OFF MARKET

4/7 Weddell Street
Parap NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
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Property Details for 4/7 Weddell St, Parap

4/7 Weddell St, Parap is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1985
Floor Size
83m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5354/LTO82/015

Last Listing description (August 2020)

Perfectly positioned in a prime Parap Street.

This lovely townhome is located in a back street away from traffic and adjoins a quiet park - yet a few moments on foot will take you to the bustling Parap Markets and an array of popular cafes and eating venues.

Here is the opportunity to live a peaceful, yet very cosmopolitan lifestyle without blowing your budget.

Consider these benefits -
* Quiet secluded complex of just 10 townhouses
* Well maintained and attractive exterior presentation
* Carport at the front door
* Open plan living downstairs with tiled floors
* Modern kitchen already in place
* Living area opens to a very generous rear courtyard
* 2 bedrooms upstairs plus the bathroom
* Bedrooms with high ceilings, robes and split-system air-conditioning
* The rear courtyard is very private and has an inground spa

Whether you are downsizing or buying your first home, this property could be what you are looking for.

Close to the CBD for work and an easy walk to the foreshore and local schools.

Body Corporate fees approx. $951 per quarter

Currently let on a periodic lease.

Inspections by appointment.

Property History for 4/7 Weddell St, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$297,500
10 Jul 2020
Listed for Rent
$300/w
07 Dec 2017
  • 10 Jul 2020
    Sold for $297,500
  • 30 Oct 2019
    Listed for Sale $320 000
  • 17 Oct 2017
    Listed for Rent $300 / 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.
There are currently 17 properties listed for sale, and 15 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 68 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.