SOLD
Sold on 30 Jul 2024 for $340,000

1/50 Kalymnos Drive
Karama NT 0812

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 288m2
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Property Details for 1/50 Kalymnos Dr, Karama

1/50 Kalymnos Dr, Karama is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1984. The property has a land size of 288m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Karama in the last 12 months.

Building Type
Unit
Year Built
1984
Floor Size
75m2
Land Size
288m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 6561/S 82/102

Last Listing description (August 2024)

Council Rates: Approx. $1678 per annum
Area Under Title: 288 square metres
Status: Currently leased at $470pw

Body Corporate Levies: Approx. $1088.00 per quarter
Admin: $935
Sinking Fund: $153
Deposit: 10% or variation on request

Stepping into the unit, you are greeted by an open-plan living space flaunting sleek marble-effect tiles and a modern neutral palette.

In the living space, you will notice an effortless flow out to the small courtyard at the back, where a covered verandah offers alfresco entertaining looking out over the inground spa and grassy yard, framed by tropical landscaping.

Fully fenced, this space feels peaceful and perfectly private, while remaining wonderfully easy to care for. Aside from split-system AC throughout the interior, the package is completed by a laundry, garden shed and a single lockup garage.

* Currently tenanted two-bedroom unit situated in end position within small complex of six
* Neat and tidy throughout, complemented by neutral décor and attractive flooring
* Central open-plan living offers flexi layout options for living and dining
* Smart kitchen features gas cooking, modern appliances and ample storage
* Two generous bedrooms both feature carpet, built-in robe and AC
* Fully tiled bathroom offers framed glass corner shower and stylish vanity
* Sliding glass doors lead to covered verandah and inground spa
* Grassy courtyard framed by lush tropical landscaping, fenced for privacy
* Enclosed laundry accessed via verandah; split-system AC in every room
* Single lockup garage with access via porch, plus garden shed at side

With Karama shopping centre steps from the front door, this lovely unit delivers modern convenience in an effortless package, shops and dining on the doorstep, and offers further convenience with its proximity to parks and schools. By car, it’s just seven minutes to Casuarina Square, and just a little further to the beach, university and hospital.

Currently tenanted, the unit could provide the perfect opportunity for an astute investor.

Property History for 1/50 Kalymnos Dr, Karama, NT 0812

A timeline of how this property has performed in the market
Last Sold
$340,000
30 Jul 2024
Listed for Rent
$450/w
16 Jul 2022
  • 30 Jul 2024
    Sold for $340,000
  • 07 Jun 2024
    Listed for Sale Under Contract
  • 18 Oct 2023
    Listed for Sale Not Disclosed
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About Karama 0812

The size of Karama is approximately 2.1 square kilometres. It has 15 parks covering nearly 6.3% of total area. The population of Karama in 2011 was 4,844 people. By 2016 the population was 4,927 showing a population growth of 1.7% in the area during that time. The predominant age group in Karama is 10-19 years. Households in Karama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karama work in a professional occupation. In 2011, 59.2% of the homes in Karama were owner-occupied compared with 57.6% in 2016.

Karama has 1,758 properties. Over the last 5 years, Houses in Karama have seen a 23.35% increase in median value, while Units have seen a 17.65% increase. As at 31 August 2024:

  • The median value for Houses in Karama is $447,879 while the median value for Units is $262,968.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Karama on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Karama.

Suburb Insights for Karama 0812

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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.