OFF MARKET

6/130 University Avenue
Durack NT 0830

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 222m2
Land area: 8801m2
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Property Details for 6/130 University Ave, Durack

Building Type
Commercial
Floor Size
222m2
Land Size
8801m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 6389

Last Listing description (May 2018)

Located less than 1km from Palmerston CBD and 13 radial kms from Darwin CBD in a key strategic location and a high growth precinct.
This bustling convenience centre is located at the southern entry to Palmerston, enjoying a prominent on the round-a-bout intersection of University Avenue and Elrundie Avenue, Durack. Durack is regarded as one of if not the most sought after suburb of Palmerston including the Fairway Waters estate. 130 University Avenue is a 8,800 square metre corner commercial site which includes a Shell Service Station at the corner and eight additional shops ranging between 102 sqm and 313 square metres. This highly functional complex includes a two way drive way to Hedley Place and a left only exit onto University Avenue. In addition to the service station there are 56 car parks available to the shops. These shops also offer loading at the rear.
Shop 6 offers 222 square metres of internal area and includes a toilet and kitchenette. Positioned be between The Tackle Box Nt and Durak Chiropractic Palmerston, other tenants in the complex include a Pharmacy, Dominos, a hair dress and a video store.

For more information please contact Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243 at North Commercial NT.

Property History for 6/130 University Ave, Durack, NT 0830

A timeline of how this property has performed in the market
Listed for Rent
$64/w
23 May 2019
  • 05 Feb 2018
    Listed for Rent $40,000 / year
  • 13 Nov 2017
    Listed for Rent $55,278 / year
  • 13 May 2016
    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 1,586 properties. Over the last 5 years, Houses in Durack have seen a 30.28% increase in median value, while Units have seen a 12.44% increase. As at 31 October 2024:

  • The median value for Houses in Durack is $576,093 while the median value for Units is $358,285.
  • Houses have a median rent of $680 while Units have a median rent of $565.
There are currently 10 properties listed for sale, and 12 properties listed for rent in Durack on OnTheHouse. According to CoreLogic's data, 109 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.