OFF MARKET

6/77 Koolinda Crescent
Karama NT 0812

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 234m2
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Last updated 30 Sep 2024
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Property Details for 6/77 Koolinda Cres, Karama

6/77 Koolinda Cres, Karama is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1986. The property has a land size of 234m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1986
Floor Size
78m2
Land Size
234m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 5324/UP 86/073

Last Listing description (November 2021)

Raine and Horne Darwin is pleased to present this spacious two-bedroom unit to the market. If you're looking to kick start your rental portfolio off with an investment that won't cost the earth then look no further as this investment has great returns, or alternatively you can move in a few months' time.

This solid two bedroom ground level unit located in Karama, directly opposite the Woolies supermarket complex, public library, transport, and many other amenities!

The spacious unit features open plan living, good sized kitchen with the added bonus of a breakfast bar. The entire unit also features cathedral ceilings for a true sense of space, ceramic tiles and air-conditioning throughout. At the front of the home is a carport and paved semi-private front courtyard with plenty of room for the second car.

Both bedrooms are large, the double size air-conditioned main bedroom features a built-in wardrobe and a high ceiling. There is also a large courtyard with an undercover entertaining area and open space with plenty of garden beds for the avid gardener.

This solid unit is currently leased at $310 per week until October 2021, investors be quick because it won't last long on the market at this price.

Offers Over $230,000 Considered, so arrange an inspection today.

Council Rates: $1,480 (Approx) per annum
Year Built: 1982
Body Corp: Whittles
Body Corp: $978 per quarter

Property History for 6/77 Koolinda Cres, Karama, NT 0812

A timeline of how this property has performed in the market
Last Sold
$228,000
11 Nov 2021
Listed for Rent
$310/w
29 Sep 2020
  • 11 Nov 2021
    Sold for $228,000
  • 27 May 2021
    Listed for Sale UNDER CONTRACT
  • 07 Sep 2020
    Listed for Rent $310 / 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 1,759 properties. Over the last 5 years, Houses in Karama have seen a 23.35% increase in median value, while Units have seen a 17.65% increase. As at 31 August 2024:

  • The median value for Houses in Karama is $447,879 while the median value for Units is $262,968.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 4 properties listed for rent in Karama on OnTheHouse. According to CoreLogic's data, 54 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.