SOLD
Sold on 05 Jul 2024 for $360,000

9 Magdelene Court
Malak NT 0812

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 787m2
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Property Details for 9 Magdelene Ct, Malak

9 Magdelene Ct, Malak is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 787m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Malak in the last 12 months.

Building Type
House
Year Built
1983
Floor Size
104m2
Land Size
787m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 6122/S 81/025B

Last Listing description (April 2024)

Text 9MAG to 0488 810 057 for more property information

Exciting Opportunity Awaits in Prime Location

Unlock the potential of this three-bedroom house, ideally situated opposite Malak shops and a park, offering easy access to schools, Darwin Golf Course, and the Marrara Sporting Complex. Located less than 20 minutes from Darwin CBD, this property presents an incredible chance for those with a vision.

Property Features:

? Three spacious bedrooms with air-conditioning
? Well-designed kitchen with ample bench space and a sunny outlook
? Main bathroom with a shower over bath and separate toilet
? Generous master bedroom with air conditioning
? Bedrooms two and three feature bright and inviting views.
? Bonus sitting room or home office space.
? Concrete patio extends to a large lawn and gardens.
? Convenient internal laundry
? Additional lock-up storeroom for your storage needs
? Dual front and rear access for off-street parking convenience
? Currently tenanted. Lease expires on 19/10/23, and the tenant is keen to stay on if this suits the buyer.

While internal photographs are not available, the motivation to sell is extremely high, making this property an enticing opportunity for those with vision.

This is your chance to secure a property that holds immense potential, whether you're looking for your next investment, a renovation project, or a place to call home.

To learn more or arrange a viewing, please contact us today. We're here to help you seize this exciting opportunity.

Auction: 30th OCTOBER 2023 - 5:30PM ON-SITE
Council Rates: Approx. $1700 per annum
Area Under Title: 800 sqm
Zoning: LR (Low Density Residential)
Status: Vacant Possession
Vendors Conveyancer: beth Saunders Conveyancing
Settlement period: 30 Days
Deposit: 10% or variation on request
Easements as per title: None Found

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Property History for 9 Magdelene Ct, Malak, NT 0812

A timeline of how this property has performed in the market
Last Sold
$360,000
05 Jul 2024
Listed for Rent
$440/w
25 Oct 2022
  • 05 Jul 2024
    Sold for $360,000
  • 09 Oct 2023
    Listed for Sale $385,000
  • 31 Aug 2022
    Listed for Rent $440 / 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.

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