2/5 Hands CourtMalak NT 0812
Property Details for 2/5 Hands Ct, Malak
2/5 Hands Ct, Malak is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1986. The property has a floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (June 2016)
This is a great Northern Suburbs unit on offer, with ample front and rear courtyard entertaining.
Cool RAC air conditioning, front and rear entertaining and a quick walk to the primary school or local shops are features that give this unit the makings of a great first home or the perfect bullet proof investment.
The location is great, backing onto parkland's and school grounds, and is the perfect place to take the family for some outdoor sports, with the school courts and oval only a stones throw away.
The savvy investor should take note of a great opportunity, with low body corporate fees and a great tenant in place for another 12 months at $380 per week.
This is a great unit, at a great price, in a great location!
Property History for 2/5 Hands Ct, Malak, NT 0812
- 15 Jun 2016Sold for $298,500
- 12 Dec 2015Listed for Sale FROM-270000
- 24 May 2013Sold for $360,000
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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 1,161 properties. Over the last 5 years, Houses in Malak have seen a 22.37% increase in median value, while Units have seen a 20.32% increase. As at 31 July 2024:
- The median value for Houses in Malak is $536,449 while the median value for Units is $285,776.
- Houses have a median rent of $600 while Units have a median rent of $420.
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