OFF MARKET

1 Ringwood Street
Malak NT 0812

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 138m2
Land area: 751m2
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Property Details for 1 Ringwood St, Malak

1 Ringwood St, Malak is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1982. The property has a land size of 751m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1982
Floor Size
138m2
Land Size
751m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 2530/S 72/163J

Last Listing description (December 2022)

Set on a fantastic 744sqm corner block within easy walking distance to the Northlakes Shopping Centre is this classic four bedroom elevated Darwin home. This pocket of the northern suburbs is still affordable for first time buyers and a great investment area with rental prices skyrocketing.

Typical of these classic Darwin home, upstairs offers a large open plan living and dedicated dining area overlooked by a very spacious kitchen. Al fresco dining with friends or your morning coffee alone can be enjoyed on the balcony with the birds. Stunning timber floorboards, high ceilings and louvre windows add character and charm to the home. The kitchen is a great space, offering loads of storage and terrific bench space as well as stainless steel appliances, including dishwasher, dedicated fridge space and breakfast bar.

Three very generous bedrooms, all with built in robes and beautiful floorboards are thoughtfully separated from the living area. A modern bathroom with walk in shower and separate toilet complete the upstairs. Under the home is a huge open plan living area and another bathroom perfect for guests, intergenerational family living, second income stream or even a home business.

Parking is plentiful, with two carparks under the home and lots room on the long driveway and beside the home. The garden is a blank canvas with lots of lawn area for your furry friend who can be securely locked in the large backyardhe might have to give up a bit of space for a swimming pool one day though!

The Features:
Classic Elevated Four Bedroom Home on Large Corner Block
Open Plan Living/Dining Upstairs with Great Balcony for Al Fresco Dining
Gorgeous Timber Floorboards, High Ceilings and Louvre Windows Throughout
Three Very Generous Bedrooms with Built in Robes Upstairs
Modern Bathroom with Separate Toilet
Huge Open Plan Living Area/Granny Flat Downstairs with Bathroom
Modern Conditioning Throughout
Shady Paved Patio At Rear of Home
Double Carport Plus Plenty of Extra Parking Space
Garden Shed
Fenced Back Yard

This is a fantastic opportunity to get in to the market with a very spacious family home, close to schools, shops and, of course the fabulous Malak Organic Food Market on Saturday nights. Five minutes to the airport and Marrara Sporting Complex, 10 minutes to Casuarina and an easy 20 minutes to both the Darwin and Palmerston CBDs.
Strike now while the iron is hot..this opportunity is too good to last.

Council Rates: Approx. $1,600 per annum
Area Under Title: 744 square metres
Year Built: 1980
Zoning: LR (Low Density Residential)
Pool Status: None Found
Status: Vacant Possession
Building Report: Available on request
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: None Found

Property History for 1 Ringwood St, Malak, NT 0812

A timeline of how this property has performed in the market
Last Sold
$525,000
13 Jan 2023
  • 13 Jan 2023
    Sold for $525,000
  • 21 Oct 2022
    Listed for Sale SOLD
  • 14 Jul 2020
    Listed for Rent $500 / week
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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 1,155 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 5 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.

Suburb Insights for Malak 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.