93/30 Parap Rd, Parap is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 160m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in October 2014.
This large top floor apartment is fully leased and available to the astute investor now. With high ceilings and overlooking the leafy tree line of Parap, this apartment represent one of the premium apartments of the complex. Tenanted and ready to go the purchaser can relax and watch the rental income flow in. With a shopping village, and a large government department in the area this property is rarely vacant. Recent investor activity Darwin area is showing that confidence is returning to the market place and perhaps there may be pressure on pricing in 2017?
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 1,834 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:
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