OFF MARKET

12 Wearing Crescent
Karama NT 0812

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 860m2
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Property Details for 12 Wearing Cres, Karama

12 Wearing Cres, Karama is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 860m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1980
Floor Size
116m2
Land Size
860m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 6337/S 82/162

Last Listing description (March 2023)

Hidden from the street by the established garden, this classic elevated three-bedroom home is the perfect place to start. From an investment point of view the outer suburbs are still well priced and have yet to reach their full potential this is the time to commit and what your investment grow.

With open plan living this home offers generous internal spaces opening out to the full length verandah, creating a lovely and private spot to enjoy your morning coffee with the birds. The striking modern kitchen, which turns convention on its head with panache, has fantastic storage, loads of bench space and is definitely the heart of the home. A large pull out pantry, stainless steel appliances, gas cooktop and large breakfast bar make this a space for creative cooking and making wonderful memories.

Separated from the living area are the three spacious bedrooms, all with built in robes, modern air conditioning and large windows to encourage those afternoon breezes to move freely throughout the entire home. The family bathroom and separate toilet are central to the bedrooms and living area. Storage is well catered for and includes a large storage room downstairs which is also where you will find the laundry.

Under the home is plenty of space for the kids to play, no matter what the weather, and for adults to gather to enjoy a BBQ and some cold drinks..there is also a spa to cool down and relax in on hot days.

Features to Note:

Elevated Darwin Classic on 851m with Established Fruiting Gardens
Open Plan Living Private Full Length Verandah to Front of Home
Modern Kitchen Excellent Storage & Bench Space, Gas Cooktop, Pull Out Pantry
Stunning Polished Floorboards Throughout Louvre Windows for Air Flow
Three Spacious Bedrooms with Built in Robes Master Extra Generous
Central Family Bathroom Separate Toilet
Large Storeroom & Laundry Downstairs
Great Entertaining Area Under Home Overlooking the Refreshing Spa
Double Carport & Long Driveway for Extra Parking
Garden shed
Established Fruit Trees & Tropical Garden

With everything you could want on your doorstep, including Casuarina shopping centre, Leanyer Water Park, beaches and the Airport all less than 10 minutes away, the location is great. The local school and shops are literally around the corner and with an easy 20 minute commute to Darwin CBD the northern suburbs will always be a wonderful place to live and invest.

Council Rates: Approx. $1,600 per annum
Area Under Title: 851 square metres
Year Built: 1980
Zoning: LR (Low Density Residential)
Pool Status: Compliant to Modified Australian Standard
Status: Tenanted @ $500 per week: expiring 20/1/2023
Vendors Conveyancer: Lawlab
Building Report: Available on request
Pest Report: Available on request
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: None Found

Property History for 12 Wearing Cres, Karama, NT 0812

A timeline of how this property has performed in the market
Last Sold
$460,000
03 Apr 2023
Listed for Rent
$500/w
25 Nov 2021
  • 03 Apr 2023
    Sold for $460,000
  • 04 Aug 2022
    Listed for Sale Under Contract
  • 25 Nov 2021
    Listed for Rent $500 / week
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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 8.82% increase in median value, while Units have seen a 28.18% increase. As at 30 November 2024:

  • The median value for Houses in Karama is $444,528 while the median value for Units is $279,802.
  • Houses have a median rent of $573 while Units have a median rent of $450.
There are currently 5 properties listed for sale, and 6 properties listed for rent in Karama on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Karama.

Suburb Insights for Karama 0812

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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.