SOLD
Sold on 25 Nov 2024 for $460,000

103/2 Elsey Street
Parap NT 0820

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 125m2
Sold By
Ellis Parker Real Estate
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Property Details for 103/2 Elsey St, Parap

103/2 Elsey St, Parap is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 125m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Parap in the last 12 months.

Building Type
Unit
Land Size
125m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 10754/UTS2016/031

Last Listing description (December 2024)

Ellis Parker Real Estate proudly presents this fully furnished 2-bedroom, 2-bathroom unit in the heart of Parap, offering modern living in one of Darwin's most sought-after suburbs. Just moments from Parap Shopping Village, Parap Primary School, and within walking distance to East Point, this location has it all. The famous Parap Village Markets and Fannie Bay Race Track are also right at your doorstep, adding to the vibrant community lifestyle.

Key Features:
? Fully furnished 2-bedroom, 2-bathroom unit

? Bright, open-plan living flowing to a private balcony
? Master bedroom with ensuite, both bedrooms featuring built-in wardrobes
? Two secure car spaces
? On-site pool within the complex
? Air conditioning throughout
? Modern kitchen with quality appliances
? An easy stroll to local shops, schools and parks

Why This Property Stands Out:
? Perfect for first-home buyers or savvy investors
? Strong rental return of $650/week
? Low-maintenance, lifestyle-focused living

Rental Return: $650-$700/wk
Body Corporate: $1630.68 (inc. $297.18 sinking fund) approx per quarter
Council Rates: $1200.00 approx per annum

Date Built: 2016
Zoning Information: MR (Medium Density)
Easements: Nil
Status: Leased until 18/11/24 at $650/wk

To arrange a private viewing, contact Stephanie Otto on 0401 400 834 or email stephanie@ellisparker.com.au.

Property History for 103/2 Elsey St, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$460,000
25 Nov 2024
  • 25 Nov 2024
    Sold for $460,000
  • 10 Oct 2024
    Listed for Sale Offers over $450,000
  • 08 Mar 2022
    Sold for $435,000

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About Parap 0820

The size of Parap is approximately 1.1 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of Parap in 2011 was 1,975 people. By 2016 the population was 2,759 showing a population growth of 39.7% in the area during that time. The predominant age group in Parap is 30-39 years. Households in Parap are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parap work in a professional occupation. In 2011, 45.6% of the homes in Parap were owner-occupied compared with 34.1% in 2016.

Parap has 1,840 properties. Over the last 5 years, Houses in Parap have seen a 21.88% increase in median value, while Units have seen a 44.12% increase. As at 30 November 2024:

  • The median value for Houses in Parap is $761,513 while the median value for Units is $358,066.
  • Houses have a median rent of $720 while Units have a median rent of $575.
There are currently 12 properties listed for sale, and 16 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Parap.

Suburb Insights for Parap 0820

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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.