SOLD
Sold on 12 Aug 2024 for $450,000

5/39 Parap Road
Parap NT 0820

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 74m2
Land area: 4421m2
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Property Details for 5/39 Parap Rd, Parap

5/39 Parap Rd, Parap is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1983. The property has a land size of 4421m2 and floor size of 74m2.This Property is currently listed for rent with Raine & Horne Darwin

Building Type
Unit
Year Built
1983
Floor Size
74m2
Land Size
4421m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5605/LTO87/057

Last Listing description (September 2024)

Immerse yourself in this stylish townhouse that boasts generous proportions, elegant fittings within a practical design.

Located in the popular Parap Village Complex and just moments away from your favorite restaurants, coffee shops, markets and more!

Features We Love:

Beautifully renovated kitchen with modern appliances and stone benchtops
Bright and airy open-plan living area, tiled throughout
Oversized master bedroom features built-in robe and private balcony
Two further bedrooms also offer floor to ceiling built-in robes
Modern bathroom features walk-in, generously sized shower
Laundry room located on ground floor, featuring second toilet
With split-system AC's throughout, you can beat the heat in style
Stunning private courtyard, paved and framed beautifully by tropical gardens creating a lush oasis
Covered parking for one with an additional open air carpark.
Access to two pools and BBQ facilities in this family friendly complex

Please note: All Raine & Horne properties must be inspected in person by at least one lease holder before an application can be accepted.

Property History for 5/39 Parap Rd, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$450,000
12 Aug 2024
Listed for Rent
$360/w
29 Nov 2019
  • 03 Sep 2024
    Listed for Rent $630 / week
  • 12 Aug 2024
    Sold for $450,000
  • 03 May 2024
    Listed for Sale SOLD
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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 1,843 properties. Over the last 5 years, Houses in Parap have seen a 26.66% increase in median value, while Units have seen a 22.34% increase. As at 31 August 2024:

  • The median value for Houses in Parap is $790,711 while the median value for Units is $339,941.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 16 properties listed for sale, and 11 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 73 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.