OFF MARKET

2/50 Koolinda Crescent
Karama NT 0812

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 88m2
Land area: 1146m2
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Property Details for 2/50 Koolinda Cres, Karama

2/50 Koolinda Cres, Karama is a 2 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 1146m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1985
Floor Size
88m2
Land Size
1146m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 6680/UP 85/042

Last Listing description (November 2023)

If you are looking for a neat and tidy investment or looking to buy to escape the rental roundabout and secure your first home, then this well presented two storey, two-bedroom townhouse could be just the property you are looking for. Featuring an internal timber staircase, two bedrooms with built in robes and a modern spacious main bathroom on the upper level, open plan design with the dining, living and kitchen area's following out to the secure and rear courtyard with inground spa.

Here's what we love about this home:

? Spacious open plan design with dining, living and kitchen areas on the ground level

? Modern kitchen boasts timber benchtops, ceramic cooktop, stainless steel oven, glossy red cabinetry, full sized pantry, plenty of additional storage and overhead cupboard space
? Two bedrooms with full sized built-in robes; split system air-conditioning and louvred windows
? Cool ceramic tiles, stainless steel fans, security screens and split system air conditioning throughout
? Tastefully upgraded main bathroom featuring bath, shower, modern vanity unit with wall mounted mirrored cabinet
? Internal well equipped laundry room accessed via the rear verandah also includes a second W/C
? Handy internal storeroom
? Secure rear courtyard with spacious undercover verandah and a bubbly inground spa with mounted umbrella for shade
? Small complex of only four, pet friendly on application and a stone's throw from the major shopping centre, adjacent pretty parklands

The complex is well maintained, quiet and well positioned, within walking distance to a major shopping centre, schools and public transport and a 15-minute drive to the Darwin CBD. Whether you want to kick start your rental portfolio or move into your first home, this home represents a smart buy in the current market and won't be available for long.

Property History for 2/50 Koolinda Cres, Karama, NT 0812

A timeline of how this property has performed in the market
Last Sold
$255,000
02 Nov 2023
Listed for Rent
$460/w
10 Jan 2023
  • 02 Nov 2023
    Sold for $255,000
  • 10 Nov 2022
    Listed for Sale OFFERS OVER $295,000
  • 23 Sep 2022
    Listed for Rent $460 / 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 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.

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.