OFF MARKET

20 Progress Drive
Nightcliff NT 0810

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 996m2
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Property Details for 20 Progress Dr, Nightcliff

Building Type
Land
Year Built
1960
Land Size
996m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 358/A 000118

Last Listing description (March 2013)

What An Area & What A Block!
Great Location - Great Opportunity
- Located in Nightcliff and offering a short stroll to beach-side living, the famous Nightcliff markets and the Woolworths shopping complex that offers mainstream services. It's easy to see the opportunity.

- Short and Long-term leasing options continue to show great strength in the Nightcliff area as it performs well in the Investment Sector.
- This large block is currently zoned (SD) Single Dwelling; a call to planning about zoning options is highly suggested as demand pushes for further housing.
- Large frontage exceeds 27 metres with over 36 metres in depth offering easement-free planning options.
- Located 10 minutes and less than 10km from the CBD of Darwin with great public transport, it remains attractive to CBD lifestyle and work inclined tenants and buyers.
- Owner is clearing the block to allow greater ease with planning and does seek a result.
Access to the block is by request. Contact Steve Arnold on 08 8984 0770 - 0427 700 459.

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Property History for 20 Progress Dr, Nightcliff, NT 0810

A timeline of how this property has performed in the market
Last Sold
$399,000
14 Jul 2008
  • 16 Feb 2012
    Listed for Sale PRICE UPON APPLICATION
  • 14 Jul 2008
    Sold for $399,000
  • 10 May 2008
    Listed for Sale

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About 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 39.67% increase in median value, while Units have seen a 18.61% increase. As at 30 September 2024:

  • The median value for Houses in Nightcliff is $843,293 while the median value for Units is $331,524.
  • Houses have a median rent of $650 while Units have a median rent of $485.
There are currently 26 properties listed for sale, and 17 properties listed for rent in Nightcliff on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Nightcliff.

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