OFF MARKET

17/3 Mitaros Place
Parap NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 182m2
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Property Details for 17/3 Mitaros Pl, Parap

17/3 Mitaros Pl, Parap is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 182m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2011
Floor Size
124m2
Land Size
182m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 8019/U2011/007

Last Listing description (November 2022)

Perfectly positioned only a stone's throw to the Parap markets, nearby East Point reserve & Darwin's CBD, the apartment is currently under a long lease and offers excellent returns at $620 per week!

The generous layout features three double bedrooms, with ensuite and plenty of wardrobe space to the master, spacious open plan living and dining areas, a large and practical kitchen, airconditioned and tiled throughout. The large balcony located off the living area and main bedroom provides a great space for entertaining or simply relaxing after a long day.


In brief:
*3 bedrooms, 2 bathrooms
*Large balcony seamlessly extending from the main living
*Combined lounge/dining area
*Kitchen has stone benches and quality appliances
*Swimming pool, lift, two car parks and storeroom
*Pets under 10 kilograms on application to body corporate
*Highly Regarded Parap Primary School opposite

Located only a quick commute to the C.B.D, you will have everything you need right at your fingertips, yet it is just far enough away from the hustle and bustle to provide a private and relaxing escape.

If you are searching for a low maintenance investment property in a prime location, then stop looking, as this apartment is available NOW!

Year Built: 2011
Zoning: MR (Medium Density)
Area on Title: 182 square metres (approx.)
Council Rates: $1,550 per annum (approx.)
Body Corporate Manager: North Management
Body Corporate Fees: $1,531 per quarter (approx.)
Sinking Fund: $306 per quarter (approx.)
Status: Leased @ $620pw til 20/03/2023
Settlement Period: 30 Days
Deposit: 10% or variation on request

Property History for 17/3 Mitaros Pl, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$482,000
07 Nov 2022
Listed for Rent
$620/w
21 Mar 2022
  • 07 Nov 2022
    Sold for $482,000
  • 08 Mar 2022
    Listed for Rent $620 / week
  • 01 Dec 2021
    Listed for Sale UNDER CONTRACT
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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 1,831 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

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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.