OFF MARKET

53 May Street
Parap NT 0820

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 170m2
Land area: 500m2
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Property Details for 53 May St, Parap

53 May St, Parap is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 500m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
House
Year Built
2001
Floor Size
170m2
Land Size
500m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 7210/LTO99/122B

Last Listing description (August 2016)

Located in the ever popular, Parap Grove is this four bedroom, low maintenance family home. Within close proximity to great schools, iconic Parap market, local park, CBD and so much more will ensure everyone in the family is catered for.
- Four bedroom ground level home
- Low maintenance 498m2 allotment

- Tiled and air-conditioned throughout
- Separate living areas
- Master with ensuite and walk in robe
- Huge hostess kitchen with gas and electric cooking
- Outdoor undercover entertaining area overlooking plunge pool
- Undercover parking for two cars
Located only minutes from Darwins CBD, Parap Grove has been a very sought after and well held location. Homes in this area do not come onto the market very often, which is a testament to the areas popularity.
With four bedrooms and separate living areas, as well as the outside entertaining there is room for everyone. The large hostess kitchen offers the chef of the home a great area to prepare meals, whilst still being able to part of it all looking out over the dining area and outside to the plunge pool which offers a fantastic place to cool off.
The bedrooms are all a good size, with built in robes, and the large master also offers an ensuite and walk in robe. Main bathroom offers full size bath and separate shower.
This home is also tiled and air-conditioned throughout for year round comfort and enjoyment.
Outside there is a low maintenance garden, paving and undercover parking for two cars.
Currently leased until 21st August 2016 at $700 per week, this is a terrific opportunity for your property portfolio, or a great chance to secure your future home. Inspect by appointment and advertised open days.

Year Built: 2001
Size on title: 498m2
Council Rates: $1,800

Property History for 53 May St, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$740,000
26 Aug 2016
Listed for Rent
$700/w
14 Aug 2015
  • 26 Aug 2016
    Sold for $740,000
  • 09 May 2016
    Listed for Sale Offers Over $750,000
  • 28 Jul 2015
    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 1,833 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 15 properties listed for sale, and 16 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 67 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.