OFF MARKET

1/1 Tabletop Place
Malak NT 0812

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 77m2
Land area: 3541m2
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Last updated 11 Nov 2024
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Property Details for 1/1 Tabletop Pl, Malak

1/1 Tabletop Pl, Malak is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1983. The property has a land size of 3541m2 and floor size of 77m2.

Building Type
Unit
Year Built
1983
Floor Size
77m2
Land Size
3541m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 6103

Last Listing description (April 2023)

Affordability, space and all the work done. Turn-key it is.

The current owner has done all the work, and you can move into a renovated home that's super affordable. And in this environment, that's what it's all about.

Kitchen, bathroom, tiles, and fresh paint. All new. Kitchens and bathrooms can make a world of difference to a home. They make all the basics of life (cooking and self-care) that much more enjoyable. In fact, cooking in this kitchen is an absolute delight.

Sliding doors open to the front patio, so there's ease of access to the outdoors
Front yard and a rear yard. Grass and garden. Loads of space.
Let's look a bit deeper

651 m2
2 bedrooms and 1 bathroom
Brand new kitchen and bathroom
Airconditioned
New and secure fencing
Front and rear pedestrian access
Garden shed
Built in robes
Front and rear verandas
Close to shops and sporting fields

The home is suitable for those who are either looking for a very affordable place to call home, or the savvy investor.

For the homeowner, it presents an opportunity to reduce your interest rate risk and maybe get off the rent cycle. It's a mortgage rate crusher! For the investor, it's a "no-brainer" with the current rental market being exceptionally buoyant.

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Property History for 1/1 Tabletop Pl, Malak, NT 0812

A timeline of how this property has performed in the market
Listed for Rent
$290/w
15 Aug 2016
  • 02 Mar 2023
    Listed for Sale UNDER CONTRACT
  • 25 May 2016
    Listed for Rent - Price not available
  • 10 Jun 2011
    Listed for Rent - Price not available
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About Malak 0812

The size of Malak is approximately 1.8 square kilometres. It has 6 parks covering nearly 14.9% of total area. The population of Malak in 2011 was 3,309 people. By 2016 the population was 2,997 showing a population decline of 9.4% in the area during that time. The predominant age group in Malak is 30-39 years. Households in Malak are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Malak work in a professional occupation. In 2011, 57.2% of the homes in Malak were owner-occupied compared with 58.8% in 2016.

Malak has 1,156 properties. Over the last 5 years, Houses in Malak have seen a 22.48% increase in median value, while Units have seen a 41.59% increase. As at 31 October 2024:

  • The median value for Houses in Malak is $522,577 while the median value for Units is $315,426.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Malak on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Malak.

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