SOLD
Sold on 02 Dec 2024 for $725,000

20 Tambling Terrace
Lyons NT 0810

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 187m2
Land area: 760m2
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Property Details for 20 Tambling Tce, Lyons

20 Tambling Tce, Lyons is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 760m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 4 bedroom House sold in Lyons in the last 12 months.

Building Type
House
Year Built
2008
Floor Size
187m2
Land Size
760m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 9913/L2006/076A

Last Listing description (December 2024)

Bricks and mortar, you can profit from buying a good property. It is hard to beat property as a long term investment. Lyons is a fantastic suburb very popular with both young families and professionals. Both the Royal Darwin Hospital and the Darwin Private Hospital are virtually minutes away. This is a smart investment, already tenanted with a weekly rent of $710 and a Defence Housing Australia Lease until February 2021 plus a 3 year option to DHA.

Buying a property with a Defence Housing Australia Lease in place can make investing simple. There are no vacancy concerns, which is very reassuring at a time when vacancy rates may fluctuate. Rent is secure as DHA pay the rent each and every month until lease end in. Plus with the benefit of the DHA property care there is virtually nothing for you to spend on maintenance.

In addition the lessor may be entitled to a lease-end make-good (refer to the DHA Lease Agreement.

Investing in DHA; This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property.

- A family sized home with four generous bedrooms
- The covered rear verandah perfect for entertaining
- Spacious living and dining area plus extra family space
- A handy ensuite to the master bedroom
- The home is fully tiled and air-conditioned throughout
- Double attached garage with direct entry to the home
- A good home built on a substantial 760 m2 block


Lease end: 10/2/2021
Lease option: 1 x fixed 36 months
Right to Vary: 1 x up to 12 months reduction or extension
Rent: $710 per week
(Note the Option and Right to Vary is at the discretion of DHA)

In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purpose only.

Property Code: 1999

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Property History for 20 Tambling Tce, Lyons, NT 0810

A timeline of how this property has performed in the market
Last Sold
$725,000
02 Dec 2024
Listed for Rent
$550/w
16 Mar 2020
  • 02 Dec 2024
    Sold for $725,000
  • 31 Oct 2024
    Listed for Sale under contract
  • 04 Mar 2020
    Listed for Rent $550 / week
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About Lyons 0810

The size of Lyons is approximately 1 square kilometres. It has 12 parks covering nearly 22.5% of total area. The population of Lyons in 2011 was 1,929 people. By 2016 the population was 2,302 showing a population growth of 19.3% in the area during that time. The predominant age group in Lyons is 0-9 years. Households in Lyons are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lyons work in a professional occupation. In 2011, 27.2% of the homes in Lyons were owner-occupied compared with 30% in 2016.

Lyons has 750 properties. Over the last 5 years, Houses in Lyons have seen a 34.79% increase in median value, while Units have seen a 45.87% increase. As at 30 November 2024:

  • The median value for Houses in Lyons is $773,871 while the median value for Units is $697,814.
  • Houses have a median rent of $840 while Units have a median rent of $580.
There are currently 4 properties listed for sale, and 1 property listed for rent in Lyons on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Lyons.

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