OFF MARKET

58 Kurrajong Crescent
Nightcliff NT 0810

Bedrooms: 4
Bathrooms: 4
Car spaces: -
Land area: 652m2
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Property Details for 58 Kurrajong Cres, Nightcliff

58 Kurrajong Cres, Nightcliff is a 4 bedroom, 4 bathroom Unit and was built in 1980. The property has a land size of 652m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1980
Land Size
652m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 4827/A 000716

Last Listing description (March 2019)

A rare opportunity for investors to secure a unit complex of 4 x 1 bedroom units with strong cash flow and positioned on 652sqm 'MD' zoned site which bares future opportunity for redevelopment.
* Comprising of 4 x 1 bedroom units.
* Exclusive fenced courtyard area to each unit.

* Updated and functional kitchen.
* Genuine one bedroom unit with separate bathroom.
* Air conditioning and tiled through-out.
* Private laundry area located on rear patio.
* Well located within walking distance to Nightcliff Foreshore.
* Convenient off-street parking for residents.
Annual Rental Income: $52,000*
Area Under Title: 652 Square Metres
Easements: Sewerage Easements for Power and Water Authority
Planning Scheme Zone: MD (Multiple Dwelling)
Council Rates: $5,560 Per Annum (Approximately)

Property History for 58 Kurrajong Cres, Nightcliff, NT 0810

A timeline of how this property has performed in the market
Last Sold
$675,000
20 Jul 2021
  • 20 Jul 2021
    Sold for $675,000
  • 21 Feb 2018
    Listed for Sale Not Disclosed
  • 13 Sep 2013
    Sold for $800,000
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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 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.
There are currently 24 properties listed for sale, and 12 properties listed for rent in Nightcliff on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Nightcliff.

Suburb Insights for Nightcliff 0810

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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.