OFF MARKET

50 Mullamulla Circuit
Karama NT 0812

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 768m2
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Property Details for 50 Mullamulla Cct, Karama

50 Mullamulla Cct, Karama is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 768m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1980
Floor Size
107m2
Land Size
768m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 5270/S 81/040

Last Listing description (October 2022)

Northern suburbs, elevated, pool. Large parcel of land (801m2). If you're looking for absolute value and wanting to get a foothold into home ownership, then 50 Mullamulla will be on your list of properties to see.

Let's take a look at what's on offer

Large inground concrete tropical pool is the first thing you'll notice as soon as you enter the property. Plenty of space with lawns and it's also quite private and shady which is a benefit in the tropics of Darwin. The upstairs deck overlooks the pool area and lets you keep an eye on the kids when they're not out the back in the cubby house. Also perfect just to enjoy the elevated position and breezes.

Upstairs we have 2 bedrooms, an open plan kitchen with breakfast bar, stainless steel splashback, large upright oven with 5 burner cooktop and new dishwasher. Louvred windows are throughout to capture breezes. Dual louvred entry doors to the main deck which is a nice feature.

Bedrooms are full width upstairs and bookend the home. Both have built in mirrored robes, fans and air-conditioning. Bathroom is modern with separate toilet and built in vanity. Neat and tidy with nothing to do.

Downstairs we have an additional two bedrooms or utilise one as an office/study area. Options you have. With a little work and some love, this home has significant capital growth prospects in the best value suburb in Darwin. As an investment, it's nothing short of outstanding in the current rental market.

Large concrete pool with deck
High access parking - great for caravans etc
Separate carport
Shed
Close to shops
One of suburbs best streets/locations
Secure access and well fenced
Cubbyhouse

The home is suitable for several buyers, but at its core, it's a great home to get you into the property market as it's affordable. Karama is attracting more and more buyers that are looking for value and are slowly transforming the suburb. Get ahead of the curve. Great value it is.

Current owner has decided to sell via the easiest method in today's market, and that's, come and have a chat to me, darren@elders, it'll just make sense.

Property History for 50 Mullamulla Cct, Karama, NT 0812

A timeline of how this property has performed in the market
Last Sold
$487,500
19 Aug 2022
Listed for Rent
$620/w
25 Aug 2022
  • 25 Aug 2022
    Listed for Rent - Price not available
  • 19 Aug 2022
    Listed for Sale UNDER CONTRACT
  • 19 Aug 2022
    Sold for $487,500
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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 1,752 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 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.