OFF MARKET

8/5 Mitaros Place
Parap NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 186m2
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Property Details for 8/5 Mitaros Pl, Parap

8/5 Mitaros Pl, Parap is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 186m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2012
Floor Size
130m2
Land Size
186m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 8020/U2012/002

Last Listing description (November 2021)

Occupying a prized position in the heart of Parap, this contemporary apartment offers low maintenance resort style living, within a short stroll to the popular Parap Markets, shopping village and across from the Parap Primary school.

Built in 2012 with a generous 186 square metres under title, it is as big as a lot of houses and has all the necessary requirements for a contemporary and carefree living close to everything that matters.

An elegantly appointed kitchen in subtle neutral tones and gorgeous stone benches are the centrepiece of the enormous living and dining area. This spills out to a sheltered, tiled balcony attracting nearby sea breezes with a lush leafy outlook. This is the perfect spot to enjoy alfresco entertaining and unwind after a long day.

It features three bedrooms which are all generous in size and there is an ensuite bathroom to the master bedroom which enjoys direct access to the balcony.

Lush lawns and beautifully landscaped gardens surround the well maintained complex with solar power to the common areas and corridors which have the luxury of air conditioning. The immaculate grounds of the complex include a gorgeous inground pool.

In addition, there are two secure car spaces and a storage cage.

Tucked away off the street, yet moments away from Parap Village and the Saturday Markets, this residence is popular with young families with the renown local primary school and preschool located conveniently across the road.

This is undoubtedly a magnificently located property with the Parap Aquatic Centre, tennis and basketball courts, over the back fence. With a myriad of cafes and restaurants all within easy reach, this is most definitely a wonderful lifestyle opportunity.

Property History for 8/5 Mitaros Pl, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$490,000
02 Nov 2021
Listed for Rent
$460/w
04 Mar 2020
  • 02 Nov 2021
    Sold for $490,000
  • 10 Sep 2021
    Listed for Sale UNDER CONTRACT
  • 10 Feb 2020
    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 1,843 properties. Over the last 5 years, Houses in Parap have seen a 26.66% increase in median value, while Units have seen a 22.34% increase. As at 31 August 2024:

  • The median value for Houses in Parap is $790,711 while the median value for Units is $339,941.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 16 properties listed for sale, and 11 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 73 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.