52 Gregory StreetParap NT 0820
Property Details for 52 Gregory St, Parap
52 Gregory St, Parap is a 1 bedroom, 1 bathroom Unit. The property has a land size of 1m2.
Last Listing description (July 2023)
Fantastic bedsit in an ideal location, furniture included.
Close to markets, caf, public transport, shops, ocean, and everything else the tropics has to offer, this unit features a bedroom, en-suite and small basic meal prep facilities.
Yielding returns of $140p/n or more, plus cleaning fee of $75 on top from Air-BNB or longer-term set & forget tenancy at $230p/w on a standard rental lease or simply move in yourself.
Last year figures from a similar unit in the block showed an annual gross income of $42,400.
This property also lends itself to FIFO workers that can have a convenient Darwin base & make money from the property on Air-BNB while you are away, just block out the dates you need on the Air-BNB app & book out the with guests.
It presents many fantastic opportunities!
Cash or equity redraw purchases only as the unit is under 50m2.
Body Corporate: $686 p/q (Includes power, water, insurance & maintenance)
Council rates: Approx. $1,595 p/a
Tenancy status: Short term stays / Vacant
Call Julio Leschi for a private viewing today.
Property History for 52 Gregory St, Parap, NT 0820
- 10 Feb 2022Listed for Sale $120,000 PLUS
- 29 Nov 2021Listed for Rent $220 / 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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