OFF MARKET

5/130 University Avenue
Durack NT 0830

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8800m2
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Property Details for 5/130 University Ave, Durack

Building Type
Commercial
Land Size
8800m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 6389/S 97/208

Last Listing description (August 2021)

A 129m2 shop available in busy Durack Shopping complex located at the roundabout on the junction of University Avenue, Elrundie Avenue and Kirkland Rd. With draw cards such as Coles Express Shell Service Station, Chemist Warehouse and Domino's Pizza to name a few, and positioned on a site that is exposed to high volumes of traffic each day, this centre is a sought out location for tenants and patrons alike.

Strategic location

High Traffic
129 m2
Air-conditioned
Own toilet
Kitchenette
Ample parking
Signage
NBN
There has never been a better time to lease property in the Palmerston area. Take this rare opportunity to establish your business in this busy Durack shopping complex.

For more information or to arrange an inspection, contact the agent or email darwin.ljhcommercial.com.au

Property History for 5/130 University Ave, Durack, NT 0830

A timeline of how this property has performed in the market
Last Sold
$800,000
20 Feb 2001
Listed for Rent
$742/w
07 Jun 2021
  • 14 Jul 2021
    Listed for Sale Not Disclosed
  • 16 Oct 2020
    Listed for Rent $40,635 / year
  • 24 Jun 2019
    Listed for Rent - Price not available
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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 1,601 properties. Over the last 5 years, Houses in Durack have seen a 34.22% increase in median value, while Units have seen a 24.65% increase. As at 31 July 2024:

  • The median value for Houses in Durack is $584,277 while the median value for Units is $361,004.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 25 properties listed for sale, and 6 properties listed for rent in Durack on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Durack.

Suburb Insights for Durack 0830

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Disclaimer
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.