2/41 Progress DriveNightcliff NT 0810
Property Details for 2/41 Progress Dr, Nightcliff
2/41 Progress Dr, Nightcliff is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 86m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in May 2012.
Last Listing description (April 2011)
Investment For The Futuer
Look past old bricks and mortar and see this block of old units redeveloped in 3 to 4 years. All current owners bought into this development with a view to being involved in a development. This is a once in a lifetime opportunity for a small investor and to invest at an affordable price and reap the benefits in the near future.
Currently tenanted at $350 a week so holding costs are at the lower end of the scale.
Property History for 2/41 Progress Dr, Nightcliff, NT 0810
- 24 May 2012Sold for $300,000
- 27 Feb 2011Listed for Rent - Price not available
- 18 Nov 2010Listed for Sale 320000
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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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