SOLD
Sold on 27 Nov 2024 for $300,000

23 Darwent Street
Malak NT 0812

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 197m2
Land area: 804m2
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Property Details for 23 Darwent St, Malak

23 Darwent St, Malak is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 804m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 5 bedroom House sold in Malak in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
197m2
Land Size
804m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 2656/S 72/163L

Last Listing description (August 2024)

Nestled on a spacious 804m2 land allotment, this remarkable split-level family home epitomizes expansive living and meticulous maintenance. Featuring dual driveway access, the property offers five generously proportioned bedrooms, with four upstairs and an additional spacious office/study/nursery adjoining the master suite, while the fifth bedroom is conveniently located downstairs. Secure fencing and lush gardens envelop the home, creating a private oasis with a covered entertainment area.

Key features of this residence include:
- Expansive open-plan living, dining, and kitchen areas flooded with natural light from large windows.

- Five generously sized bedrooms with built-in robes, including a downstairs bedroom with an ensuite, ideal for separate accommodation.
- Stylishly renovated main bathroom upstairs, featuring a spacious shower recess and premium fittings.
- Modern kitchen equipped with stainless-steel appliances, gas cooktop, ample storage, and bench space.
- Elegant polished timber floors and split-system air conditioning throughout, complemented by ceramic tiling in specific areas.
- Spacious rear balcony offering serene garden views.
- Covered entertainment verandah with ceiling fans and a storeroom.
- External laundry facilities.
- Well-maintained gardens with secure fencing
- Dual driveway; automatic entry to one.

With off-street parking available at both entrances, the layout allows for the downstairs bedroom to serve as separate accommodation, potentially generating additional income. Conveniently situated near schools, universities, shopping centers, public transport, and hospitals, this property offers easy access to local amenities, including the popular Malak Market. With its promising potential for future growth and prime location, this home presents an outstanding opportunity in today's market.

Around the Suburb:
Walk to community parklands and play areas for the kids
Ride your bike with the kids to the local school nearby
Pop up to the Hibiscus shops for meals, shopping and news agency
Spend your free time at the Leanyer Water Park or Skate Park
Take a short drive to enjoy the Casuarina Coastline & watch the sunset

About the Property:
Area under title: 804 metres square
Year Built: 1980
Council rates: $1,670.00 per annum approx
Easements: Sewerage easement to Power and Water Authority
Currently tenanted to August 2024 at $800 per week

Property History for 23 Darwent St, Malak, NT 0812

A timeline of how this property has performed in the market
Last Sold
$300,000
27 Nov 2024
Listed for Rent
$800/w
13 Aug 2023
  • 27 Nov 2024
    Sold for $300,000
  • 24 Apr 2024
    Listed for Sale $650,000
  • 28 Jul 2023
    Listed for Rent $800 / 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 1,160 properties. Over the last 5 years, Houses in Malak have seen a 24.07% increase in median value, while Units have seen a 42.35% increase. As at 30 November 2024:

  • The median value for Houses in Malak is $514,542 while the median value for Units is $316,036.
  • Houses have a median rent of $585 while Units have a median rent of $410.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Malak on OnTheHouse. According to CoreLogic's data, 49 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.