OFF MARKET

6 Weddell Street
Parap NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 143m2
Land area: 1549m2
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Property Details for 6 Weddell St, Parap

6 Weddell St, Parap is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1549m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in October 2013.

Building Type
House
Year Built
1980
Floor Size
143m2
Land Size
1549m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1798/OP 001196

Last Listing description (January 2019)

Brand new to the market is this wonderful opportunity for the smart investor or developer to purchase this easement free home with approved development in the prestige suburb of Parap.
The home has been modernized and ready to achieve a great rental return or develop straight away, the choice is yours! The 'potential' is huge.
What we love about this property:

- Massive 1,530sqm easement free land allotment, zoned MD (Multiple Dwelling)
- 3 great sized bedrooms with the main bedroom being double sized
- Spacious modern kitchen with ceramic cook top and stainless steel oven and rangehood
- Built-in mirrored robes and split system air conditioning in all bedrooms
- Newly renovated main bathroom and ensuite
- Freshly painted neutral colour scheme, down lights and classy floor tiles throughout
- Fully enclosed alfresco style verandah
- Cleared land allotment with full wrap around fencing
Nestled in the lovely city fringe suburb of Parap, you have the CBD, beaches and botanic gardens moments away as well as the iconic Parap Village and weekend markets. The property is adjacent to a lovely parkland and is surrounded by established homes.
The current owner has placed the property on the FASTRAK sale process and is willing to look at all offers as there is no set price.

Property History for 6 Weddell St, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$890,000
17 Oct 2013
  • 10 Apr 2018
    Listed for Sale FASTRAK
  • 17 Oct 2013
    Sold for $890,000
  • 20 Apr 2013
    Listed for Sale OFFERS AROUND $850,000

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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 1,831 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 11 properties listed for sale, and 16 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 64 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.