OFF MARKET

7/16 Somerville Gardens
Parap NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 3596m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 7/16 Somerville Gdns, Parap

7/16 Somerville Gdns, Parap is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 3596m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
1984
Floor Size
74m2
Land Size
3596m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5382/S 82/210

Last Listing description (March 2018)

Located in a small complex this ground level unit is a great affordable first home or investment property.

The tiled open plan living area opens to the verandah and private paved courtyard. The kitchen is functional but needs a little TLC which gives you the opportunity to add your own touch to the place.

Two spacious bedrooms offer built in robes and the bathroom incorporating the laundry is generous in size.

Fully air conditioned, tiled and freshly painted.

Situated in a great location within walking distance to the popular Parap markets and public transport.

Property History for 7/16 Somerville Gdns, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$325,000
14 Jul 2017
Listed for Rent
$450/w
08 Nov 2013
  • 14 Jul 2017
    Sold for $325,000
  • 15 Feb 2017
    Listed for Sale $325,000
  • 02 Nov 2013
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 17 properties listed for sale, and 15 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Parap.

Suburb Insights for Parap 0820

Market Insights
Parap Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Parap Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.