OFF MARKET

5/20 Bayfield Road
Malak NT 0812

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 101m2
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Last updated 11 Nov 2024
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Property Details for 5/20 Bayfield Rd, Malak

5/20 Bayfield Rd, Malak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 101m2.

Building Type
Unit
Land Size
101m2
Local Government
Darwin

Last Listing description (August 2020)

First home buyers, investors or renters looking to buy, the perfect opportunity now presents!

This two bedroom unit ticks all the boxes and represents outstanding affordability at this price point.

Here's the details...

With the kitchen and dining/lounge located on the ground floor, there's also access to the rear courtyard, conveniently located just off the kitchen which offers that extra space not always found in units.

Upstairs are two good sized bedrooms, with the main offering access to a breezy balcony. The main bathroom is generous in size and complete with a bath.

Also:
• Air conditioned (split-systems) throughout
• Large paved rear courtyard
• Early morning light
• Kitchen with plenty of storage space
• Built-in robes
• Private balcony to main bedroom
• Security screens
• Access via Bayfield Road or Tabletop Place
• Vehicle space
• New roof being installed in coming months (already paid for)
• Affordable body corp fees
• Great neighbourhood
• Close to schools and shops

Agents view:
There is not a lot of properties available in Darwin that you can buy for this price. It will appeal to many buyers for that reason alone. The home is neat and tidy and is looking for a new owner to make it feel like new. With the property market starting to show positive signs, now is one of the best times to be a buyer.

Property History for 5/20 Bayfield Rd, Malak, NT 0812

A timeline of how this property has performed in the market
  • 23 Jul 2020
    Listed for Sale UNDER CONTRACT

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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 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.