OFF MARKET

16-32 Gregory Street
Parap NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 16-32 Gregory St, Parap

16-32 Gregory St, Parap is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 58m2.

Building Type
Unit
Year Built
1970
Floor Size
58m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 7591

Last Listing description (October 2012)

2 x 1 bedroom units with possible combined rental of $700pw - Only $295,000 for both or purchase separately
My owner needs to cash up and has decided to sell two units in Casa on Gregory. These two units are back to back with a connecting door. Currently in the holiday rental pool, the combined income for last month was $4200 which is a brilliant return. The units can be left in the rental pool or leased out on a permanent basis. If the units were leased out permanently you could return $350pw for each unit. You might like to move into one yourself and lease out the other to help pay for your lifestyle. With the current rental demand in Darwin these units will get snapped up in a flash. They are idea for workers looking for something nice with a pleasant tropical atmosphere close to all amenities. The complex has a kitchen on site as well as a gym, laundry, gorgeous in-ground pool, Barbeque area with ample tables and seating. There are also numerous sitting areas around the complex. Bogart's Bar and Grill is right next door for a great meal and drink after work or walk to the Parap Hotel for a $10 steak. Of course you can always go across the road to the Parap Village for shopping or a takeaway meal. This is a one of a kind opportunity. Inspections can be made after hours to suit your working day by phoning Katie on 044 88 66 376.
Furniture, air-conditioning

Property History for 16-32 Gregory St, Parap, NT 0820

A timeline of how this property has performed in the market
  • 12 Oct 2012
    Listed for Sale 295,000
  • 20 Feb 2010
    Listed for Sale PRICED FROM $675,000
  • 01 Aug 2009
    Listed for Sale PRICED FROM $675,000

Commute Calculator

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 1,831 properties. Over the last 5 years, Houses in Parap have seen a 21.57% increase in median value, while Units have seen a 27.70% increase. As at 31 October 2024:

  • The median value for Houses in Parap is $779,500 while the median value for Units is $325,196.
  • Houses have a median rent of $750 while Units have a median rent of $575.
There are currently 17 properties listed for sale, and 13 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Parap.

Suburb Insights for Parap 0820

Market Insights
Parap Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Parap Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.