OFF MARKET

16 Wearing Crescent
Karama NT 0812

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 161m2
Land area: 826m2
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Property Details for 16 Wearing Cres, Karama

16 Wearing Cres, Karama is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1983. The property has a land size of 826m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1983
Floor Size
161m2
Land Size
826m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 6339/S 82/162

Last Listing description (June 2022)

Phone Enquiry ID: 63896

Great roomy home for the growing family.
For the investor; currently generating a rental income of $570 per week. Lease expires 16.12.2022.

This roomy family home is ideal for those needing space to live plus loads of outside space with beautiful gardens and lawns for play areas.
The home is a well built, solid 4 bedroomed elevated home with 2 bathrooms on a large 851sqm fully fenced block of established tropical gardens in the popular Northern Suburbs of Darwin.
A great addition to the property is a lock up garage with roller door.
The drive in carport with space for 2 vehicles gives weather-proof access to the house.
Plunge pool/spa with brand new pump.
Fully fenced property with lovely established gardens offering good privacy.

Ground floor:
Entrance foyer with spiral stairs to 1st floor and entry to granny flat with ensuite including 3/4 bath with shower. The ground floor area is fully tiled with cedar plantation shutters dividing the foyer and granny flat. The granny flat access is from the foyer and has louvre windows and glass sliding doors to the pool area.
The combined laundry with very useful store room is accessed via the carport.

First floor:
Open plan tropical home design with air conditioned Living room with built in cedar bookcase; the living area opens out onto a timber deck.
Access to the first floor is by either an external door leading into the Dining area and kitchen or by the beautiful interior spiral staircase. The kitchen has a large breakfast bar.
The 3 air conditioned bedrooms have polished jarrah timber floors; ceiling fans and built in wardrobes;
The tiled Bathroom has a separate bath and shower; the toilet is adjacent and separate from the bathroom.
Upstairs flooring is of beautiful polished Jarrah timber, excepting the bathroom.
Ceiling fans throughout the home.
The outside concrete stairway leads to the 1st floor giving the benefit of a separate private entrance.
The concrete and tiled inground plunge pool/spa is paved and surrounded by gardens with well established trees, shrubs and plants ensuring privacy; a dream for the avid gardener. A new pool pump was installed in December 2021. The pool fencing encompasses a large area. All garden beds are set up with an irrigation system.
There is a termite barrier in place to stop any termites in their tracks.
Good neighbours in a quiet crescent with little traffic.
Excellent location; walking distance to schools; bus stop; shops, (Karama shopping centre).
Drive times: 8 minutes to Casuarina shopping centre, 14 minutes to CBD and 14 minutes to Palmerston.
Well worth an inspection; don't bypass this bargain!

Property History for 16 Wearing Cres, Karama, NT 0812

A timeline of how this property has performed in the market
Last Sold
$550,000
03 Jun 2022
Listed for Rent
$600/w
09 Dec 2021
  • 03 Jun 2022
    Sold for $550,000
  • 08 Nov 2021
    Listed for Rent $600 / week
  • 13 Sep 2021
    Listed for Rent $600 / 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 1,754 properties. Over the last 5 years, Houses in Karama have seen a 9.77% increase in median value, while Units have seen a 26.22% increase. As at 31 October 2024:

  • The median value for Houses in Karama is $451,635 while the median value for Units is $270,250.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 4 properties listed for sale, and 7 properties listed for rent in Karama on OnTheHouse. According to CoreLogic's data, 58 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.