12/5 Poinciana StreetNightcliff NT 0810
Property Details for 12/5 Poinciana St, Nightcliff
12/5 Poinciana St, Nightcliff is a 1 bedroom, 1 bathroom Unit and was built in 1982. The property has a land size of 29m2 and floor size of 29m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Nightcliff in the last 12 months.
Last Listing description (June 2024)
Whether you're just dipping a toe in the investment market or you're compiling a portfolio of easily maintained properties, then this studio should definitely be on your list.
Currently tenanted until July 2024 and located only a short walk to the Nightcliff pool and foreshore and the Aralia Street shops only one street away, this Studio represents a 8.7% gross return and a steady investment.
Investments of this nature are sought after due to their minimalistic requirements and the demand for tenancy.
There is one car space allocated and the studio itself is located on the first level, allowing for an easy walk up, also included are white goods.
Whilst there's not much to say about this studio, the location, offering and return speak for themselves.
Body Corporate Levies: $825/qtr
Body Corporate Manager: Castle Real estate
Property History for 12/5 Poinciana St, Nightcliff, NT 0810
- 27 May 2024Sold for $165,000
- 13 Mar 2024Listed for Sale Not Disclosed
- 31 Aug 2021Listed for Sale $170,000
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0About Nightcliff 0810
The size of Nightcliff is approximately 1.5 square kilometres. It has 6 parks covering nearly 6.5% of total area. The population of Nightcliff in 2011 was 3,654 people. By 2016 the population was 3,838 showing a population growth of 5.0% in the area during that time. The predominant age group in Nightcliff is 30-39 years. Households in Nightcliff are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Nightcliff work in a professional occupation. In 2011, 46% of the homes in Nightcliff were owner-occupied compared with 40.4% in 2016.
Nightcliff has 2,183 properties. Over the last 5 years, Houses in Nightcliff have seen a 41.13% increase in median value, while Units have seen a 26.11% increase. As at 31 October 2024:
- The median value for Houses in Nightcliff is $809,029 while the median value for Units is $333,018.
- Houses have a median rent of $650 while Units have a median rent of $485.
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