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Sold on 11 Oct 2024 for $443,000

7 Spathe Court
Karama NT 0812

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 800m2
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Property Details for 7 Spathe Ct, Karama

7 Spathe Ct, Karama is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 800m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Karama in the last 12 months.

Building Type
House
Land Size
800m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 4915/S 80/130C

Last Listing description (October 2024)

Discover the perfect blend of comfort, convenience, and potential at 7 Spathe Court, Karama. Set on a generous 800sqm block, this charming 3-bedroom, 1-bathroom home offers something for everyone-whether you're a first-home buyer looking to enter the market, an investor seeking a solid property with good rental returns, or a family searching for a spacious, move-in-ready home. With a flexible floor plan, ample outdoor space, and a peaceful suburban setting, this property presents an excellent opportunity to secure your future in the vibrant Darwin market.

Step inside to discover an open-plan living and dining area, fully tiled and air-conditioned throughout to ensure comfort in every season. The modern kitchen is well-equipped with ample cupboard space and generous benchtops, making it easy to prepare meals and entertain guests.

The home features three comfortable bedrooms, each designed with practicality in mind. The master bedroom serves as a peaceful retreat with air conditioning, a walk-in robe, and a cozy study nook. The second bedroom, also spacious, includes built-in wardrobes and is perfect for family members or guests. The third bedroom features a split-system air conditioner and tiled flooring, providing a cool, comfortable space ideal for Darwin's tropical climate.

The centrally located family bathroom offers a shower and a separate toilet, ensuring privacy and convenience for all. An internal laundry provides direct access to the backyard, enhancing the home's functional layout.

Outside, the property boasts a generous yard with established gardens, creating a private and peaceful setting perfect for outdoor gatherings. The large backyard shed offers additional storage or can be used as a workshop, catering to various needs. With sliding access gates, there is ample room to securely park a boat, trailer, or additional vehicles-ideal for those who love outdoor activities. A double carport provides covered parking, with space for more vehicles.

Property Highlights:

• 3-bedroom, single-story family home in Karama, a relaxed suburb in the outer northern area of Darwin
• Open-plan living and dining area, ideal for family living and entertaining
• Modern kitchen with ample cupboard space and generous bench areas
• Family bathroom with shower and separate toilet
• Convenient internal laundry with easy access to the backyard
• Spacious backyard with established gardens and a large shed, suitable for a workshop or extra storage
• Double carport with extra space for multiple vehicles
• Sliding access gates provide secure parking for a boat, trailer, or caravan

Key Neighborhood Features:

• Nestled in a peaceful cul-de-sac with minimal car traffic
• Karama is a family-friendly suburb located in the outer northern suburbs of Darwin
• Close proximity to shopping centres like Woolworths Karama and Coles Northlakes
• Holy Family Primary, O'Loughlin College, and Karama Primary are all within a 5-minute walk
• Easy access to popular attractions such as Crocodylus Park and Leanyer Water Park
• Only a 10-minute drive to Royal Darwin Hospital, providing peace of mind with easy access to medical services

Additional Information:

• Council Rates: $1,704 per annum (approx)
• Year Built: 1985
• Area Under Title: 800sqm
• Zoning: SD
• Status: Vacant Possession

This property presents a great opportunity for investors looking for a reliable asset with solid rental income. With a rental appraisal of $600 - $650 per week, this home offers good returns in a stable market, making it a sound addition to any investment portfolio.

Come and see 7 Spathe Court for yourself and discover a home that combines comfort, convenience, and plenty of outdoor space. Don't miss your chance to make this wonderful property your own!

Property History for 7 Spathe Ct, Karama, NT 0812

A timeline of how this property has performed in the market
Last Sold
$443,000
11 Oct 2024
  • 11 Oct 2024
    Sold for $443,000
  • 04 Sep 2024
    Listed for Sale $443,000
  • 14 Dec 2009
    Sold for $483,500
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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 1,754 properties. Over the last 5 years, Houses in Karama have seen a 25.72% increase in median value, while Units have seen a 19.33% increase. As at 30 September 2024:

  • The median value for Houses in Karama is $452,512 while the median value for Units is $263,531.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Karama on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Karama.

Suburb Insights for Karama 0812

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Estiaque Hossain
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Bhawani Paudyal
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LAND & LEASE REALTY DARWIN PTY LTD
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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.