4/4 Wells StreetParap NT 0820
Property Details for 4/4 Wells St, Parap
4/4 Wells St, Parap is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 86m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in July 2011.
Last Listing description (September 2024)
One of the highlights of this property is its prime location as it is situated just across the road from the Darwin Turf Club. A short stroll will take you to the vibrant Parap Markets every Saturday with its lively atmosphere and array of delicious food options. You are also in the catchment zone for Parap Primary School and can take advantage of the Village vibe, great coffee and boutiques in the Parap shopping precinct.
This well located, delightful 2 bedroom unit boasts an old-style Darwin design, making it a unique and attractive choice for first home buyers and investors alike.
Upon entering, you will be greeted by a fully airconditioned, spacious living area featuring split system air conditioning for your comfort. The recently renovated kitchen is modern and functional, ensuring an enjoyable cooking experience. The unit is louvred throughout, allowing for great breezes and abundant natural light.
Nestled in a quiet and peaceful location, this small complex has only 6 in the block. The convenience of having a dedicated parking space and low Body Corp fees make this an appealing investment or live-in opportunity.
The generous proportions throughout the unit create a welcoming and comfortable atmosphere. With a rental appraisal of $420 per week, this property presents a fantastic opportunity for those looking to invest or nest.
Don't miss your chance to secure this charming unit in a highly sought-after location. Its combination of character, convenience, and affordability make it an ideal choice for first home buyers and investors. Enquire now to arrange a viewing and experience this charming unit for yourself.
Property History for 4/4 Wells St, Parap, NT 0820
- 28 Jun 2024Listed for Sale Not Disclosed
- 28 Apr 2021Listed for Rent $350 / week
- 22 May 2020Listed for Rent $280 / 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 1,833 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:
- 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.
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