SOLD
Sold on 30 Oct 2024 for $520,000

17 Koolama Court
Karama NT 0812

Bedrooms: 5
Bathrooms: 2
Car spaces: 5
Floor area: 179m2
Land area: 805m2
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YOUR REAL ESTATE - DARWIN
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Property Details for 17 Koolama Ct, Karama

17 Koolama Ct, Karama is a 5 bedroom, 2 bathroom House with 5 parking spaces and was built in 1982. The property has a land size of 805m2 and floor size of 179m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Karama in the last 12 months.

Building Type
House
Year Built
1982
Floor Size
179m2
Land Size
805m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 5524/S 81/197

Last Listing description (May 2022)

This is a very big family home that is easily converted to two dwellings, providing an excellent investment and great opportunity to subsidise your mortgage.
Currently, one half is leased for $350 per week. Alternatively, it is a great spot for Grandma!

Located in a quiet cul-de-sac, this solid ground level home rests on a huge 805m2 block. There is ample privacy and security, with heaps of space both inside and out.
This excellent property is the perfect opportunity to buy in Darwin at a great price, also to greatly increase value at low cost.
Homes of this nature present a rare chance, but you will need to be quick as they can sell fast!

Property Features:
- Kitchen with large stove/oven
- Kitchenette with great storage
- Two verandahs - great for entertaining
- Huge front and rear yard space
- 5 big Bedrooms, big wardrobes
- 2 Bathrooms
- Air-conditioned throughout
- Walk-in robe to master bedroom
- Internal storeroom
- Internal laundry
- Interconnecting bathroom for 2 bedrooms
- Ceramic floor tiles throughout
- Solar hot water
- Undercover parking for 5 cars
- Dual entry/exit driveway
- High quality fencing
- Security screens all around
- Well established garden & lawns

$350pw income from half tenancy
Great investment opportunity

About the Property:
Council rates: $1200pa approx.
Area: 805m2
Zoning: SD (Single Dwelling)
Year Built: 1982

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Property History for 17 Koolama Ct, Karama, NT 0812

A timeline of how this property has performed in the market
Last Sold
$520,000
30 Oct 2024
  • 30 Oct 2024
    Sold for $520,000
  • 03 Mar 2022
    Listed for Sale $550,000
  • 17 Feb 2016
    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 1,754 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 5 properties listed for sale, and 7 properties listed for rent in Karama on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Karama.

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