4 Princeton PlaceDurack NT 0830
Property Details for 4 Princeton Pl, Durack
4 Princeton Pl, Durack is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1997. The property has a land size of 458m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (December 2022)
Priced to sell at below the median suburb price this 3 bedroom 1 bathroom home is a prime investment opportunity at just $520,000. Given current market appraisals of anywhere between $550-$600pw for similar homes, it could potentially earn you a 6%pa gross return on investment or more depending on sale price. Make an offer as owners are motivated to sell quickly!!!
Why Durack?
*Capital growth of 5.7% in Durack last 5 years
*Median rental in Durack $600pw
*Walking distance to schools, shops, childcare centres. Prime position real estate with golf course on your doorstep. Public transport easy access. Minutes to Palmerston CBD.
The house was originally built in 1997 as part of Delfin's "Fairway Waters" development when Palmerston saw the first of it's NEW home estate communities get underway. Since then this suburb has remained THE most desirable suburb in Palmerston where residents aspire to move to. Healthy capital growth and rentals growth as well as low days on market is evident of Durack's popularity.
For added peace of mind, a full Building Status Report and Pest Report in May 2014 (full pest treatment done) has already been paid for. Saving prospective purchasers dollars at contract time!
This home has got everything & it's in immaculate condition. Freshly painted for sale.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 4 Princeton Pl, Durack, NT 0830
- 04 May 2021Sold for $475,000
- 10 Oct 2019Listed for Sale $520,000
- 15 Aug 2014Sold for $507,000
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About Durack 0830
The size of Durack is approximately 3 square kilometres. It has 14 parks covering nearly 18.5% of total area. The population of Durack in 2011 was 2,873 people. By 2016 the population was 3,545 showing a population growth of 23.4% in the area during that time. The predominant age group in Durack is 30-39 years. Households in Durack are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Durack work in a trades occupation. In 2011, 40.5% of the homes in Durack were owner-occupied compared with 43.4% in 2016.
Durack has 1,595 properties. Over the last 5 years, Houses in Durack have seen a 31.77% increase in median value, while Units have seen a -0.59% decrease. As at 31 December 2024:
- The median value for Houses in Durack is $581,050 while the median value for Units is $359,574.
- Houses have a median rent of $680 while Units have a median rent of $565.
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