OFF MARKET

5/20 Somerville Gardens
Parap NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 238m2
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Property Details for 5/20 Somerville Gdns, Parap

5/20 Somerville Gdns, Parap is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1984. The property has a land size of 238m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Unit
Year Built
1984
Floor Size
75m2
Land Size
238m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5383/S 82/210

Last Listing description (March 2017)

Units of this quality dont come along very often and dont stay on the market long when they do.
Available to move straight in, this two bedroom ground level unit is spacious, bright and tastefully refurbished. Situated at the entrance of a small complex and complete with a desirable northerly aspect paved entertainment area, it is ideally placed to enjoy the benefits of its peaceful location.
Features include:

Fully air-conditioned and tiled throughout
Open plan living enhanced by high ceilings
Light and bright kitchen with SMEG appliances
Both bedrooms with built ins
Private yard with in ground spa
Undercover parking for two
If you manage to drag yourself away from your own piece of paradise, you are just an easy walk to the famous Parap Markets, shopping centre, tavern, quality schools, CBD transport and only 5 minutes from Darwin CBD.
A fantastic opportunity suited to a broad spectrum of buyers from empty nesters, young families and investors. If you have been searching for a solid entry level property in Parap, your inspection is a must.

Area under Title: 238m
Council rates: $1310 approx
Bindi Johnston 0407 434 525

Property History for 5/20 Somerville Gdns, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$410,000
15 Jul 2016
Listed for Rent
$490/w
24 Mar 2016
  • 15 Jul 2016
    Sold for $410,000
  • 30 Mar 2016
    Listed for Sale Offers Over $420,000
  • 25 Feb 2016
    Listed for Rent - Price not available
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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 1,832 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 14 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 69 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.