OFF MARKET

7/30 Parap Road
Parap NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 74m2
Land area: 105m2
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Property Details for 7/30 Parap Rd, Parap

7/30 Parap Rd, Parap is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 105m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
Unit
Year Built
2000
Floor Size
74m2
Land Size
105m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 8190/UTS2011/075

Last Listing description (May 2019)

Currently tenanted this oversized 1 bedroom apartment offers stunning returns for investors. Close proximity to shops, restaurants and public transport ensures that this property is always a hit with tenants. Great rental returns, low interests rates and a recent drop in property prices creates the perfect opportunity for astute investors to capitalise on this property. The highest returning properties always sell first so enquire now and avoid disappointment.

Property History for 7/30 Parap Rd, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$23,000,000
07 Oct 2014
  • 07 Dec 2016
    Listed for Sale From $340,000
  • 07 Oct 2014
    Sold for $23,000,000

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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 17 properties listed for sale, and 13 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 69 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.