OFF MARKET

54 Malak Crescent
Malak NT 0812

Bedrooms: 5
Bathrooms: 2
Car spaces: 7
Floor area: 205m2
Land area: 854m2
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Property Details for 54 Malak Cres, Malak

54 Malak Cres, Malak is a 5 bedroom, 2 bathroom House with 7 parking spaces and was built in 1980. The property has a land size of 854m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1980
Floor Size
205m2
Land Size
854m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 2249/S 72/163G

Last Listing description (October 2021)

Text '54MAL' to 0488 810 057 for all property information.

This enormous home is set up for lucrative dual occupancy with open-plan living, a kitchen, bathroom and three bedrooms to both spacious levels. The home is ideal for the extended family, or for the savvy investor keen to collect two rental incomes. You'll also love this excellent location opposite Malak Primary School, steps to Bayfield Park, and five minutes to Casuarina Square.

Polished timber floors to upper level; easy-care tiles to lower level

Open-plan upstairs living/dining area flows onto front balcony
Full-sized upstairs kitchen with breakfast bar and electric cooking
Renovated upstairs bathroom with corner shower and separate toilet
Mirrored built-in robes to all three light-filled upstairs bedrooms
Open-plan downstairs living/dining area also with full-sized kitchen
Three downstairs bedrooms all with built-in robes; two open to patio
Downstairs bathroom with corner shower and laundry facilities
Fenced in-ground pool, lawn and gardens to generous backyard
Double carport plus extra off-street parking in large paved forecourt
6 KW Solar System saving you $$$

This enormous two-storey home is essentially two self-contained three-bedroom homes in one. Owner/occupiers live on one level and rent out the other, or accommodate two families with plenty of privacy.

Take the external front staircase to the upstairs living/dining area that features beautiful timber flooring and flows onto a covered balcony.

The adjoining kitchen is well presented with a breakfast bar and electric cooking, and a hallway off the main living/dining area connects to the three upstairs bedrooms and bathroom in a separate wing that can be closed off from the rest of the home.

The upstairs bathroom has been recently renovated and features modern floor-to-ceiling tiles, and there are built-in robes to all three upstairs bedrooms.

Entry into the lower level is via the front verandah and into the tiled open-plan living/dining area with a full-sized kitchen and separate bathroom.

The fourth bedroom is off the main downstairs living area, and the fifth and sixth bedrooms are accessed via the large covered patio.

A fenced in-ground pool, plus a 3m x 4.5m garden shed completes this impressive package.

This large dual occupancy home will be popular. Act fast and organise your inspection today.

Council Rates: Approx. $1,550 per annum
Area Under Title: 854 sqm
Zoning: LR (Low Density Residential)
Status: Vacant Possession
Vendors Conveyancer: Law Lab
Building Report: Available on request
Pest Report: Available on request
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: (none found)

Property History for 54 Malak Cres, Malak, NT 0812

A timeline of how this property has performed in the market
Last Sold
$610,000
19 Nov 2021
Listed for Rent
$550/w
29 Jun 2018
  • 19 Nov 2021
    Sold for $610,000
  • 09 Aug 2021
    Listed for Sale UNDER CONTRACT
  • 28 May 2018
    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 1,155 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.