OFF MARKET

4/4 Elsey Street
Parap NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 87m2
Land area: 134m2
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Property Details for 4/4 Elsey St, Parap

4/4 Elsey St, Parap is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 134m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2000
Floor Size
87m2
Land Size
134m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 2648/U2000/078

Last Listing description (June 2022)

Celeste Mackenzie of Raine & Horne Darwin presents to you low maintenance living situated in Darwin's popular suburb of Parap. This apartment is surrounded by an abundance of amenities and will be perfect singles, couples or investor alike. This welcoming abode is currently vacant and move in or rent out ready!

Positioned on the first floor, you will enter an open plan kitchen and living area which showcases plenty of storage and prep areas along with a built-in breakfast bar, wine racks and a pantry. Effortlessly flowing out onto an off the treetop balcony, with views through the greenery to the streetscape below.

Both bedrooms are well sized and include built-in robes along with tiled flooring and updated air-conditioning. The rooms are serviced by the central bathroom, which includes a relaxing shower-bath along with vanity that has storage and a separate toilet for your convenience. across the hall is a linen press and laundry amenities cleverly concealed behind sliding doors.

Positioned within a small complex of homes with secure off-street parking and a swimming pool in the complex, this apartment resides only moments from Darwin's favourite Parap Markets serving laksa, local produce and wares. Spend your free time exploring the nearby East Point Reserve or try stand up paddle boarding on Lake Alexandra.

What we love:
Two spacious bedrooms
Built-in mirrored robes
Upgraded air-conditioning system and ceiling fans throughout
under shade car space
Well maintained pool for your pleasure
Lift access to all floors
Close proximity to Parap markets, local shopping, bars/restaurants
Close proximity to local schools, Olympic-sized Parap pool

About the property:
Area on Title: 134 square metres
Body Corporate Manager: Ace Body Corp Management
Body Corp Rates: $1,532
Council Rates- $1,550 per annum (approx.)
Potential Rental Yield: $350-$370 per week
Year Built: 2000

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Property History for 4/4 Elsey St, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$340,000
15 Jun 2022
Listed for Rent
$320/w
24 Apr 2020
  • 15 Jun 2022
    Sold for $340,000
  • 25 Jan 2022
    Listed for Sale UNDER CONTRACT
  • 29 Jan 2020
    Listed for Rent $320 / 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 1,831 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.

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