OFF MARKET

1/296 Casuarina Drive
Rapid Creek NT 0810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 160m2
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Property Details for 1/296 Casuarina Dr, Rapid Creek

1/296 Casuarina Dr, Rapid Creek is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 160m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
Unit
Year Built
1994
Floor Size
123m2
Land Size
160m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 38/OP 001169

Last Listing description (October 2018)

Imagine stepping outside your property and having direct access to the Nightcliff foreshore. Late afternoon dry season days, having a BBQ or drinks with friends and family with amazing ocean views. Well stop imagining and wake up to the reality of this amazing fully furnished apartment 'smack bang' on the foreshore!
Features at a glance:
* Gorgeous ground level apartment in complex of only 12 owners

* 3 great sized bedrooms with all with split-system A/C's and BIR's
* A bonus 4th bedroom or study provides extra space and versatility
* Ensuite and main bathroom featuring floor to ceiling tiling
* Spacious open plan living with a beautiful aspect looking out to the foreshore
* Kitchen offers a plenty of overhead and under bench storage space
* Tiled patio area looking onto lush green grass and tropical gardens
* Electric gate and intercom security door entrance into the property
* Positioning of the apartment means it misses direct afternoon sun
* Ideal for all buyers - 1st home owners, investors, downsizers, retirees
* Walking distance to all great amenities such as the pool, jetty, shops and cafes
* 2 undercover parks on title, internal laundry, storage available in spare room
Other relevant information:
Year Built: 1994
Area under Title: 160m2
Body Corporate Fees: $1,531 per quarter
Body Corporate Manager: Altitude Management
Council Rates: $1,188 per annum (approx.)
Property Status: Vacant possession offered

This fantastic three bedroom apartment is situated 'front and centre' on the famous Casuarina Drive strip, providing the most amazing lifestyle Darwin has to offer. Being ground level allows you to walk in and out of the apartment with ease, set amongst beautiful gardens in the complex.
The apartment itself is gorgeous inside and has a real beach house feel to it. The interior is complimented with wooden blinds and large banks of louvres that allow the sensational view as well as streams of light to filter through.
There are so many uses for a property such as this. Owner occupiers such as 1st home buyers, retirees, or even small families looking to down size would get great use out of the property. While investors have the option to rent on the open market for a safe return, or do as the current owner has been doing successfully and renting on a short term basis on sites such as AirBNB.
The complex fronts onto beautiful walkways that leads to the foreshore and is located close to all amenities such as shops, restaurants, schools, university, and pool. There is secure gated entrance and intercom to the complex, while there are two undercover parks on title.
If you've dreamt about living on the foreshore then it's time to make things a reality. Living in this area is talked about highly by all the locals as there is so much to do, and there is such a great vibe around the place. For your opportunity to purchase this fantastic property make sure you get to the open inspection!

Property History for 1/296 Casuarina Dr, Rapid Creek, NT 0810

A timeline of how this property has performed in the market
Last Sold
$490,000
03 Oct 2018
Listed for Rent
$650/w
05 Jun 2012
  • 03 Oct 2018
    Sold for $490,000
  • 10 Aug 2018
    Listed for Sale UNDER CONTRACT
  • 06 Sep 2017
    Listed for Sale Negotiable over $500,000
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About Rapid Creek 0810

The size of Rapid Creek is approximately 1.8 square kilometres. It has 7 parks covering nearly 44.9% of total area. The population of Rapid Creek in 2011 was 3,267 people. By 2016 the population was 3,290 showing a population growth of 0.7% in the area during that time. The predominant age group in Rapid Creek is 30-39 years. Households in Rapid Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rapid Creek work in a professional occupation. In 2011, 46.1% of the homes in Rapid Creek were owner-occupied compared with 43.9% in 2016.

Rapid Creek has 1,649 properties. Over the last 5 years, Houses in Rapid Creek have seen a 29.74% increase in median value, while Units have seen a 5.42% increase. As at 31 August 2024:

  • The median value for Houses in Rapid Creek is $748,753 while the median value for Units is $343,501.
  • Houses have a median rent of $600 while Units have a median rent of $490.
There are currently 14 properties listed for sale, and 13 properties listed for rent in Rapid creek on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Rapid creek.

Suburb Insights for Rapid Creek 0810

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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.