OFF MARKET

401 Owen Lagoon Road
Lake Bennett NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: 10
Land area: 106375m2
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Property Details for 401 Owen Lagoon Rd, Lake Bennett

Building Type
Land
Land Size
106375m2
Local Government
Coomalie
Lot/Plan
Loc 367 Lot 1274/LTO2013/115

Last Listing description (February 2022)

Have you ever dreamed of owning more land than you know what to do with? This massive 10-hectare +6,300 parcel of easement free land has just become available in the very sought-after area of Lake Bennett and presents an ideal investment opportunity or great rural starter in this scenic and picturesque community.

What we love about this property:

• Massive 10 hectares of virgin bush

• High and dry block
• 250 meters of road frontage
• Well positioned, a short drive to Chinner Road and Lake Bennett Resort
• Access all year round, 30 mins from Coolalinga and approx 1 hour (63km) to Darwin
• Good bores and fishing in the area

If 10 hectares isn't enough, it is worth mentioning that the neighbouring 56 hectare block is also on the market by the same owner, so do a deal and buy them both!

Being just a short 5-10-minute drive from the glorious Lake Bennett resort for swimming and picnics, this could be the ideal weekender or rural get away. Whatever purpose you have in mind, there is no doubt this is a great rural starter for any number of usage options or simply invest and decide later.

"Make a Start with Team Derek Hart".

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Property History for 401 Owen Lagoon Rd, Lake Bennett, NT 0822

A timeline of how this property has performed in the market
Last Sold
$120,000
23 Feb 2022
  • 23 Feb 2022
    Sold for $120,000
  • 28 Oct 2020
    Listed for Sale OFFERS OVER $130,000
  • 13 Mar 2015
    Listed for Sale $130,000

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About Lake Bennett 0822

The size of Lake Bennett is approximately 164.4 square kilometres. It has 1 park covering nearly 6.3% of total area. The population of Lake Bennett in 2011 was 541 people. By 2016 the population was 78 showing a population decline of 85.6% in the area during that time. The predominant age group in Lake Bennett is 60-69 years. Households in Lake Bennett are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Lake Bennett work in a labourer occupation. In 2011, 71.3% of the homes in Lake Bennett were owner-occupied compared with 75% in 2016..

Lake Bennett has 202 properties. Over the last 5 years, Houses in Lake Bennett have seen a 13.51% increase in median value, while Units have seen a 29.41% increase. As at 31 October 2024:

  • The median value for Houses in Lake Bennett is $355,174 while the median value for Units is $328,673.
There are currently 3 properties listed for sale, and no properties listed for rent in Lake bennett on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Lake bennett.

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