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Sold on 16 Oct 2023 for $430,000

17/5 Mitaros Place
Parap NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 181m2
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Property Details for 17/5 Mitaros Pl, Parap

17/5 Mitaros Pl, Parap is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 181m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom Apartment sold in Parap in the last 12 months.

Building Type
Apartment
Land Size
181m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 8020/S2009/237

Last Listing description (October 2023)

Take a leisurely stroll to the famous Parap Saturday markets, Parap and Fannie Shops or some exercise at the beautiful Parap Pool – From this location you are close to it all – Primary school, East Point Reserve, Fannie Bay Racetrack and popular clubs such as the Trailer Boat and Sailing clubs!

This spacious three-bedroom apartment would ideally suit busy professionals, investors or even as holiday retreat amongst some of Darwin's most popular attractions.

• Spacious Three bedroom furnished apartment

• Tiled and airconditioned for year round comfort
• Swimming pool in complex
• Hostess kitchen overlooks large entertaining area
• Master bedroom with ensuite
• Built in robes throughout
• Private balcony looks out to Parap Swimming pool
• Two car parks, storeroom and lift in complex
• Secure entry to parking and foyer
• Massive 181m2 on title – Built 2012

Low maintenance living is assured, ideal for those who like to lock up and leave! Large open plan living area flows out onto the private balcony that looks towards the Parap swimming pool – Speaking of pools the complex features one for you to cool off. Kitchen features stone benches, ample storage and great meal preparation areas.

The master bedroom has a lovely ensuite and the large main bathroom services bedrooms two and three. Each room has ample built in robes and are large in size. Tiled and airconditioned throughout this home offers a generous 181m2 on title that includes two car parks and storeroom.

Ready to move into now call to book your appointment now or attend one of the scheduled open inspections.

Year Built: 2012
Size On Title: 181m2
Council Rates: $1675/ annum
Rent Appraisal: $550 - $570 per week

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Property History for 17/5 Mitaros Pl, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$430,000
16 Oct 2023
Listed for Rent
06 Dec 2019
  • 07 Nov 2023
    Sold for $430,000
  • 23 Jun 2023
    Listed for Sale Not Disclosed
  • 09 Aug 2019
    Listed for Rent $470 / week
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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 1,843 properties. Over the last 5 years, Houses in Parap have seen a 31.52% increase in median value, while Units have seen a 32.69% increase. As at 31 July 2024:

  • The median value for Houses in Parap is $820,592 while the median value for Units is $348,461.
  • Houses have a median rent of $780 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 14 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Parap.

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Tim Mackenzie
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Elders Real Estate Darwin
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