on 0403 348 243 or Ryan Doyle on 0405 192 389.

Property History for 8 Patsalou Rd, Coolalinga, NT 0839

A timeline of how this property has performed in the market
Last Sold
$272,690
08 Aug 2024
  • 08 Aug 2024
    Sold for $272,690
  • 05 Apr 2024
    Listed for Sale Public Auction - 08/05/2024
  • 24 Aug 2018
    Listed for Sale $616400.00
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About Coolalinga 0839

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 6.79% increase in median value, while Units have seen a -15.24% decrease. As at 30 September 2024:

  • The median value for Houses in Coolalinga is $539,792 while the median value for Units is $321,815.
  • Houses have a median rent of $322 while Units have a median rent of $455.
There are currently 8 properties listed for sale, and no properties listed for rent in Coolalinga on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Coolalinga.

Suburb Insights for Coolalinga 0839

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LJ Hooker Commercial Darwin
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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.