29/18 Salonika St, Parap is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 152m2 and floor size of 106m2.
Off The Plan - Settlement early 2014
Released back on the market today, this apartment represents outstanding value in what is without a doubt one of Darwin???s most sought after new residential developments. This is a golden opportunity for an investor to secure the lowest priced 2 bedroom apartment in the entire precinct while achieving excellent capital gains during the course of construction. A 3 year rental guarantee can be included if required.
??? Located in Stage 1 - ???Spirit on the Avenue???
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 1,833 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:
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